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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2871 Ml St Mobile, AL 36607-1919

13,042 SF 1.95 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
Property ID
US03-1033875
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ljp LLC
Ljp LLC
since 2026
Last sale
$230,000
4 recorded transactions
2026
$230,000
2020
$105,000
2014
$23,000
2014
$23,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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