Flexible Warehouse
For Sale
$585,000
Pending
5725 Jarrett Road, Eight Mile, AL 36613
Open-plan commercial building with a kitchen, attic office, storage outbuilding, and unrestricted land.
Property Size5,000 SF
Days on Market257
Property Features for 5725 Jarrett Road
General Information
Standard status
Pending
Size
5,000 SF
Property subtype
Commercial/Industrial
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$5,688
Amenities
full kitchen
attic-level office room
Building Details
Year Built
2008
Buildings
2
Listing Agency:
Crescent Sotheby's Intl Rty-FH
(251) 929-4777
Listed By:
Kenley Cutts · License #160252
(251) 656-3635
Source:
Exitrealty
Added: Jan 30
Changed: Oct 11
Last Checked: Oct 12 at 6:12PM
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 Crescent Sotheby's Intl Rty-FH
Investment Insights
Based on property information with market context.
Built in 2008, the approximately 5,000-square-foot flex space occupies just over six acres of unrestricted land. The main building offers an open interior with antique chandeliers, dark waxed floors, an attic-level office room, and a full kitchen equipped with an icemaker, refrigerator, industrial sink, and three below-ground grease traps. A detached storage outbuilding adds functional support space.
The property is situated on Jarrett Road with immediate access to Moffett Road and University Boulevard. Magnolia Grove Golf Course is nearby, and Saraland is within convenient reach. The acreage provides room for outdoor use, additional structures, expansion, or redevelopment and subdivision. The building and land are being sold as-is; the existing business will not transfer.
The property is situated on Jarrett Road with immediate access to Moffett Road and University Boulevard. Magnolia Grove Golf Course is nearby, and Saraland is within convenient reach. The acreage provides room for outdoor use, additional structures, expansion, or redevelopment and subdivision. The building and land are being sold as-is; the existing business will not transfer.
Key Highlights
- Approximately 5,000± square‑foot warehouse‑style building on just over six acres
- Unrestricted land with potential for expansion, outdoor use, additional structures, or subdivision
- Open floor plan with antique chandeliers and dark waxed floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,016
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,320
$580.3K
Cap Rate 7%
$414,514
$414.5K
Cap Rate 9%
$322,400
$322.4K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$48.0K $9.60/SF
− Vacancy
−$3.4K −$0.67/SF
EGI
$44.6K $8.93/SF
− OpEx
−$15.6K −$3.12/SF
NOI
$29.0K $5.80/SF
Area
Mobile County, AL
Vacancy
7.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,320
Cap Rate 7%
$414,514
Cap Rate 9%
$322,400
Alternative Uses
Best Use
Flex RnD
$414.5K
$362.7K – $483.6K
NOI $29,016 @ 7.0% cap · market cap 4.96%
Second Best
Warehouse
$407.4K
$356.5K – $475.3K
NOI $28,519 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,234 @ 7.0% cap · market cap 14.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36613, AL
12,383
Population
4,890
Households
2.5
Avg Household Size
43
Median Age
15%
College-Educated
83%
High-School Grad
52.0 sq mi
ZIP Area
238
Density / Sq Mi
$49,317
Median Household Income
$35,509
Median Earnings
$1,233
Median Rent
$145,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Open-plan commercial building with a kitchen, attic office, storage outbuilding, and unrestricted land.
Where is this flex space located?
The property is located at 5725 Jarrett Road Eight Mile, AL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Approximately 5,000± square‑foot warehouse‑style building on just over six acres; Unrestricted land with potential for expansion, outdoor use, additional structures, or subdivision; Open floor plan with antique chandeliers and dark waxed floors
