Industrial Investment Near I-10,
For Sale
$3,048,700
4070 Halls Mill Rd, Mobile, AL 36693
27,000 SF industrial property with long-term national credit tenant.
Property Size27,000 SF
Price / SF$112.91
Days on Market329
Property Features for 4070 Halls Mill Rd
General Information
Standard status
Active
Size
27,000 SF
Property subtype
Industrial
Building Details
Building Size
27,000 SF
Year Built
1991
Listing Agency:
SVN | Southland Commercial Real Estate
Listed By:
Michael Carro, CCIM · License #FL #BK3179263
(850) 380-3344
Source:
Svn
Added: Nov 21, 2025
Changed: Oct 6
Last Checked: Oct 16 at 6:27AM
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 SVN | Southland Commercial Real Estate
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Investment Insights
Based on property information with market context.
This single-tenant net lease industrial investment features 27,000 square feet, including 3,100 square feet of office space. The property is located near I-10 and I-65, in the heart of Mobile’s thriving industrial corridor. It is leased to a national credit tenant, Core & Main Fire Protection, a distributor of water, sewer, and fire protection products. The property is situated in Mobile, AL's prime industrial area, offering close proximity to the I-10 and I-65 interstate corridors. The building includes a large 3,100 square foot office space and a fully equipped kitchenette. It features four dock-high doors and one grade-level access point, along with a 20-foot eave height. The property is equipped with 3-phase power at 600 amps.
Key Highlights
- Long‑term lease with National Credit Tenant, Core & Main Fire Protection
- Located in Mobile, AL's prime industrial area near I‑10 and I‑65
- 27,000 SF industrial space with 3,100 SF of office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$154,004
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,080,080
$3.1M
Cap Rate 7%
$2,200,057
$2.2M
Cap Rate 9%
$1,711,156
$1.7M
Market Conditions
NOI Build-Up for 27,000 SF
Gross rent
$194.4K $7.20/SF
− Vacancy
−$13.2K −$0.49/SF
EGI
$181.2K $6.71/SF
− OpEx
−$27.2K −$1.01/SF
NOI
$154.0K $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%
$3,080,080
Cap Rate 7%
$2,200,057
Cap Rate 9%
$1,711,156
Alternative Uses
Best Use
Warehouse
$2.20M
$1.93M – $2.57M
NOI $154,004 @ 7.0% cap · market cap 5.05%
Second Best
Industrial
$1.81M
$1.59M – $2.11M
NOI $126,827 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$6.86M
$6.00M – $8.01M
NOI $480,375 @ 7.0% cap · market cap 15.76%
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
241
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36693, AL
18,914
Population
8,833
Households
2.1
Avg Household Size
43
Median Age
40%
College-Educated
96%
High-School Grad
12.7 sq mi
ZIP Area
1,489
Density / Sq Mi
$69,580
Median Household Income
$41,328
Median Earnings
$1,090
Median Rent
$199,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Security Stor-All — 4175 Government Blvd, Mobile, AL 36693
- Attic Mini Storage — 3668 Halls Mill Rd, Mobile, AL 36693
Frequently Asked Questions
What type of property is this?
Warehouse - 27,000 SF industrial property with long-term national credit tenant.
Where is this warehouse located?
The property is located at 4070 Halls Mill Rd Mobile, AL.
What is the asking price?
The asking price for this property is $3,048,700.
What are key features of this property?
This property features: Long‑term lease with National Credit Tenant, Core & Main Fire Protection; Located in Mobile, AL's prime industrial area near I‑10 and I‑65; 27,000 SF industrial space with 3,100 SF of office space
