Two-Lot Commercial
For Sale
$650,000
3755 Moffett Rd, Mobile, AL 36618
Adjacent parcels on Moffett Road are identified for potential commercial development, including drive-through restaurant, storage, retail, or warehouse uses.
Property Size1,865 SF
Price / SF$348.53
Days on Market159
Property Features for 3755 Moffett Rd
General Information
Standard status
Active
Size
1,865 SF
Property subtype
Commercial
Building Details
Year Built
1992
Listing Agency:
Wellhouse Real Estate
Listed By:
Casey Sisianu · License #148251-1
(251) 752-5211
Source:
Gulfcoasthomesalabama
Added: May 23
Changed: Oct 25
Last Checked: Oct 28 at 8:28AM
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 Wellhouse Real Estate
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Investment Insights
Based on property information with market context.
This commercial land offering combines two adjoining lots at 3755 and 3751 Moffett Road in Mobile. The parcels total approximately 0.93–1.0 acre. Uses identified for potential development include a full-service fast-food drive-through, storage units, a shopping strip, or a warehouse.
The property is situated on Moffett Road. Buyers are to verify all information during due diligence.
The property is situated on Moffett Road. Buyers are to verify all information during due diligence.
Key Highlights
- Two side‑by‑side commercial lots totaling approximately 0.93–1.0 acre
- Located at 3755 and 3751 Moffett Road in Mobile
- Potential uses include a full‑service fast‑food drive‑through, storage units, retail strip, or warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,199
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,980
$564.0K
Cap Rate 7%
$402,843
$402.8K
Cap Rate 9%
$313,322
$313.3K
Market Conditions
NOI Build-Up for 1,865 SF
Gross rent
$39.2K $21.00/SF
− Vacancy
−$1.6K −$0.84/SF
EGI
$37.6K $20.16/SF
− OpEx
−$9.4K −$5.04/SF
NOI
$28.2K $15.12/SF
Area
Mobile, AL
Vacancy
4.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,980
Cap Rate 7%
$402,843
Cap Rate 9%
$313,322
Alternative Uses
Best Use
Specialty Retail
$402.8K
$352.5K – $470.0K
NOI $28,199 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$474.0K
$414.8K – $553.0K
NOI $33,181 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
393
Businesses Nearby
Explore this area
Business Placement
Demographics for 36618, AL
17,425
Population
7,313
Households
2.4
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
15.9 sq mi
ZIP Area
1,096
Density / Sq Mi
$59,075
Median Household Income
$35,037
Median Earnings
$1,102
Median Rent
$155,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - Adjacent parcels on Moffett Road are identified for potential commercial development, including drive-through restaurant, storage, retail, or warehouse uses.
Where is this commercial land located?
The property is located at 3755 Moffett Rd Mobile, AL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two side‑by‑side commercial lots totaling approximately 0.93–1.0 acre; Located at 3755 and 3751 Moffett Road in Mobile; Potential uses include a full‑service fast‑food drive‑through, storage units, retail strip, or warehouse
