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    2502 Schillinger Rd Mobile, AL 36695

    For Lease
    $2.00 SF/Yr ($12,065 /Mo)

    Mobile, AL Retail Space Available

    Lot size:
    72,391 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Schillinger Place Shopping Center, located at 2502 Schillinger Rd S in Mobile, Alabama (zip code 36695), presents a prime retail opportunity. This Class B, 72,391 square foot neighborhood center, built in 1997 and renovated in 2023, sits on a 12.098-acre lot at the southwest corner of Schillinger and Cottage Hill Roads. The property boasts 384 parking spaces and excellent visibility from both major thoroughfares. Currently, 21,454 square feet of space is available, divisible to a minimum of 21,454 square feet, with a maximum contiguous space of 21,454 square feet. This space features 90 feet of frontage, a loading area, dock, and multi-stall restrooms, resulting from the division of a former Winn-Dixie. The center is anchored by CLUB4 Fitness and benefits from three entrances accessible from both Schillinger and Cottage Hill Roads. Recent upgrades include LED lighting and a fresh color scheme. The property is zoned B3 and has an APN of 3401014000002.011. A 10,000 square foot pad site is also available to the north, with build-to-suit options for qualified tenants. The 1-mile demographic boasts an average annual income of $86,000, and traffic counts on both Cottage Hill and Schillinger Roads exceed 35,000 vehicles. This is a high-traffic, high-visibility location ideal for a variety of retail uses.

    Property Features for 2502 Schillinger Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    72,391 SF
    Class
    B
    Total Rate
    12065.17

    Building Details

    Year Built/Renovated
    1997/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Anchor B
    Size
    21,454 SF
    Rate per SF
    $9
    Space
    Available Pad
    Size
    10,000 SF
    Rate per SF
    $3

    HighLights

    • Open floor plan.
    • Multiple‑stall restrooms.
    • On‑site manager's office.
    • Dedicated conference room.
    • Dock‑high loading capabilities.
    • Ample dock staging area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CLUB4 Fitness Schillinger Gym Bella Vita Beauty ... Nail Salon west mobile liquor Liquor Store Vitalife Vitamins & Supplements Vitamin & Supplements Store Express Portable Toilet ... Portable Building Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.22504797
    Latitude
    30.63844687

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    FAQs

    What type of property is this?
    Neighborhood center - Mobile, AL Retail Space Available
    Where is this neighborhood center located?
    The property is located at 2502 Schillinger Rd Mobile, AL.
    What is the lease rate?
    The lease rate is $3-$9 SF/Yr.
    What are key features of this property?
    This property features: Open floor plan.; Multiple-stall restrooms.; On-site manager's office.
    Request Owner's contact information
    2502 Schillinger Rd Mobile, AL 36695
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    Realmo Value Estimation

    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.

    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.

    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
    2502 Schillinger Rd Mobile, AL 36695
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