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    981 Corporate Dr Mobile, AL 36607

    For Lease
    $78 SF/Yr

    Prime industrial space, I-65 access.

    Lot size:
    63,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 31,500-square-foot warehouse, part of a larger 63,000-square-foot building, offers a strategic location in Mobile, Alabama's Central Business Park. Built in 1979 and renovated in 2020, this single-story facility boasts a 20-foot ceiling height, making it ideal for various industrial uses. The property features five loading docks, two drive-in ramps, and ample parking for 158 vehicles. Its I-1 zoning allows for flexible use within the industrial sector. The property benefits from convenient access to major transportation arteries, including Interstates 10 and 65, providing easy connectivity to the Port of Mobile, Airbus, Brookley Aeroplex, Alabama State Docks, Austal Ship Building, and CSX Terminal Railway. A significant advantage is the access to an AL Export Railroad rail spur, offering potential for efficient freight transport. The building is constructed of tilt-up concrete, ensuring durability and longevity. Racking is negotiable, and approximately 500 square feet of office space is included. An adjacent 9-acre parcel is also available for potential expansion. This property presents a rare opportunity to secure prime industrial space with exceptional access to transportation and infrastructure.

    Property Features for 981 Corporate Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    63,000 SF
    Total Rate
    409500

    Building Details

    Year Built/Renovated
    1979/2020
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    31,500 SF
    Rate per SF
    $78

    HighLights

    • 31,500 SF warehouse in Mobile, AL's Central Business Park.
    • Single‑story building with 20' ceilings, built in 1979, renovated in 2020.
    • Five loading docks, two drive‑in ramps, and 158 parking spaces.
    • I‑1 zoning, excellent access to I‑10 & I‑65, Port of Mobile, and rail.
    • Adjacent 9‑acre parcel available; racking negotiable; 500 SF of office space included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Express Courier International Transportation Service Grimco Inc. Wholesaler

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office 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
    -88.11860762066
    Latitude
    30.710119803701

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    FAQs

    What type of property is this?
    Flex space - Prime industrial space, I-65 access.
    Where is this flex space located?
    The property is located at 981 Corporate Dr Mobile, AL.
    What is the lease rate?
    The lease rate is $78 SF/Yr.
    What are key features of this property?
    This property features: 31,500 SF warehouse in Mobile, AL's Central Business Park.; Single-story building with 20' ceilings, built in 1979, renovated in 2020.; Five loading docks, two drive-in ramps, and 158 parking spaces.
    Request Owner's contact information
    981 Corporate Dr Mobile, AL 36607
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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
    981 Corporate Dr Mobile, AL 36607
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