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    3073-3083 W Pierpoint Dr Mobile, AL 36606

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    For Sale
    $799,000

    School building with long-term tenant in place.

    Property size:
    5,839 SF
    Lot size:
    0.44 Acres

    Property Features for 3073-3083 W Pierpoint Dr

    General Information

    Size
    5,839 SF
    Lot size
    0.44 Acres

    Source: The Weavil Company, LLC Agent Cameron Weavil, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    School Building For Sale

    This property is a school building currently leased to Azalea City Montessori School. The building size is approximately 5,839 square feet. The current rent is $67,980 per year, with a lease type of NNN, where the landlord is responsible for the roof and structure. The base lease term is seven years, expiring on June 30, 2029, and includes 3% annual rent escalations. There is one five-year renewal option available at $78,807 per year. The zoning is B-2, and the transaction type is Fee Simple.
    Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.11678
    Latitude
    30.68757

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    FAQs

    What type of property is this?
    School - School building with long-term tenant in place.
    Where is this school located?
    The property is located at 3073-3083 W Pierpoint Dr Mobile, AL.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - High Cap Rate: 8.5%; - Long-Term Tenant: Azalea City Montessori School; - NNN Lease: Landlord responsible for roof and structure only
    (251) 209-9000
    Request Owner's contact information
    3073-3083 W Pierpoint Dr Mobile, AL 36606
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3073-3083 W Pierpoint Dr Mobile, AL 36606
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