Retail Building on Cottage
3317 Cottage Hill Rd Mobile, AL
3317 Cottage Hill Rd, Mobile, AL, 00000
Contact for pricing
For Sale
Contact for pricing
Retail property for sale with high traffic and visibility.
Property Size1,600 SF
Lot Size0.35 Acres
Price / SF$246.88
Days on Market415
Property Features for 3317 Cottage Hill Rd
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Lot size
- 0.35 Acres
- Property subtype
- RETAIL
Listing Agency
CRE Mobile
(601) 941-1533
Listed by
Leigh Rendfrey · License #0001126640
(601) 941-1533
Source
Moodyscre
Added: May 28, 2025 Checked: Jul 15 at 11:20 pm
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 CRE Mobile
Investment Insights
Based on property information with market context.
This retail property features a 1,600-square-foot building situated on a 0.53-acre parcel. The zoning is B-3, Community Business. Pylon signage is available. The location benefits from high traffic counts on Cottage Hill Road, with 27,897 cars per day recorded in 2023. The property is less than 2 miles from I-65, accessible via Airport Boulevard and Government Street. The surrounding area has a strong daytime population, with over 15,000 people within a 1-mile radius.
Key Highlights
- High traffic counts (27,897 CPD) on Cottage Hill Road.
- Favorable zoning (B‑3, Community Business).
- Convenient access to I‑65 (less than 2 miles).
Local Financial Insights For Retail
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 | $31.7k | $19.80 |
| − Vacancy | −$1.4k | −$0.89 |
| EGI | $30.3k | $18.91 |
| − OpEx | −$9.1k | −$5.67 |
| NOI | $21.2k | $13.24 |
1,600 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$302.5K
$264.7K – $353.0K
NOI $21,178 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$406.7K
$355.8K – $474.5K
NOI $28,467 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Retail property for sale with high traffic and visibility.
Where is this storefront property located?
The property is located at 3317 Cottage Hill Rd Mobile, AL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: High traffic counts (27,897 CPD) on Cottage Hill Road.; Favorable zoning (B‑3, Community Business).; Convenient access to I‑65 (less than 2 miles).
