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    1250 Satchel Paige Dr Mobile, AL 36606

    For Lease
    $1.00 SF/Yr ($3,333 /Mo)

    High-traffic retail spaces available in Mobile, AL

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail property, located in Mobile County, Alabama, offers 40,000 square feet of commercial space across multiple tenancies. Situated on a lot ranging from 1.49 to 1.64 acres, this property boasts a General Commercial zoning designation. Its prime location at the intersection of I-65 (83,410 vehicles per day) and Government Blvd (29,200 vehicles per day) ensures high visibility and accessibility. The area benefits from a strong economy driven by tourism, manufacturing (aerospace, paper, automotive, and steel), research, and healthcare. Major employers such as Airbus, ThyssenKrupp, and Austal USA contribute significantly to the robust local economy. The presence of several universities, including the University of South Alabama (generating over $3 billion annually), further strengthens the market. Mobile's status as the second-largest city in Alabama, combined with its low cost of living and waterway access, makes it attractive to new industries. Two retail spaces are currently available within this thriving commercial center, presenting a unique investment opportunity in a dynamic and growing market. The property's strategic location and strong economic fundamentals offer significant potential for long-term growth and return on investment.

    Property Features for 1250 Satchel Paige Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Total Rate
    3333.33

    Unit(s) available at that property

    Space
    Outparcel 1
    Size
    0 SF
    Rate per SF
    $1.00
    Space
    Outparcel 2
    Size
    0 SF
    Rate per SF
    $1.00

    HighLights

    • 40,000 square foot retail center with multiple tenancies.
    • Located on approximately 1.5 acres in Mobile County, Alabama.
    • Zoned General Commercial.
    • Situated at the high‑traffic intersection of I‑65 (83,410 VPD) and Government Blvd (29,200 VPD), offering excellent visibility and accessibility.
    • Two spaces currently available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Topgolf of Mobile Golf Driving Range Topgolf Mobile Golf Driving Range

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1193
    Latitude
    30.6523725

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail spaces available in Mobile, AL
    Where is this retail property located?
    The property is located at 1250 Satchel Paige Dr Mobile, AL.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: 40,000 square foot retail center with multiple tenancies.; Located on approximately 1.5 acres in Mobile County, Alabama.; Zoned General Commercial.
    Request Owner's contact information
    1250 Satchel Paige Dr Mobile, AL 36606
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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
    1250 Satchel Paige Dr Mobile, AL 36606
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