Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Prime Commercial Property For Sale Title is generated by Realmo AI

    6125 Spice Pond Road, Eight Mile, AL 36613

    View on Map
    Claim this Listing
    For Sale
    $450,000

    2.28 +/- acre commercial property with high visibility.

    Type:Commercial/Industrial
    Lot size:
    2.28 Acres
    Added:
    Sep 20, 2025
    Days on Market:
    253
    Last Refresh:
    Apr 7 at 8:10 pm

    Property Features for 6125 Spice Pond Road

    General Information

    Standard status
    Active
    Lot size
    2.28 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1991

    We can help!

    Listing Contact
    Steve Hickman

    Listing agent Steve Hickman License #128260

    Listing office Keller Williams - Mobile

    Listing date Sep 20, 2025

    Source Exitrealty

    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 Keller Williams - Mobile

    HighLights

    • Prime commercial property with high visibility and easy access
    • 2.28 +/- acre parcel with over 350 ft of road frontage
    • Located in unincorporated Mobile County with no zoning restrictions
    • Ideal location for various businesses (bar, convenience store, restaurant, office, retail)
    • Previously used as a bar and convenience store
    • Year Built: 1991

    Overview

    This 2.28 +/- acre commercial property offers unlimited potential. Featuring over 350 feet of road frontage, the parcel is located in an unincorporated part of Mobile County and has no zoning restrictions. The property benefits from high visibility and easy access, making it suitable for various business ventures. Potential uses include a bar or social club, convenience store, service station, local restaurant, or office space. The site could also be redeveloped into new retail space. Most recently, the property was used as a bar and convenience store. Buyer to verify all information during due diligence.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Eight Mile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1832
    Latitude
    30.812

    Nearby Similar for Sale

    • $425,000
      2,315 SF

      Eight Mile Commercial Opportunity

      2.28-acre commercial property with high visibility and easy access.
      6125 Spice Pond Road, Eight Mile, AL 36613
      View Details
    • $134,900

      Lott Road Land For Sale

      Approximately 11 acres of land on Lott Road.
      5944 Lott Road, Eight Mile, AL 36613
      View Details
    • $595,000

      Sixty Acre Eight Mile Retreat

      60-acre retreat perfect for recreation, horses, or private estate.
      0 Powell Road, Eight Mile, AL 36613
      View Details
    • $249,900
      4,635 SF

      Eight Mile Commercial Investment Opportunity

      Spacious building with roll-up doors and studio apartment.
      6143 Highway 45, Eight Mile, AL 36613
      View Details
    • $130,000

      Land for Recreation and Homestead

      15-acre property ideal for recreation, hunting, or building a homestead.
      0 Spice Pond Road Lot A, Eight Mile, AL 36613
      View Details
    • $511,964
      6,800 SF

      Retail Strip Center For Sale

      Neighborhood retail strip center in high-traffic area with strong visibility.
      4409 Saint Stephens Rd, Eight Mile, AL 36613
      View Details
    • $425,000

      Prime Commercial Property For Sale

      2.28 +/- acre commercial property with high visibility.
      6125 Spice Pond Rd, Eight Mile, AL
      View Details
    • $325,000

      Mobile Home Park Investment Opportunity

      Income-generating mobile home park with expansion potential in Eight Mile.
      4560 W Lott Road, Eight Mile, AL 36613
      View Details
    • $129,999

      Eight Mile Vacant Land Opportunity

      17-acre wooded tract with creek frontage near Mobile, Alabama.
      0 Hwy 45 Tract A, Eight Mile, AL 36613
      View Details
    • $600,000

      Versatile Multi-Use Property on Lott

      Well-maintained property suitable for church, school, event center, business.
      4709 Lott Road, Eight Mile, AL 36613
      View Details
    • $20,000

      Residential Lot in Eight Mile

      0.58-acre lot for single-family home in established subdivision.
      Chandler Ct Unit 22, Eight Mile, AL 36613
      View Details
    • $25,000

      Land with Fruit Trees

      Lot with fruit trees and potential for building.
      5831 Graham Lane, Eight Mile, AL 36613
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.28 +/- acre commercial property with high visibility.
    Where is this commercial land located?
    The property is located at 6125 Spice Pond Road Eight Mile, AL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Prime commercial property with high visibility and easy access; **2.28 +/- acre parcel with over 350 ft of road frontage**; Located in unincorporated Mobile County with no zoning restrictions
    (251) 802-1923
    We can help!
    Listing Contact
    Steve Hickman
    Real Estate License ID: 128260
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6125 Spice Pond Road, Eight Mile, AL 36613
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!