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    5753 Old Shell Rd Mobile, AL 36608

    For Sale
    $4,286,578

    Fully occupied retail center with drive-thru lanes near university.

    Lot size:
    1.46 Acres

    Property Features for 5753 Old Shell Rd

    General Information

    Lot size
    1.46 Acres

    Source: Herrington Realty, Inc Agent Colby Herrington, CCIM

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

    Overview

    Multi-Tenant Retail Center For Sale

    This multi-tenant retail center, constructed in 2016, is located at 5753 Old Shell Road in Mobile, Alabama. The property features 11,877 square feet of gross leasable area on a 2.29-acre lot. It is currently 100% occupied by six tenants. Three of the tenants have drive-thru lanes. The property is located at the signalized intersection of Old Shell Road and University Boulevard, which are two primary commercial corridors in Mobile with traffic volumes of 30,000+ and 27,500+ vehicles per day, respectively. The center directly fronts the University of South Alabama, which has over 14,000 students and faculty.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chicken Salad Chick Sandwich Shop Salon Whairhouse Hair Salon The Shed Barbecue Restaurant Insomnia Cookies Cookie Shop Hibachi Express Japanese Restaurant

    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.

    Similar Places Nearby

    University Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1753953
    Latitude
    30.6889662

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    FAQs

    What type of property is this?
    Shopping center - Fully occupied retail center with drive-thru lanes near university.
    Where is this shopping center located?
    The property is located at 5753 Old Shell Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $4,286,578.
    What are key features of this property?
    This property features: - 100% Occupancy with diverse tenant mix.; - Located at a **high-traffic, signalized intersection** (Old Shell Road and University Boulevard).; - Three tenants feature drive-thru lanes, offering re-tenanting flexibility.
    (251) 490-6995
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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
    5753 Old Shell Rd Mobile, AL 36608
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