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    820 University Blvd Mobile, AL 36609

    For Lease
    $12 SF/Yr ($13,977 /Mo)

    Mobile County Office Space: 1,203 - 6,267 SF

    Lot size:
    13,418 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Mobile County office park presents a unique investment opportunity. Comprising four single-story buildings totaling 13,418 square feet, this Class B property offers multiple tenancy options. Currently, 10,201 square feet of space is available, divisible into units ranging from a minimum of 1,203 square feet to a maximum contiguous space of 6,267 square feet. The property sits on a generous 5.25-acre lot, strategically located on University Boulevard between Airport Boulevard and Cottage Hill Road, ensuring excellent visibility and accessibility. Renovated in 2016, the buildings are well-maintained and ready for immediate occupancy. The B-3 zoning allows for a variety of commercial uses. One suite is fully equipped for medical use, featuring a waiting room and multiple exam rooms. This turnkey solution is ideal for medical professionals seeking a move-in ready space. The property's prime location and flexible space options make it an attractive proposition for businesses of all sizes. Contact us to schedule a showing and explore the possibilities of establishing your business in this thriving commercial area.

    Property Features for 820 University Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,418 SF
    Class
    B
    Total Rate
    13977.08

    Building Details

    Year Renovated
    2016
    Buildings
    4
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 3-G
    Size
    1,906 SF
    Rate per SF
    $14
    Space
    Suite 3-F
    Size
    1,502 SF
    Rate per SF
    $14
    Space
    Suite 1A
    Size
    3,051 SF
    Rate per SF
    $14
    Space
    Suite 2F
    Size
    2,500 SF
    Rate per SF
    $14
    Space
    Suite 4-B
    Size
    1,242 SF
    Rate per SF
    $14

    HighLights

    • Office property totaling 13,418 square feet.
    • Multiple tenancies available, ranging from 1,203 to 6,267 contiguous square feet.
    • 10,201 square feet currently vacant.
    • Situated on a 5.25‑acre lot.
    • Class B office building, renovated in 2016.
    • Four single‑story buildings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R. Lee Irvin, ... Pain Management Physician Tracey Coale Physical Therapist Rejuvaah & Revvived IV ... Medical Spa FedEx Drop Box Mailing Service Diane Cook Counselor

    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
    -88.16409962
    Latitude
    30.66213011

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    FAQs

    What type of property is this?
    Office Property / Space - Mobile County Office Space: 1,203 - 6,267 SF
    Where is this office property / space located?
    The property is located at 820 University Blvd Mobile, AL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Office property totaling 13,418 square feet.; Multiple tenancies available, ranging from 1,203 to 6,267 contiguous square feet.; 10,201 square feet currently vacant.
    Request Owner's contact information
    820 University Blvd Mobile, AL 36609
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    Mobile, AL 36609
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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
    820 University Blvd Mobile, AL 36609
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