Automotive Property with Car
For Sale
$390,000
156 E Beltline Highway N, Mobile, AL 36607
Commercial Sale, Mobile, AL
Property Size1,312 SF
Lot Size0.07 Acres
Price / SF$297.26
Days on Market141
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
Lot features
Corner Lot
View
City
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
Amenities
security cameras
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 · Berkshire Hathaway HomeServices
Listed By:
Edward Ladd
(251) 342-8000
Added: May 27
Changed: Oct 8
Last Checked: Oct 14 at 1:06PM
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 automotive property includes a 1,312-square-foot building across two adjoining lots totaling 0.0733 acres. Interior features include a reception area, restrooms, available living space, ceramic tile flooring, beamed ceilings, and ceilings measuring 10 feet or greater. Block and brick construction, a flat roof, central electric heating, and central air conditioning serve the existing improvements. Security cameras and a parking lot are also in place.
The property offers exposure to I-65 in Mobile, Alabama. B3 zoning applies, with public water and public sewer serving the site. The existing building and car-lot configuration provide a commercial setting suited to automotive operations.
The property offers exposure to I-65 in Mobile, Alabama. B3 zoning applies, with public water and public sewer serving the site. The existing building and car-lot configuration provide a commercial setting suited to automotive operations.
Key Highlights
- 1,312‑square‑foot building
- Two adjoining lots totaling 0.0733 acres
- Exposure to I‑65
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,366
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,320
$347.3K
Cap Rate 7%
$248,086
$248.1K
Cap Rate 9%
$192,956
$193.0K
Market Conditions
NOI Build-Up for 1,312 SF
Gross rent
$26.0K $19.80/SF
− Vacancy
−$1.2K −$0.89/SF
EGI
$24.8K $18.91/SF
− OpEx
−$7.4K −$5.67/SF
NOI
$17.4K $13.24/SF
Area
Mobile, AL
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,320
Cap Rate 7%
$248,086
Cap Rate 9%
$192,956
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,099
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 36607, AL
6,264
Population
3,175
Households
2
Avg Household Size
44
Median Age
31%
College-Educated
87%
High-School Grad
3.0 sq mi
ZIP Area
2,088
Density / Sq Mi
$40,681
Median Household Income
$40,648
Median Earnings
$999
Median Rent
$125,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Riis III Erling — 3212 midtown park s, mobile, al 36606
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Frequently Asked Questions
What type of property is this?
Automotive property - B3-zoned commercial property with a parking lot, public utilities, and security cameras.
Where is this automotive property 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: 1,312‑square‑foot building; Two adjoining lots totaling 0.0733 acres; Exposure to I‑65
