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Upgraded Well-Lit Car Lot

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

AddedMay 27

Days on Market50

Last RefreshJul 15 at 11:06 am

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 agent Edward Ladd

Listing office Roberts Brothers Comm & Prop M Mobile, AL

Listing date May 27, 2026

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.

Key Highlights

Excellent I‑65 Exposure
Two Adjoining Lots
Upgraded Building

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

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 (±1% cap)

NOI $17,366 @ 7.0% cap · market cap 4.45%

Second Best

Industrial

$88.0K

$77.0K – $102.7K (±1% cap)

NOI $6,163 @ 7.0% cap · market cap 1.58%

Theoretical Best

Office A

$333.5K

$291.8K – $389.1K (±1% cap)

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

Suggested Use

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