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Property profile & analytics
OFF-MARKET
Office Spaces

1976 Michigan Ave Mobile, AL 36615

5,450 SF 3.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.5-acre commercial and industrial land parcel is strategically located at the entrance to the Mobile Aeroplex at Brookley in Mobile, Alabama, at the intersection of I-10 and Michigan Avenue (address: 1976 Michigan Ave, Mobile, AL 36615, APN: R023201520005142). The property boasts a prominent position within this thriving transportation and industrial hub, home to numerous companies employing thousands. Its proximity to the future Mobile International Airport ensures significant long-term growth potential. The site offers unparalleled versatility, suitable for a wide range of development projects, including flex space, warehouse/office complexes, gas station/convenience stores, hospitality ventures, office buildings, or retail establishments. A build-to-suit option is available, along with the possibility of a ground lease (all or part). The property currently includes a 5,450-square-foot building recently leased for medical use, presenting an immediate income stream or potential for repurposing. This is a unique opportunity to capitalize on the synergistic environment of the Aeroplex and its strategic location. The property is ready for immediate development.

Property profile
Verified
Property type Office Spaces
Total area 5,450 SF
Lot 3.5 ac (152,460 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kelsey Ann Goldie Dutton Physician
  • Robert L Ross III MD Physician
  • Romarius Longmire MD MPH Physician
  • USA Health Industrial Medicine Medical Clinic
  • Continental Aerospace Technologies Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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