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    118 Craft Hwy Chickasaw, AL 36611

    For Sale
    $875,000

    25,000 SF, Net Lease, High Traffic

    Property size:
    25,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a 25,000 square foot shopping center located at 118 N Craft Hwy, Chickasaw, AL 36611, in Mobile County. The property features two large retail spaces

    Property Features for 118 Craft Hwy

    General Information

    Property type
    Lifestyle centers
    Square Feet
    25,000 SF

    Building Details

    Stories
    1
    Units
    2

    HighLights

    • 25,000 square foot shopping center in Chickasaw, AL.
    • Located at 118 N Craft Hwy, Mobile County.
    • Features two large retail spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chickasaw
    County
    Mobile
    State
    Alabama
    Longitude
    -88.07395876
    Latitude
    30.762474

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    FAQs

    What type of property is this?
    Lifestyle center - 25,000 SF, Net Lease, High Traffic
    Where is this lifestyle center located?
    The property is located at 118 Craft Hwy Chickasaw, AL.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: 25,000 square foot shopping center in Chickasaw, AL.; Located at 118 N Craft Hwy, Mobile County.; Features two large retail spaces.
    Request Owner's contact information
    118 Craft Hwy Chickasaw, AL 36611
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    Chickasaw, AL 36611
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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
    118 Craft Hwy Chickasaw, AL 36611
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