Property profile

5301 Moffett Rd Mobile, AL 36618

OFF-MARKET
Neighborhood centers
60,123 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents 60,123 square feet of space across three buildings situated on a 6.87-acre lot in Mobile, Alabama. The property, located at 5301 Moffett Road, enjoys a highly visible location near the intersection of Overlook Road and Moffett Road, with convenient access to University Boulevard. Multiple spaces are available, ranging from a minimum of 2,520 square feet to a maximum contiguous space of 24,343 square feet. A significant portion of the center, totaling 48,460 square feet, is currently vacant, presenting a unique chance for expansion or redevelopment. The recently vacated Walgreens suite is among the available spaces. The property's Assessed Parcel Number (APN) is R022802034000118. Owners are open to build-to-suit options for inline or freestanding tenants, catering to specific lease prospect needs. The substantial vacant space and flexible ownership approach make this a compelling investment with significant redevelopment potential. This prime location and expansive footprint offer a rare opportunity to establish a strong retail presence in a thriving Mobile, AL market. The property's size and flexibility make it suitable for a variety of retail concepts.

Property profile

Verified
Property type Neighborhood centers
Total area 60,123 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Kitchen & Bath Showroom Furniture & Home Goods
  • Car Wash
  • Physician
  • Discount Store

Location

5301 Moffett Rd Mobile, AL 36618
Mobile metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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