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Climate-Controlled Flex Building
For Sale
$325,000

2751 Halls Mill Road, Mobile, AL 36606

Commercial Sale, Mobile, AL

Property Size3,200 SF
Lot Size0.72 Acres
Price / SF$101.56
Days on Market96

Property Features for 2751 Halls Mill Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-2
Parking 15
Parking features Parking Lot
Interior features High Ceilings 10 or Greater, Reception Area, Restrooms
Fencing Chain Link
Accessibility Accessible Approach with Ramp
Lot features Business Park
View City
Standard status Active
APN 2909510011187
Size 3,200 SF
Lot size 0.72 Acres

Taxes and HOA fees

Tax Annual Amount 2300

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1980
Floors in Building 1
Flooring type Carpet, Laminate, Tile - Ceramic
Building materials Brick
Roof type Metal
Additional Structures Other
Buildings 1
Listing Agency: Roberts Brothers West · Berkshire Hathaway HomeServices
Listed By: Shajeariann Brandon
Added: Jul 27 Changed: Oct 28 Last Checked: Oct 30 at 2:06AM
MLS# 7811210

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This climate-controlled flex property combines office and warehouse areas within a commercial building designed for varied operational needs. Interior features include a reception area, restrooms, ceramic tile, carpet, laminate flooring, and ceilings measuring 10 feet or greater. Central heating and central air support year-round use, while a roll-up overhead door and covered loading/work area accommodate movement of materials and equipment.

The chain-link-fenced site provides approximately 152 feet of frontage on Halls Mill Road, with a parking lot and accessible approach ramp. B-2 zoning supports a range of commercial applications, subject to verification of the intended use. Public water and public sewer serve the property. The location offers access to Interstate 10, Interstate 65, downtown Mobile, and surrounding commercial and industrial corridors.

Key Highlights

  • B‑2 zoning with office and warehouse configuration
  • Approximately 152 feet of frontage on Halls Mill Road
  • Climate‑controlled building with central heating and central air

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,252
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,040 $365.0K
Cap Rate 7%
$260,743 $260.7K
Cap Rate 9%
$202,800 $202.8K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$23.0K $7.20/SF
− Vacancy
−$1.6K −$0.49/SF
EGI
$21.5K $6.71/SF
− OpEx
−$3.2K −$1.01/SF
NOI
$18.3K $5.70/SF
Area
Mobile, AL
Vacancy
6.80%
Lease Rate
$7.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,040
Cap Rate 7%
$260,743
Cap Rate 9%
$202,800

Alternative Uses

Best Use
Warehouse
$260.7K
$228.2K – $304.2K (±1% cap)
NOI $18,252 @ 7.0% cap · market cap 5.62%
Second Best
Flex RnD
$229.6K
$200.9K – $267.9K (±1% cap)
NOI $16,074 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$813.3K
$711.7K – $948.9K (±1% cap)
NOI $56,933 @ 7.0% cap · market cap 17.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Cornerstone Building Center Construction Company Homes-R-Us Construction Company

Suggested Use

Top Pick Real Estate Agency Restaurant Parking Lot & Garage Spa & Massage Center Gym & Fitness Center Dental Office

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

Lease Details

Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

263
Businesses Nearby
Under-served
Demand for This Use

Demographics for 36606, AL

19,042
Population
9,129
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
89%
High-School Grad
6.8 sq mi
ZIP Area
2,800
Density / Sq Mi
$49,561
Median Household Income
$37,094
Median Earnings
$938
Median Rent
$141,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Similar Off Market Nearby

  • Firehouse Subs McGowan Park — 3075 Government Blvd B105, Mobile, AL 36606

Frequently Asked Questions

What type of property is this?
Flex space - Adaptable office and warehouse space with a fenced lot, loading area, and direct access to major Mobile transportation routes.
Where is this flex space located?
The property is located at 2751 Halls Mill Road Mobile, AL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: B‑2 zoning with office and warehouse configuration; Approximately 152 feet of frontage on Halls Mill Road; Climate‑controlled building with central heating and central air
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