Schillinger Road Commercial
751 Schillinger N Road Mobile, AL 36608
751 Schillinger N Road, Mobile, AL, 36608
$1,575,000
For Sale
$1,575,000
5.66+/- acres with a 4,358 SF building for sale.
Property Size4,358 SF
Lot Size5.66 Acres
Price / SF$361.40
Days on Market180
Property Features for 751 Schillinger N Road
General Information
- Standard status
- Active
- Size
- 4,358 SF
- Lot size
- 5.66 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2014
Listing Agency
Ty Irby Realty & Development
(251) 402-2143
Listed by
Cynthia Byrd · License #40705
(251) 402-2143
Source
Exitrealty
Added: Jan 18 Checked: Jul 10 at 3:55 pm
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 Ty Irby Realty & Development
Investment Insights
Based on property information with market context.
This property features approximately 5.66 acres of land on Schillinger Road, suitable for various business ventures. A building of approximately 4,358 square feet is situated on the premises, including a garage area and offices. Constructed around 2014, the property has been previously utilized as a car dealership. Paved parking is available, measuring approximately 300x275. Water is accessible on-site, and sewer access is nearby, although verification of sewer pricing and availability is required to accommodate specific business needs. An additional 4.37 acres are available with a 25' access off Schillinger Road.
Key Highlights
- Large 5.66+/- acre lot suitable for various business ventures.
- Existing 4,358 sq ft building with garage and office space.
- Paved parking area (300x275).
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.5k | $21.00 |
| − Vacancy | −$3.7k | −$0.84 |
| EGI | $87.9k | $20.16 |
| − OpEx | −$22.0k | −$5.04 |
| NOI | $65.9k | $15.12 |
4,358 SF · lease $21.00/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$941.3K
$823.7K – $1.10M
NOI $65,893 @ 7.0% cap · market cap 4.18%
Second Best
Retail
$824.1K
$721.1K – $961.4K
NOI $57,684 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$1.11M
$969.2K – $1.29M
NOI $77,536 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto Net Mobile ...
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Car wash - 5.66+/- acres with a 4,358 SF building for sale.
Where is this car wash located?
The property is located at 751 Schillinger N Road Mobile, AL.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Large 5.66+/- acre lot suitable for various business ventures.; Existing 4,358 sq ft building with garage and office space.; Paved parking area (300x275).
