Upgraded Well-Lit Car
156 E Beltline Highway N Mobile, AL 36607
156 E Beltline Highway N, Mobile, AL, 36607
$390,000
For Sale
$390,000
COMMERCIAL - Mobile, AL
Property Size1,312 SF
Lot Size0.07 Acres
Price / SF$297.26
Days on Market52
Property Features for 156 E Beltline Highway N
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B3
- Parking
- 30
- Parking features
- Parking Lot
- Interior features
- Beamed Ceilings, High Ceilings 10 or Greater, Living Space Available, Low Flow Plumbing Fixtures, Reception Area, Restrooms
- Standard status
- Active
- APN
- 2806374000010
- Size
- 1,312 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1157
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic
- Building materials
- Block, Brick 4 Sides
- Roof type
- Flat
Listing Agency
Roberts Brothers Comm & Prop M
(251) 342-8000
Mobile, AL
Listed by
Edward Ladd
(251) 342-8000
Added: May 27 Checked: Jul 17 at 1:06 am
MLS# 7778181
Copyright © 2026 Mobile Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering consists of two adjoining lots at 150-156 E I-65 Service Road in Mobile, Alabama. The property includes a car lot that has been upgraded and is described as well-lit, with security cameras in place. The lots are positioned for automotive-related parking and staging uses consistent with the existing improvements.
Visibility is a key attribute, with the property noted for excellent exposure to I-65. The listing is for the two parcels identified by Key #00555081 and Key #00555090.
With its upgraded, well-lit surface and monitored setting, the property may be a practical fit for tenants or buyers seeking a small automotive-oriented site for vehicle parking, display, or short-term staging. The B3 zoning supports a range of commercial uses, and the configuration of two adjoining lots can be useful for operators who need flexibility within a contained footprint. Interested parties should confirm permitted uses and site plan requirements with the appropriate local authorities.
Visibility is a key attribute, with the property noted for excellent exposure to I-65. The listing is for the two parcels identified by Key #00555081 and Key #00555090.
With its upgraded, well-lit surface and monitored setting, the property may be a practical fit for tenants or buyers seeking a small automotive-oriented site for vehicle parking, display, or short-term staging. The B3 zoning supports a range of commercial uses, and the configuration of two adjoining lots can be useful for operators who need flexibility within a contained footprint. Interested parties should confirm permitted uses and site plan requirements with the appropriate local authorities.
Key Highlights
- Excellent I‑65 Exposure
- Two Adjoining Lots
- Upgraded Building
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.0k | $19.80 |
| − Vacancy | −$1.2k | −$0.89 |
| EGI | $24.8k | $18.91 |
| − OpEx | −$7.4k | −$5.67 |
| NOI | $17.4k | $13.24 |
1,312 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$248.1K
$217.1K – $289.4K
NOI $17,366 @ 7.0% cap · market cap 4.45%
Second Best
Industrial
$88.0K
$77.0K – $102.7K
NOI $6,163 @ 7.0% cap · market cap 1.58%
Theoretical Best
Office A
$333.5K
$291.8K – $389.1K
NOI $23,343 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Parking lots & garages
Similar For Sale Nearby
Similar Off Market Nearby
- Eazy Rydez LLC — 3150 Moffett Rd, Mobile, AL 36607
FAQs
What type of property is this?
Parking lot & garage - Two adjoining lots with a well-lit car lot and security cameras, offering strong exposure to I-65.
Where is this parking lot & garage located?
The property is located at 156 E Beltline Highway N Mobile, AL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Excellent I‑65 Exposure; Two Adjoining Lots; Upgraded Building
