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    5001 Cottage Hill Rd Mobile, AL 36609

    Sponsored
    For Sale
    $695,000

    Prime Retail Space, Monroe County, 1,000 SF

    Property size:
    1,079 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located within a recently updated plaza in Monroe County. The property offers a versatile 1,000 square foot space, ideal for a variety of retail, restaurant, or service-based businesses. Alternatively, two 1,000 square foot units are available for lease, totaling 2,000 square feet. The plaza enjoys a high-traffic location, benefiting from an average daily traffic count of 4,200 vehicles. This is a prime location adjacent to Fermi III and shares a strip center with a thriving convenience store, ensuring high visibility and foot traffic. The property sits on a 1.33-acre lot and is part of a shopping center with multiple tenancies. The lease is a gross lease, simplifying financial planning. This is a single-building property with one available suite. The space is ready for immediate occupancy and presents a fantastic chance to establish or expand your business in a bustling commercial area. Don't miss this opportunity to secure a prominent retail presence in a high-demand location. Contact us today to schedule a viewing.

    Property Features for 5001 Cottage Hill Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    1,079 SF
    Lot Size
    25,700 SF

    Building Details

    Year Built/Renovated
    1985/2000
    Buildings
    2
    Stories
    1

    HighLights

    • Retail and land property in Monroe County.
    • Shopping center with one available 1,000 sq. ft. suite.
    • 1.33‑acre lot.
    • Located adjacent to Fermi III, sharing a strip center with a convenience store, experiencing 4200 average daily traffic.
    • Gross lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1574222
    Latitude
    30.6493226

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    FAQs

    What type of property is this?
    Automotive property - Prime Retail Space, Monroe County, 1,000 SF
    Where is this automotive property located?
    The property is located at 5001 Cottage Hill Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Retail and land property in Monroe County.; Shopping center with one available 1,000 sq. ft. suite.; 1.33-acre lot.
    Request Owner's contact information
    5001 Cottage Hill Rd 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
    5001 Cottage Hill Rd Mobile, AL 36609
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