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Property profile & analytics
OFF-MARKET
Automotive properties

2810 Government Blvd Mobile, AL 36606-2616

990 SF 1.18 ac lot Built 1997
Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-3146033
Property summary
AI-generated overview

This exceptional commercial property at 2810 Government Blvd, Mobile, AL 36606, presents a unique investment opportunity. Previously occupied by an American Car Center, this flex space offers high visibility due to its location on a major thoroughfare. The property features a well-maintained building with ample interior space suitable for various commercial uses, including automotive, retail, office, or service-oriented businesses. The expansive lot provides extensive parking and outdoor space, ideal for businesses needing ample customer or service vehicle accommodations. The existing structure is in excellent condition, minimizing upfront renovation costs. Its strategic location on Government Boulevard ensures maximum exposure and easy access, benefiting from high traffic flow and thriving commercial activity. The property's proximity to major highways, shopping centers, and other commercial establishments adds to its convenience for both employees and customers. This sale includes a leaseback option, offering a flexible investment strategy. The asking price is $599,000. This is a rare chance to acquire a prime commercial property in a desirable Mobile business corridor, perfect for expansion or a new venture. The property is currently vacant and ready for immediate occupancy. The lease type is Net.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1997
Total area 990 SF
Lot 1.18 ac (51,431 SF)
APN 29 09 51 0 006 067.XXX
UPID US03-3146033
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Jmtd LLC · 15 yrs held
Jmtd LLC
since 2010
3 recorded transactions
2010
$600,000
2009
Price N/A
2006
$725,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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