Commercial Building on High
458 Dauphin Island Parkway Mobile, AL 36606
458 Dauphin Island Parkway, Mobile, AL, 36606
$299,000
For Sale
$299,000
Commercial building with garage/storage in high-traffic location.
Property Size1,900 SF
Price / SF$157.37
Days on Market331
Property Features for 458 Dauphin Island Parkway
General Information
- Standard status
- Active
- Size
- 1,900 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1926
Listing Agency
Realty Executives Bay Group
(251) 447-4848
Listed by
James Henderson · License #91867-1
(251) 447-4848
Source
Exitrealty
Added: Aug 21, 2025 Checked: Jul 17 at 5:24 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 Realty Executives Bay Group
Investment Insights
Based on property information with market context.
This commercial building, currently operating as a salon, is available for sale. The property is situated on Dauphin Island Parkway in a high-traffic location. The building offers over 1900 square feet of space. A garage or storage area is located behind the building. Ample parking is available.
Key Highlights
- High traffic location on D.I.P.
- Large building with over 1900 sq ft.
- Plenty of parking.
Local Financial Insights For Retail
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 | $37.6k | $19.80 |
| − Vacancy | −$1.7k | −$0.89 |
| EGI | $35.9k | $18.91 |
| − OpEx | −$10.8k | −$5.67 |
| NOI | $25.1k | $13.24 |
1,900 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$359.3K
$314.4K – $419.2K
NOI $25,149 @ 7.0% cap · market cap 8.41%
Second Best
Warehouse
$154.8K
$135.5K – $180.6K
NOI $10,837 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$482.9K
$422.6K – $563.4K
NOI $33,804 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Salon De Renee
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Commercial building with garage/storage in high-traffic location.
Where is this retail space located?
The property is located at 458 Dauphin Island Parkway Mobile, AL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: High traffic location on D.I.P.; Large building with over 1900 sq ft.; Plenty of parking.