Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

2039 Broad St, Unit 86 Mobile, AL 36615-1286

  • Manufacturing properties
  • 277,093 SF
  • 93.54 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US03-1960210
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Us FAA / Federal Government Office / Government Office
  • Continental Aerospace Technologies / Manufacturer / Aerospace Company

Property Details for 2039 Broad St

Year built
2019
Lot size
93.54 lot acres
Property size
277,093 SF
Property type
Manufacturing properties
APN
32 01 52 0 004 001.003
APU
3201520004001003

Description

This exceptional investment opportunity presents a 272,576-square-foot Class B industrial manufacturing facility in Mobile, Alabama. Built in 2019, this single-tenant, net-lease property boasts a 19.8-year remaining lease term (expiring August 31, 2044) with Continental Aerospace Technologies, a globally recognized leader in piston engine development and services. The lease features 2% annual rent bumps and two, five-year renewal options. The property sits on an 18.54-acre lot within the Mobile Aeroplex at Brookley, a thriving industrial complex offering excellent access to major transportation arteries, including Interstates 10, 65, and 165, the Port of Mobile, and Mobile International Airport. The building includes six dock-high doors and a 27.30-foot ceiling height, along with 653 parking spaces. The property is situated in an Opportunity Zone and benefits from a ground lease expiring July 29, 2093. Assumable financing is available with an unpaid balance of $18,759,044, an annual payment of $1,432,148, a 4.63% interest rate, a 25-year amortization, and a loan expiration date of November 1, 2029. This is a rare chance to acquire a high-quality, mission-critical asset with a strong tenant and significant long-term growth potential. The property's strategic location within a rapidly expanding industrial hub, coupled with the tenant's market dominance, makes this an attractive investment for discerning buyers.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Mobile
County
Mobile
State
Alabama
Longitude
-88.0744
Latitude
30.644
CBSA code
33660
CBSA name
MOBILE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$154,939
$0.00
$4,675,040
$4,675,040
-
$0.00
$23,375,200
$23,375,200
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message