Corner Office and Land
156 East Interstate 65 Service Rd N Mobile, AL 36607
156 East Interstate 65 Service Rd N, Mobile, AL, 36607
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For Sale
Contact for pricing
Fully renovated in 2024 with strong corner exposure, east access, and site security for an office-leaning outdoor setup.
Property Size1,291 SF
Price / SF$302.09
Days on Market55
Property Features for 156 East Interstate 65 Service Rd N
General Information
- Standard status
- Active
- Size
- 1,291 SF
- Property subtype
- OFFICE
Listing Agency
Roberts Brothers Commercial & Property Management Inc
(251) 342-8000
Listed by
E Bradford Ladd Jr
(251) 342-8000
Source
Moodyscre
Added: May 27 Updated: Jul 10 at 3:59 pm Checked: Jul 20 at 3:16 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Roberts Brothers Commercial & Property Management Inc
Investment Insights
Based on property information with market context.
This property has been fully renovated in 2024 and is offered as two parcels on a corner lot. Recent improvements include new shingles on the front, a new water heater, LED exterior lights on the car lot, and security cameras already in place. The current setup is oriented toward a commercial outdoor layout with a car lot and exterior lighting for visibility after hours.
Situated for excellent exposure with east access, the parcels are positioned at the corner of Beltline Hwy and Werkland St. Access is available by appointment—call the agent for scheduling and entry details.
As a purchase offering, it can be a strong fit for an owner-operator or buyer seeking a renovated, presentation-ready site that supports office use alongside outdoor parking. The combination of corner positioning and maintained exterior infrastructure makes it practical for businesses that benefit from customer visibility and a secure, well-lit property presence. Investors may also view the asset as an opportunity to leverage its recent updates and curb appeal.
Situated for excellent exposure with east access, the parcels are positioned at the corner of Beltline Hwy and Werkland St. Access is available by appointment—call the agent for scheduling and entry details.
As a purchase offering, it can be a strong fit for an owner-operator or buyer seeking a renovated, presentation-ready site that supports office use alongside outdoor parking. The combination of corner positioning and maintained exterior infrastructure makes it practical for businesses that benefit from customer visibility and a secure, well-lit property presence. Investors may also view the asset as an opportunity to leverage its recent updates and curb appeal.
Key Highlights
- Fully renovated in 2024
- Sale includes two parcels on the corner of Beltline Hwy and Werkland St
- New shingles on the front
Local Financial Insights For Office B
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 | $28.7k | $22.20 |
| − Vacancy | −$4.7k | −$3.66 |
| EGI | $23.9k | $18.54 |
| − OpEx | −$6.0k | −$4.63 |
| NOI | $17.9k | $13.90 |
1,291 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$256.4K
$224.4K – $299.1K
NOI $17,948 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$328.1K
$287.1K – $382.8K
NOI $22,969 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Fully renovated in 2024 with strong corner exposure, east access, and site security for an office-leaning outdoor setup.
Where is this office units located?
The property is located at 156 East Interstate 65 Service Rd 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: Fully renovated in 2024; Sale includes two parcels on the corner of Beltline Hwy and Werkland St; New shingles on the front
