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    2851 Spring Hill Ave Mobile, AL 36607

    For Sale
    $699,000

    59,000+- SF corner site in the Crichton area.

    Property size:
    59,000 SF
    Lot size:
    1.36 Acres

    Property Features for 2851 Spring Hill Ave

    General Information

    Size
    59,000 SF
    Lot size
    1.36 Acres

    Source: Merrill P. Thomas Co, Inc. Agent Michael F Reid

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

    Overview

    Corner Site on Springhill Avenue

    This 59,000+- square foot corner site is located on Springhill Avenue in the Crichton area. The property is zoned B-3 and is suitable for retail, fast-food, or an auto parts store. Currently, there are four fully leased houses on the site. The property presents a potential opportunity for a 1031 Exchange. The owner is willing to build to suit for a qualified prospect.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1083636
    Latitude
    30.6982831

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    FAQs

    What type of property is this?
    Individual retail property - 59,000+- SF corner site in the Crichton area.
    Where is this individual retail property located?
    The property is located at 2851 Spring Hill Ave Mobile, AL.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Ideal corner site with 59,000+- SF in the Crichton area.; - Zoned B-3, suitable for retail, fast-food, auto parts store, etc.; - Ideal for retail, fast-food, auto parts store, etc.
    (251) 422-2208
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    2851 Spring Hill Ave Mobile, AL 36607
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    Mobile, AL 36607
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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
    2851 Spring Hill Ave Mobile, AL 36607
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