1956 S University Blvd Mobile, AL 36609
For Lease
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This exceptional retail property, located at 1956 S University Blvd in Mobile, Alabama, presents a unique investment opportunity. The single-story building boasts a substantial 20,466 square feet of entirely vacant space, ready for immediate occupancy. Situated on a generous 2.88-acre lot, the property offers excellent visibility and accessibility. Its prime location at the corner of Cottage Hill and University Boulevard places it within a Walmart Neighborhood Market anchored center, ensuring high traffic and strong consumer presence. The property's single-building structure simplifies management and operation. The building's retail zoning allows for a wide range of commercial uses, making it suitable for various business ventures. With its ample square footage and strategic location in Mobile County, this property is ideal for businesses seeking a prominent presence in a thriving retail market. The property's size and location offer significant potential for growth and return on investment. The address is 1956 S University Blvd, Mobile, AL 36609. The property consists of one building with a total of 20,466 square feet, all currently vacant. The lot size is 2.88 acres.
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We Buy Houses in Mobile AL and Baldwin Co. Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.