Technical
Financial
Distress signals
Property profile

3382 Battleship Pkwy Spanish Fort, AL 36527

OFF-MARKET
Turn key restaurants
Property ID
US03-0146335
6,144 SF 2.82 ac lot Built 1986
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2.82-acre commercial property enjoys a prime waterfront location on Mobile Bay, directly accessible from the Mobile Bay Causeway. Previously utilized as a restaurant, this site presents a unique redevelopment opportunity. Its strategic position offers immediate access to Highway 98 and convenient access to Interstate 10, ensuring excellent connectivity to both Mobile and the Eastern Shore. The land is zoned for commercial use, making it ideal for a variety of ventures. The expansive lot size provides ample space for new construction or significant renovations. Given its waterfront location and high visibility, this property is well-suited for businesses seeking a prominent presence in a thriving coastal community. The existing infrastructure offers a solid foundation for future development, minimizing initial investment costs. This is a rare opportunity to acquire a significant piece of waterfront real estate in a highly desirable location with excellent access to major transportation arteries. The land is priced at $0/SF, reflecting the significant potential for development and return on investment. The property's address is 3382 Battleship Pkwy, Spanish Fort, Alabama, 36527.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1986
Total area 6,144 SF
Lot 2.82 ac (122,839 SF)
APN 31-08-27-0-000-008.001
UPID US03-0146335

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3382 Battleship Pkwy Spanish Fort, AL 36527-9332
Spanish Fort metro Census 10707 DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2017
2 recorded transactions
2017
$7.0M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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