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    2502 Schillinger Rd Mobile, AL 36619

    For Lease
    $2.00 SF/Yr ($11,478 /Mo)

    Mobile, AL Retail Opportunity

    Lot size:
    68,868 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This Mobile, Alabama shopping center, located at 2502 Schillinger Rd, offers 68,868 square feet of retail space in a prime location at the southwest corner of Schillinger and Cottage Hill Roads. The Class B property, built in 1998 and renovated in 2022, features a single, one-story building with 384 parking spaces and multiple entrances for easy access. Currently, 23,381 square feet of space is available, with a minimum divisible unit of 1,200 square feet and a maximum contiguous space of 22,181 square feet. The property sits on 10 acres of land (100,000 square feet) and is zoned County. The center boasts excellent visibility and high traffic counts on both Schillinger and Cottage Hill Roads, exceeding 35,000 vehicles daily. Recent upgrades include LED lighting and a fresh color scheme. A 10,000 square foot pad site is also available for build-to-suit opportunities. The property benefits from a strong demographic profile, with an average household income within a one-mile radius of $86,000 per year. The property's APN is 3401014000002.011. This is an exceptional opportunity for retailers seeking high visibility and a strong customer base in a thriving Mobile County market. The center is anchored by CLUB4 Fitness.

    Property Features for 2502 Schillinger Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    68,868 SF
    Class
    B
    Total Rate
    11478

    Building Details

    Year Built/Renovated
    1998/2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Pad Site
    Size
    10,000 SF
    Rate per SF
    $3
    Space
    Anchor B
    Size
    22,181 SF
    Rate per SF
    $9

    HighLights

    • 68,868 SF retail center in Mobile, AL.
    • 23,381 SF available, divisible from 1,200 SF to 22,181 SF contiguous.
    • Located at the prime intersection of Schillinger Rd and Cottage Hill Rd, with over 35,000 vehicles daily.
    • 10‑acre site (100,000 SF) with 384 parking spaces, County zoning, and a 10,000 SF pad site available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CLUB4 Fitness Schillinger Gym Bella Vita Beauty ... Nail Salon west mobile liquor Liquor Store Vitalife Vitamins & Supplements Vitamin & Supplements Store Express Portable Toilet ... Portable Building Manufacturer

    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
    -88.22504796745
    Latitude
    30.638446871728

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    FAQs

    What type of property is this?
    Neighborhood center - Mobile, AL Retail Opportunity
    Where is this neighborhood center located?
    The property is located at 2502 Schillinger Rd Mobile, AL.
    What is the lease rate?
    The lease rate is $3-$9 SF/Yr.
    What are key features of this property?
    This property features: 68,868 SF retail center in Mobile, AL.; 23,381 SF available, divisible from 1,200 SF to 22,181 SF contiguous.; Located at the prime intersection of Schillinger Rd and Cottage Hill Rd, with over 35,000 vehicles daily.
    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
    2502 Schillinger Rd Mobile, AL 36619
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