Airport Blvd Mobile, AL 36606
- Retail properties
- 1.81 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Airport Blvd
- Lot size
- 1.81 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This 1.81-acre prime development site, located in Mobile, Alabama, presents a unique investment opportunity. Currently zoned B-3, this outparcel to the high-performing Springdale Mall boasts exceptional visibility and accessibility at the intersection of Airport Boulevard (55,000 vehicles per day) and Interstate-65 (92,000 vehicles per day). The site benefits from a signalized access point and abundant on-site parking, further enhanced by a cross-access easement with the Springdale Shopping Center. The existing structure is being demolished by the seller, paving the way for immediate development. This location is part of a thriving retail corridor with a low 4.5% vacancy rate, anchored by a top-performing Sam's Club and surrounded by national retailers including Lowe's, Walmart, ALDI, Target, Marshalls, and ULTA. Springdale Mall itself is a top 2% most visited shopping center in the state, attracting 5.5 million annual visitors. The site's strategic location also benefits from a large population base (145,000 within a 5-mile radius) and proximity to a significant student population (19,700 college students within 4 miles). The 2,840 square foot building footprint offers flexibility for various retail uses, including convenience stores, quick-service restaurants, and storefronts. This property offers unparalleled potential for significant return on investment in a high-demand market. The asking price is $1,855,250.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.1269
- Latitude
- 30.6792
