Flex Space with Full
For Sale
$585,000
Pending
5725 Jarrett Rd, Mobile, AL 36613
Open-plan commercial building on unrestricted acreage with kitchen infrastructure and a detached storage outbuilding.
Property Size5,000 SF
Days on Market305
Property Features for 5725 Jarrett Rd
General Information
Standard status
Pending
Size
5,000 SF
Additional Details
Road Access
Yes
Land Use
event venue
Taxes and HOA fees
Annual Taxes
$5,688
Amenities
detached storage outbuilding
Building Details
Buildings
2
Listing Agency:
Crescent Sotheby's Intl Rty-FH
(251) 929-4777
Listed By:
Kenley Cutts · License #160252
(251) 656-3635
Source:
Exprealty
Added: Jan 3
Changed: Oct 27
Last Checked: Nov 3 at 9:37AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This approximately 5,000± square-foot flex building sits on just over six acres and is currently configured as an event venue. The open interior includes antique chandeliers, dark waxed floors, an attic-level office room, and a full kitchen with an icemaker, refrigerator, industrial sink, and three below-ground grease traps. A detached 24' x 12' storage outbuilding adds auxiliary utility.
The property has no zoning restrictions and is positioned on a quiet road with immediate access to Moffett Rd and University Blvd. Magnolia Grove Golf Course is nearby, with the city of Saraland also within close proximity. The existing business does not convey; the sale includes the building and land only, in AS IS condition.
The property has no zoning restrictions and is positioned on a quiet road with immediate access to Moffett Rd and University Blvd. Magnolia Grove Golf Course is nearby, with the city of Saraland also within close proximity. The existing business does not convey; the sale includes the building and land only, in AS IS condition.
Key Highlights
- 5,000± square‑foot warehouse‑style building on just over six acres
- No zoning restrictions stated for the property
- Open floor plan with antique chandeliers and dark waxed floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,519
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,380
$570.4K
Cap Rate 7%
$407,414
$407.4K
Cap Rate 9%
$316,878
$316.9K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$36.0K $7.20/SF
− Vacancy
−$2.4K −$0.49/SF
EGI
$33.6K $6.71/SF
− OpEx
−$5.0K −$1.01/SF
NOI
$28.5K $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%
$570,380
Cap Rate 7%
$407,414
Cap Rate 9%
$316,878
Alternative Uses
Best Use
Warehouse
$407.4K
$356.5K – $475.3K
NOI $28,519 @ 7.0% cap · market cap 4.88%
Second Best
Flex RnD
$358.8K
$314.0K – $418.6K
NOI $25,116 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,958 @ 7.0% cap · market cap 15.21%
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
Frequently Asked Questions
What type of property is this?
Flex space - Open-plan commercial building on unrestricted acreage with kitchen infrastructure and a detached storage outbuilding.
Where is this flex space located?
The property is located at 5725 Jarrett Rd Mobile, 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: 5,000± square‑foot warehouse‑style building on just over six acres; No zoning restrictions stated for the property; Open floor plan with antique chandeliers and dark waxed floors
