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    960 Schillinger Rd Mobile, AL 36695

    For Lease
    $15 SF/Yr

    High-traffic retail space, Mobile, AL

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Palmetto Square offers 5,000 square feet of prime retail space for lease, situated on Mobile's Schillinger Road, a main retail corridor. This single-building property features two available spaces, each a minimum of 2,500 contiguous square feet. The location boasts exceptional visibility and high traffic counts exceeding 40,000 vehicles daily. This is an excellent opportunity for businesses seeking a prominent location with significant foot traffic. The property benefits from its strategic position directly across the street from a newly constructed Aldi grocery store, a Panda Express restaurant, and a new apartment complex, ensuring a strong customer base and high potential for business success. The available space is ideal for a variety of retail uses, providing ample room for a diverse range of businesses to thrive. The property's location on a major thoroughfare guarantees significant exposure to potential customers, making it an attractive option for businesses seeking maximum visibility and accessibility. Interested parties should inquire for further details and leasing options. The total vacant space is 5,000 square feet, divisible into units of at least 2,500 square feet.

    Property Features for 960 Schillinger Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    2,500 SF
    Rate per SF
    $15
    Space
    Available Space 1
    Size
    2,500 SF
    Rate per SF
    $15

    HighLights

    • Retail property totaling 5,000 square feet currently available for lease.
    • Two 2,500 square foot spaces are available.
    • Located on Schillinger Road in Mobile, a main retail corridor.
    • High visibility location across from a new Aldi, Panda Express, and apartment complex.
    • Property boasts traffic counts exceeding 40,000 vehicles.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lendmark Financial Services ... Loan Agency Charm Thai Kitchen ... Thai Restaurant Up n smoke Vaporizer Store Cheveu Salon Hair Salon Nails Couture Nail Salon

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -88.225543092988
    Latitude
    30.670014600875

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, Mobile, AL
    Where is this retail property located?
    The property is located at 960 Schillinger Rd Mobile, AL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 5,000 square feet currently available for lease.; Two 2,500 square foot spaces are available.; Located on Schillinger Road in Mobile, a main retail corridor.
    Request Owner's contact information
    960 Schillinger Rd Mobile, AL 36695
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    Mobile, AL 36695
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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
    960 Schillinger Rd Mobile, AL 36695
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