152 Schillinger Rd Mobile, AL 36608
- Commercial real estate
- 1,392 SF
- 0.45 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 152 Schillinger Rd
- Construction
- FRAME
- Lot size
- 0.45 lot acres
- Property size
- 1,392 SF
- Property type
- Commercial real estate
- APN
- 28 04 18 3 003 096.XXX
- APU
- 2804183003096XXX
Description
This exceptional 0.45-acre commercial lot, located at 152 Schillinger Rd in Mobile, Alabama (zip code 36608), presents a unique investment opportunity. Priced at $225,000 ($500,000/acre), this single-story, 1,848 square foot property sits on a signalized corner in a rapidly expanding area. The B-3 zoning permits a variety of commercial uses. The lot is already cleared and prepared for immediate development, minimizing upfront costs. An existing lease conveys with the property, generating sufficient income to cover annual property taxes, making this a low-risk, high-reward investment. The high-traffic location on Schillinger Road ensures excellent visibility and accessibility for any future business. This is an ideal opportunity for investors seeking a strong return on investment in a prime Mobile location. The property's strategic position at a signalized intersection guarantees maximum exposure to a large volume of daily traffic. This turnkey investment offers the potential for significant appreciation and rental income, making it an attractive option for both experienced and new investors. The existing lease provides immediate cash flow, mitigating risk and ensuring a stable return. Don't miss this chance to secure a prime commercial property in a thriving Mobile neighborhood.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.2251
- Latitude
- 30.6936
- CBSA code
- 33660
- CBSA name
- MOBILE, AL METROPOLITAN STATISTICAL AREA
