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Restaurant Building with On-Site Parking

732 Saraland Boulevard S, Saraland, AL 36571

For Sale
$675,000

Commercial Sale, Saraland, AL

Property Size2,006 SF
Lot Size0.51 Acres
Price / SF$336.49
Days on Market179

Property Features for 732 Saraland Boulevard S

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-2
Parking 15
Parking features Parking Lot
Window features Insulated Windows
Interior features Restrooms
Lot features Level, Rectangular Lot
View City
Standard status Active
APN 2202102000028001
Size 2,006 SF
Lot size 0.51 Acres

Taxes and HOA fees

Tax Annual Amount 4520

Utilities

Utilities Cable Available
Heating system Central
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1988
Floors in Building 1
Flooring type Tile - Ceramic
Building materials Block
Roof type Flat
Listing Agency: Paul Carter Agency
Listed By: Paul Carter
Added: May 15 Changed: Nov 6 Last Checked: Nov 9 at 2:06PM
MLS# 7771619

Copyright © 2026 Mobile Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 2,006-square-foot restaurant building sits on a 0.506-acre parcel and includes restrooms. Built in 1988, the structure has block construction, ceramic tile flooring, central heating and cooling, and a flat roof. Restaurant equipment is not included in the sale.

The property is on Saraland Boulevard S, along a five-lane highway and across from the Saraland Event Center at Second Avenue. It is zoned B-2 and has a parking lot with approximately 20 spaces. Public water and cable availability are noted for the property.

Key Highlights

  • 2,006‑square‑foot restaurant building on a 0.506‑acre parcel
  • B‑2 zoning
  • Approximately 20 parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,101
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,020 $422.0K
Cap Rate 7%
$301,443 $301.4K
Cap Rate 9%
$234,456 $234.5K
Market Conditions
NOI Build-Up for 2,006 SF
Gross rent
$30.1K $15.00/SF
− Vacancy
−$2.0K −$0.98/SF
EGI
$28.1K $14.03/SF
− OpEx
−$7.0K −$3.51/SF
NOI
$21.1K $10.52/SF
Area
Mobile County, AL
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,020
Cap Rate 7%
$301,443
Cap Rate 9%
$234,456

Alternative Uses

Best Use
Specialty Retail
$301.4K
$263.8K – $351.7K (±1% cap)
NOI $21,101 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$494.2K
$432.5K – $576.6K (±1% cap)
NOI $34,597 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hart's Fried Chicken Restaurant

Suggested Use

Top Pick Law Firm HVAC Service Pharmacy Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

305
Businesses Nearby
94k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 56% Groceries 15% Shops & Services 14% Apparel 11%
Wendy's Dining
14,637 visits/mo 0.1 miles
Piggly Wiggly Groceries
14,111 visits/mo 0.2 miles
Taco Bell Dining
11,624 visits/mo 0.2 miles
Wells Fargo Shops & Services
6,983 visits/mo 0.2 miles
Hardee's Dining
6,116 visits/mo 0.5 miles

Demographics for 36571, AL

16,759
Population
7,755
Households
2.2
Avg Household Size
38
Median Age
24%
College-Educated
91%
High-School Grad
39.3 sq mi
ZIP Area
426
Density / Sq Mi
$61,574
Median Household Income
$47,696
Median Earnings
$1,072
Median Rent
$210,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Conventional restaurants in Mobile County, AL

$191 Jul
$215 Aug
$213 Sep
$195 Oct

Properties on Market for Conventional restaurants in Mobile County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - B-2-zoned restaurant property fronts a five-lane highway across from the Saraland Event Center.
Where is this conventional restaurant located?
The property is located at 732 Saraland Boulevard S Saraland, AL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 2,006‑square‑foot restaurant building on a 0.506‑acre parcel; B‑2 zoning; Approximately 20 parking spaces
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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