Industrial Investment Near I-10,
4070 Halls Mill Rd Mobile, AL 36693
4070 Halls Mill Rd, Mobile, AL, 36693
$3,048,700
For Sale
$3,048,700
27,000 SF industrial property with long-term national credit tenant.
Property Size27,000 SF
Price / SF$112.91
Days on Market238
Property Features for 4070 Halls Mill Rd
General Information
- Standard status
- Active
- Size
- 27,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1991
Listing Agency
SVN | Southland Commercial Real Estate
(850) 380-3344
Listed by
Michael Carro, CCIM · License #FL #BK3179263
(850) 380-3344
Source
Svn
Added: Nov 21, 2025 Checked: Jul 17 at 3:33 am
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
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
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 | $194.4k | $7.20 |
| − Vacancy | −$13.2k | −$0.49 |
| EGI | $181.2k | $6.71 |
| − OpEx | −$27.2k | −$1.01 |
| NOI | $154.0k | $5.70 |
27,000 SF · lease $7.20/SF/yr · vacancy 6.80% · expense 15.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Core & Main Fire ...
Production Facility
Industrial Rental & Equipment
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Public Storage — 4253 Government Blvd, Mobile, AL 36693
- Security Stor-All — 4175 Government Blvd, Mobile, AL 36693
- Attic Mini Storage — 3668 Halls Mill Rd, Mobile, AL 36693
FAQs
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
