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Versatile Commercial Property For Sale

500 Broadcast Dr, Mobile, AL 36606

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For Sale

$1,590,000

8,274 SF office and warehouse space in thriving business district.

Property size:

8,274 SF

Lot size:

5.82 Acres

Price / SF:

$192/SF

HighLights

Prime location in a thriving business district with easy access to major transportation routes.
Versatile property with 8,274 square feet of space suitable for various business needs.
Combines modern office space with practical warehouse/storage facilities.
Includes a spacious warehouse/storage facility with a loading area.
Flexible floor plan with office space, meeting rooms, and dedicated warehouse areas.
Features a reception area, private offices, kitchen, and well‑maintained restrooms.

We can help!

Listing Contact

Michael Mergell

For Sale

$1,590,000

8,274 SF office and warehouse space in thriving business district.

Property size:

8,274 SF

Lot size:

5.82 Acres

Price / SF:

$192/SF

Added:: Dec 2, 2025
Days on Market:: 192
Last Refresh:: Jan 20 at 10:57 am

Property Features for 500 Broadcast Dr

General Information

Standard status: Active
Size: 8,274 SF
Lot size: 5.82 Acres

We can help!

Listing Contact

Michael Mergell

Listing agent Michael Mergell

Listing office lpt realty llc

Listing date Dec 2, 2025

Source Exprealty

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 lpt realty llc

HighLights

Prime location in a thriving business district with easy access to major transportation routes.
Versatile property with 8,274 square feet of space suitable for various business needs.
Combines modern office space with practical warehouse/storage facilities.
Includes a spacious warehouse/storage facility with a loading area.
Flexible floor plan with office space, meeting rooms, and dedicated warehouse areas.
Features a reception area, private offices, kitchen, and well‑maintained restrooms.

Overview

This commercial property, located in a thriving business district, offers 8,274 square feet of space, blending modern workspace with practical warehouse facilities. The flexible floor plan is designed to accommodate various business needs, including office space, meeting rooms, and dedicated warehouse or storage areas. It is equipped with a spacious warehouse or storage facility, complete with a loading area for convenient logistics operations. The property features a reception area, multiple private offices, a kitchen for staff convenience, and well-maintained restrooms. Situated in a prime area, this property enjoys easy access to major transportation routes and is surrounded by a vibrant commercial community.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$183.7k	$22.20
− Vacancy	−$30.3k	−$3.66
EGI	$153.4k	$18.54
− OpEx	−$38.3k	−$4.63
NOI	$115.0k	$13.90

8,274 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.64M

$1.44M – $1.92M (±1% cap)

NOI $115,031 @ 7.0% cap · market cap 7.23%

Second Best

Warehouse

$674.2K

$589.9K – $786.6K (±1% cap)

NOI $47,194 @ 7.0% cap · market cap 2.97%

Theoretical Best

Office A

$2.10M

$1.84M – $2.45M (±1% cap)

NOI $147,208 @ 7.0% cap · market cap 9.26%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

iSAM North America ... Engineering Consultant

Suggested Use

Location Insight

Map
Local Demand

City: Mobile
County: Mobile
State: Alabama
Longitude: -88.1163
Latitude: 30.6725

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For sale
Flex space
AL
Mobile
36606
500 Broadcast Dr

What type of property is this?

Flex space - 8,274 SF office and warehouse space in thriving business district.

Where is this flex space located?

The property is located at 500 Broadcast Dr Mobile, AL.

What is the asking price?

The asking price for this property is $1,590,000.

What are key features of this property?

This property features: Prime location in a thriving business district with easy access to major transportation routes.; Versatile property with 8,274 square feet of space suitable for various business needs.; Combines modern office space with practical warehouse/storage facilities.