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    6819 Old Shell Rd Mobile, AL 36608

    Sponsored
    For Sale
    $4,950,000

    5.2 Acres, 48,000 SF, Motivated Seller

    Property size:
    48,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.2-acre commercial property in Mobile, Alabama, presents a unique redevelopment opportunity. Located at 6819 Old Shell Rd, adjacent to the University of South Alabama (USA) campus and its newly constructed sports complex, this site boasts 1450 feet of paved street frontage on three sides (Old Shell Rd, Foreman Rd, and Dickens Ferry Rd). The property includes four buildings totaling 48,000 square feet, currently vacant, with a previous appraisal of $4,859,595 (2020). Building improvements include a 21,996 sq ft sanctuary/classroom building, a 20,000 sq ft office/gym area, a 2,494 sq ft parsonage, and a 720 sq ft workshop. The property's prime location near USA, a major employer in South Alabama, and its significant street frontage make it ideal for a variety of uses, including hotel, medical complex, educational facilities, commercial/retail, mixed-use development, or other university-related projects. The asking price is $4,950,000, or $1,475,000 per unit, with a price per square foot of $122.92. The property's strategic location at the southeast corner of a newly created intersection offers unparalleled visibility and accessibility. This is a rare opportunity to acquire a substantial land parcel with existing structures in a high-growth area. The seller is motivated.

    Property Features for 6819 Old Shell Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    48,000 SF
    Lot Size
    226,512 SF

    Building Details

    Buildings
    4
    Stories
    2
    Units
    4

    HighLights

    • 5.2‑acre commercial property in Mobile, AL, ideal for redevelopment.
    • Located at 6819 Old Shell Rd, adjacent to the University of South Alabama and its new sports complex.
    • 1,450 feet of street frontage on three sides.
    • Four buildings totaling 48,000 square feet, currently vacant.
    • Asking price: $4,950,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ministry Center Religious Institution GracePointe Mobile Church Comunidad Cristiana Ever Evangelical Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.200309072423
    Latitude
    30.69121786793

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    FAQs

    What type of property is this?
    Multifamily property - 5.2 Acres, 48,000 SF, Motivated Seller
    Where is this multifamily property located?
    The property is located at 6819 Old Shell Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: 5.2-acre commercial property in Mobile, AL, ideal for redevelopment.; Located at 6819 Old Shell Rd, adjacent to the University of South Alabama and its new sports complex.; 1,450 feet of street frontage on three sides.
    Request Owner's contact information
    6819 Old Shell Rd 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
    6819 Old Shell Rd Mobile, AL 36608
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