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    5415 Us-90 Mobile, AL 36619

    For Lease
    $45,000

    8,364 sq ft commercial lot, ideal drive-thru.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 8,364 square foot commercial land parcel presents a unique opportunity in Mobile County's thriving Tillman's Corner area. Previously occupied by a Checkers restaurant, the building has been demolished, leaving the site ready for redevelopment. All existing infrastructure remains intact, significantly reducing development costs and timelines for a new tenant. Strategically located on Highway 90, with convenient access to I-10, this property enjoys high visibility and exceptional traffic flow. Its proximity to established businesses, such as a Popeye's Chicken, ensures a strong customer base and synergistic environment. The site's ideal configuration makes it particularly well-suited for another small drive-thru restaurant or similar quick-service concept. This is a rare chance to acquire a ready-to-develop parcel in a prime location with significant potential for immediate return on investment. The single-tenant nature of the property simplifies management and leasing, making it an attractive option for both individual investors and larger corporations. The lot size offers ample space for a new building and associated parking, ensuring a comfortable and efficient customer experience. This property is offered as a ground lease. Contact us today to learn more about this exceptional opportunity.

    Property Features for 5415 Us-90

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    Total Rate
    45000

    Unit(s) available at that property

    Space
    Size
    0 SF
    Rate per SF
    $45,000

    HighLights

    • 8,364 SF commercial land parcel in Mobile County.
    • Single‑tenant property, formerly a Checkers restaurant.
    • Building demolished, but existing infrastructure remains.
    • Located in the high‑traffic Tillman's Corner area of Highway 90, near I‑10 and adjacent to Popeye's.
    • Ideal for a drive‑thru restaurant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1689333
    Latitude
    30.5893524

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    FAQs

    What type of property is this?
    Land - 8,364 sq ft commercial lot, ideal drive-thru.
    Where is this land located?
    The property is located at 5415 Us-90 Mobile, AL.
    What is the lease rate?
    The lease rate is $45,000.
    What are key features of this property?
    This property features: 8,364 SF commercial land parcel in Mobile County.; Single-tenant property, formerly a Checkers restaurant.; Building demolished, but existing infrastructure remains.
    Request Owner's contact information
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    Mobile, AL 36619
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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
    5415 Us-90 Mobile, AL 36619
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