Office Warehouse Flex
For Sale
Contact for pricing
7970 Tanner Williams Rd, Mobile, AL 36608
Flex building with approximately 2,300 SF of office space and 1,800 SF of warehouse space.
Property Size2,300 SF
Price / SF$171.74
Days on Market94
Property Features for 7970 Tanner Williams Rd
General Information
Standard status
Active
Size
2,300 SF
Property subtype
OFFICE
Listing Agency:
White-Spunner Realty LLC Mobile
(251) 379-0132
Listed By:
Laura Davison · License #000073191
(251) 379-0132
Source:
Moodyscre
Added: Apr 28
Changed: Jul 28
Last Checked: Jul 29 at 2:18PM
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 White-Spunner Realty LLC Mobile
Investment Insights
Based on property information with market context.
+/-2,300 SF office building with +/-1,800 SF warehouse space, configured as a single flex-style property combining work space and storage.
The property is offered for sale and is located at 7970 Tanner Williams Rd in Mobile, Alabama.
The property is offered for sale and is located at 7970 Tanner Williams Rd in Mobile, Alabama.
Key Highlights
- ±2,300 SF office building with ±1,800 SF warehouse space
- Flex layout includes approximately 2,300 SF of office and 1,800 SF of warehouse
Financial Insights For Office B
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 | $51.1k | $22.20 |
| − Vacancy | −$8.4k | −$3.66 |
| EGI | $42.6k | $18.54 |
| − OpEx | −$10.7k | −$4.63 |
| NOI | $32.0k | $13.90 |
2,300 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$456.8K
$399.7K – $532.9K
NOI $31,976 @ 7.0% cap · market cap 8.10%
Second Best
Warehouse
$187.4K
$164.0K – $218.7K
NOI $13,119 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$584.6K
$511.5K – $682.0K
NOI $40,921 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36608, AL
39,782
Population
17,690
Households
2.2
Avg Household Size
34
Median Age
42%
College-Educated
93%
High-School Grad
65.1 sq mi
ZIP Area
611
Density / Sq Mi
$64,372
Median Household Income
$37,530
Median Earnings
$1,045
Median Rent
$234,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Clean Eatz — 7335 Airport Blvd, Mobile, AL 36608
Frequently Asked Questions
What type of property is this?
Flex space - Flex building with approximately 2,300 SF of office space and 1,800 SF of warehouse space.
Where is this flex space located?
The property is located at 7970 Tanner Williams Rd Mobile, AL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: ±2,300 SF office building with ±1,800 SF warehouse space; Flex layout includes approximately 2,300 SF of office and 1,800 SF of warehouse
