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    7860 Airport Blvd Mobile, AL 36608

    For Sale
    $784,000

    Ground lease opportunity on high-traffic Airport Blvd.

    Property size:
    44,575 SF
    Lot size:
    1.04 Acres

    Property Features for 7860 Airport Blvd

    General Information

    Size
    44,575 SF
    Lot size
    1.04 Acres

    Source: Merrill P. Thomas Co, Inc. Agent John M. Delchamps

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

    Overview

    Prime Land Lease Opportunity

    This ground lease opportunity includes three lots totaling approximately 44,575 square feet. The property is located on Airport Blvd, a thoroughfare known for its high traffic and commercial presence. The site features approximately 330 feet of frontage on Airport Blvd and is positioned at the intersection of Schillinger Road and Airport Blvd, offering visibility and exposure in a business district. There are 63 years remaining on the ground lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PNC Bank Bank PNC Mortgage Mortgage Lender PNC ATM Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.2268617
    Latitude
    30.6830824

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    FAQs

    What type of property is this?
    Land - Ground lease opportunity on high-traffic Airport Blvd.
    Where is this land located?
    The property is located at 7860 Airport Blvd Mobile, AL.
    What is the asking price?
    The asking price for this property is $784,000.
    What are key features of this property?
    This property features: - 63 years remaining on the ground lease; - **330’ Frontage on Airport Blvd**; - Located at a major intersection of Schillinger & Airport Blvd
    (251) 604-0615
    Request Owner's contact information
    7860 Airport Blvd Mobile, AL 36608
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    Mobile, AL 36608
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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
    7860 Airport Blvd Mobile, AL 36608
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