Property profile

2871 Ml St Mobile, AL 36607

OFF-MARKET
Retail properties & Spaces
Property ID
US03-1033875
13,042 SF 1.95 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This versatile industrial property offers 13,000 square feet of space, ideal for warehouse, distribution, or cold storage operations. Situated on 2.5 acres of land, it includes a substantial lay-down yard perfect for equipment storage or additional parking. The building features a mix of ceiling heights ranging from 12 to 20 feet, providing ample vertical space. Loading and unloading are efficient with two dock-high doors, one drive-in door, and an additional 18ft x 12ft all-purpose dock door. The property also boasts two loading docks and numerous parking spaces. Three-phase power is available, and the I-1 zoning allows for a variety of industrial uses. A key feature is the existing cold storage capabilities, making this property suitable for businesses requiring temperature-controlled storage. Conveniently located just five minutes from I-65 and Highway 98, this property offers excellent access to major transportation routes. The building also includes an office and a kitchen. This property is available for sale or lease. The asking price is $365,000, negotiable. Additional deposits may apply.

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1973
Total area 13,042 SF
Lot 1.95 ac (85,120 SF)
APN 29 03 07 4 003 078.XXX
UPID US03-1033875

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2871 Ml St Mobile, AL 36607-1919
Mobile metro Census 2600 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2026
Last sale
$230,000
4 recorded transactions
2026
$230,000
2020
$105,000
2014
$23,000
2014
$23,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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