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Industrial Warehouse with Fenced Yard
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1701 Navco Rd, Mobile, AL

29,366 SF warehouse with office and fenced yard.

Property Size29,366 SF
Lot Size2.75 Acres
Price / SF$59.59
Days on Market284

Property Features for 1701 Navco Rd

General Information

Standard status Active
Size 29,366 SF
Lot size 2.75 Acres
Property subtype INDUSTRIAL
Listing Agency: The Weavil Company, LLC
Listed By: Cameron Weavil, CCIM · License #91744
Source: Moodyscre
Added: Oct 20, 2025 Changed: Jul 10 Last Checked: Jul 21 at 5:53AM

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 The Weavil Company, LLC

Investment Insights

Based on property information with market context.

The property features a total building size of 29,366 square feet, including a 27,784-square-foot warehouse and a 1,582-square-foot office area. The warehouse dimensions are 81 feet by 340 feet, and the office dimensions are 42 feet by 36 feet. The warehouse has a ceiling height of 16 feet at the eaves and door sizes of 16 feet wide by 15 feet 6 inches high. The property includes a stabilized and fenced yard. The warehouse is equipped with a sprinkler system throughout. The property is situated on a 2.75-acre lot and is zoned I-1 Light Industry. Recent improvements include a new roof and warehouse lighting.

Key Highlights

  • Total Building Size: 29,366 SF with large warehouse (27,784 SF) and office space (1,582 SF)
  • Stabilized and fenced yard on 2.75 acres
  • Brand new Roof and warehouse lighting**

Financial Insights For Industrial

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 $211.4k $7.20
− Vacancy −$14.4k −$0.49
EGI $197.1k $6.71
− OpEx −$59.1k −$2.01
NOI $137.9k $4.70
29,366 SF · lease $7.20/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$2.39M
$2.09M – $2.79M (±1% cap)
NOI $167,499 @ 7.0% cap · market cap 9.57%
Second Best
Industrial
$1.97M
$1.72M – $2.30M (±1% cap)
NOI $137,940 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$7.46M
$6.53M – $8.71M (±1% cap)
NOI $522,470 @ 7.0% cap · market cap 29.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

International Wire Rope ... Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Dental Office Law Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

262
Businesses Nearby
Balanced
Demand for This Use

Market

Properties on Market for Warehouses in Mobile County

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Warehouse - 29,366 SF warehouse with office and fenced yard.
Where is this warehouse located?
The property is located at 1701 Navco Rd Mobile, AL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Total Building Size: 29,366 SF with **large warehouse (27,784 SF)** and office space (1,582 SF); Stabilized and fenced yard on 2.75 acres; Brand new Roof and warehouse lighting**
(251) 209-9000 Call to check price and availability
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