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    5559 Old Shell Rd Mobile, AL 36608

    Sponsored
    For Lease
    $0.83 SF/Yr

    1.39 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.39-acre commercial land parcel presents a unique investment opportunity in Mobile, Alabama. Situated at 5559 Old Shell Road, this single-tenant property boasts a highly visible location between the Post Office and a Subway restaurant, ensuring substantial foot traffic and brand exposure. The lot's strategic placement offers convenient access to the University of South Alabama Commons and Health Building via a rear driveway, further enhancing its appeal. The property's proximity to University Boulevard provides excellent visibility and accessibility. Its zoning is ideal for a quick-service restaurant or other retail establishments seeking a high-traffic location near a major university. The property's APN is 280522200109305X, and it's located in Mobile County, Alabama, with a zip code of 36608. This is a ground lease opportunity. The total land area is 1.39 acres (Lot Size: 1.39 acres). There are no existing buildings on the property. This prime location offers significant potential for growth and return on investment. Consider this exceptional opportunity to establish a thriving business in a vibrant and accessible area.

    Property Features for 5559 Old Shell Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF
    Rate per SF
    $0.83

    HighLights

    • Vacant Land Lease Opportunity: 1.39 Acres
    • Ideal for Retail Development
    • Annual Lease Rate: $50,000
    • Retail Pad Site Available
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -88.1711584
    Latitude
    30.6890411

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    FAQs

    What type of property is this?
    Individual retail property - 1.39 Acres, High-Traffic Location
    Where is this individual retail property located?
    The property is located at 5559 Old Shell Rd Mobile, AL.
    What is the lease rate?
    The lease rate is $0.83 SF/Yr.
    What are key features of this property?
    This property features: Vacant Land Lease Opportunity: 1.39 Acres; Ideal for Retail Development; Annual Lease Rate: $50,000
    Request Owner's contact information
    5559 Old Shell Rd Mobile, AL 36608
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    Mobile, AL 36608
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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
    5559 Old Shell Rd Mobile, AL 36608
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