Flex Warehouse with Office
3755 Government Blvd Mobile, AL 36693
3755 Government Blvd, Mobile, AL, 36693
Contact for pricing
For Sale
Contact for pricing
Main building offers office/showroom and shop space, complemented by a separate warehouse totaling 11,700+ and 5,000+ sf.
Property Size16,700 SF
Price / SF$65.87
Days on Market258
Property Features for 3755 Government Blvd
General Information
- Standard status
- Active
- Size
- 16,700 SF
- Property subtype
- RETAIL
Listing agency
Metcalfe & Company, Inc.
(251) 610-0069
Listed by
Adam J. Metcalfe · License #000024789
(251) 610-0069
Source
Moodyscre
Added: Nov 5, 2025 Updated: Jul 21 at 1:14AM Checked: Jul 21 at 4:49AM
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 Metcalfe & Company, Inc.
Investment Insights
Based on property information with market context.
This flex-style commercial property includes a main building totaling 11,700+/- sf, with 7,000+/- sf dedicated to office/showroom space and 4,700+/- sf configured as shop area. A separate warehouse building totals 5,000+/- sf, providing additional enclosed operational space.
The property is located at 3755 Government Blvd in Mobile, AL 36693, and is offered for sale.
With a split between office/showroom and shop use in the main building, along with a dedicated warehouse, the layout is well-suited for businesses that need both customer-facing or administrative space and on-site storage or production/operations.
The property is located at 3755 Government Blvd in Mobile, AL 36693, and is offered for sale.
With a split between office/showroom and shop use in the main building, along with a dedicated warehouse, the layout is well-suited for businesses that need both customer-facing or administrative space and on-site storage or production/operations.
Key Highlights
- Main building totals 11,700+/- sf: 7,000+/- sf office/showroom and 4,700+/- sf shop area
- Separate warehouse totals 5,000+/- sf
- Lease rate: main building at $6.00 psf and warehouse at $7.20 psf
Local Financial Insights For Warehouse
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 | $120.2k | $7.20 |
| − Vacancy | −$8.2k | −$0.49 |
| EGI | $112.1k | $6.71 |
| − OpEx | −$16.8k | −$1.01 |
| NOI | $95.3k | $5.70 |
16,700 SF · lease $7.20/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.32M
$2.90M – $3.87M
NOI $232,176 @ 7.0% cap · market cap 21.11%
Second Best
Warehouse
$1.36M
$1.19M – $1.59M
NOI $95,254 @ 7.0% cap · market cap 8.66%
Theoretical Best
Office A
$4.24M
$3.71M – $4.95M
NOI $297,121 @ 7.0% cap · market cap 27.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Halls Motorsports Honda ...
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- Thymes Eatery and Catering — 3550 Government Blvd, Mobile, AL 36693, United States
- Divine Etiquette Catering & Events — 3900 Cottage Hill Rd, Mobile, AL 36609
- Firehouse Subs McGowan Park — 3075 Government Blvd B105, Mobile, AL 36606
FAQs
What type of property is this?
Flex space - Main building offers office/showroom and shop space, complemented by a separate warehouse totaling 11,700+ and 5,000+ sf.
Where is this flex space located?
The property is located at 3755 Government Blvd Mobile, AL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Main building totals 11,700+/- sf: 7,000+/- sf office/showroom and 4,700+/- sf shop area; Separate warehouse totals 5,000+/- sf; Lease rate: main building at $6.00 psf and warehouse at $7.20 psf
