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    951 Schillinger Rd Mobile, AL 36608

    For Lease
    $140,000

    Schillinger Road Retail/Restaurant Lot

    Lot size:
    354,142 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.34-acre lot represents the final outparcel opportunity at the Brewer Center development on Schillinger Road in Mobile County, Alabama. Boasting a prime location at a signalized intersection, this property benefits from an impressive average annual daily traffic count exceeding 40,000 vehicles. The lot is zoned B-3: Community Business, providing flexibility for retail and restaurant uses. Its strategic placement offers excellent visibility and accessibility, situated at the entrance to a recently completed 190-unit multi-family development. This ensures a strong customer base and significant foot traffic. The property enjoys exceptional co-tenancy with established businesses including Panda Express, and proximity to future developments such as a Tidal Wave Car Wash. Other nearby retailers include Discount Tires, Aldi, and a CEFCO convenience store, further enhancing the area's commercial appeal. Mobile County's robust economic base, fueled by major employers like Austal, Airbus, and several universities and hospitals, contributes to a thriving market. Schillinger Road's position as a key north-south connector ensures continued growth in traffic volume, making this a highly desirable investment opportunity for discerning developers and businesses seeking a prominent location in a rapidly expanding area. The APN is 022809302000001.016. The new traffic signal is anticipated to be operational by the end of 2024.

    Property Features for 951 Schillinger Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    354,142 SF
    Total Rate
    140000

    Unit(s) available at that property

    Space
    1.347 Acres next to Panda Express
    Size
    58,370 SF
    Rate per SF
    $140,000
    Space
    6.79 Acres Available in NEW Development!
    Size
    295,772 SF

    HighLights

    • Last remaining outparcel in the Brewer Center development on Schillinger Road, Mobile County.
    • High traffic count exceeding 40,000 vehicles daily.
    • Signalized corner location, with signal operational by end of 2024.
    • 1.34‑acre lot zoned B‑3: Community Business, suitable for retail and restaurant use.
    • Adjacent to Panda Express and across from a future Tidal Wave Car Wash; nearby retailers include Discount Tires, Aldi, and CEFCO.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tower Loan Loan Agency Mobile Mobility Wheelchair Store Fade Factory Barber ... Trade School Radio Shack Electronics Store FAITH NUTRITION, MOBILE ... Health Food Store

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -88.225571107578
    Latitude
    30.670483662719

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    FAQs

    What type of property is this?
    Restaurant - Schillinger Road Retail/Restaurant Lot
    Where is this restaurant located?
    The property is located at 951 Schillinger Rd Mobile, AL.
    What is the lease rate?
    The lease rate is $0.00-$140,000 SF/Yr.
    What are key features of this property?
    This property features: Last remaining outparcel in the Brewer Center development on Schillinger Road, Mobile County.; High traffic count exceeding 40,000 vehicles daily.; Signalized corner location, with signal operational by end of 2024.
    Request Owner's contact information
    951 Schillinger 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
    951 Schillinger Rd Mobile, AL 36608
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