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Property profile & analytics

2912 Dauphin Island Pkwy Mobile, AL 36605

  • Investment properties
  • 28,291 SF
  • 2.51 lot acres
Value Estimation
Last Sale
Jun 22, 2021
$740,000
Location Intelligence
Property ID
US03-0496404
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

  • Dotch's Barber & Style Salon / Barber Shop
  • Nails By Ivy / Nail Salon
  • Walgreens Pharmacy / Pharmacy
  • Natalie R. Dailey Bassa, PharmD / Pharmacy
  • C & T Package Store / Liquor Store

Property Details for 2912 Dauphin Island Pkwy

Year built
1982
Lot size
2.51 lot acres
Property size
28,291 SF
Property type
Investment properties
Property subtype
Retail residential properties
APN
32 06 40 0 002 010.XXX
APU
3206400002010XXX

Description

This exceptional mixed-use investment opportunity in Mobile, Alabama, presents a compelling proposition for discerning investors. The property, located at 2912 Dauphin Island Pkwy, boasts a substantial 27,352 square feet of retail space situated on a highly visible 2.85-acre lot. Currently operating at 50% occupancy, this single-story, 1982-built structure offers significant upside potential. The property features a prime location at a red-light intersection of Dauphin Island Parkway and Gulf Dale Drive, less than two miles south of I-10, ensuring high traffic counts and excellent visibility. The B-3 zoning allows for a diverse range of retail uses. Ample parking is provided with 116 surface spaces, complemented by attractive landscaping. The building itself is constructed of brick and block, with a flat roof and features a covered canopy across the front. The interior features standard drywall construction. The property's proximity to major roadways, including I-10, and its convenient location near Mobile Regional and Pensacola Regional Airports further enhance its appeal. With a lot size of 425 feet frontage by 300 feet depth, this property offers a rare combination of size, location, and potential for significant returns. The asking price of $1,465,000 translates to an attractive price per square foot of $53.56. This is a truly remarkable opportunity to acquire a well-positioned retail center in a thriving commercial area of Mobile.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $935,000
  • CAP approach

    CAP return
    Estimation
    6%
    $765,000
    6.5%
    $750,000
    7%
    $785,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $635,000
    Geo Method
    $840,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $665,000
    Retail
    $730,000
    Mixed-Use
    $765,000
    Hospitality
    $845,000
    Educational
    $670,000
    Residential Income
    $785,000
    Energy
    $925,000
    Income-Based Land
    $745,000
    Food Service
    $690,000

Location Insight

  • Map
  • Local Demand
City
Mobile
County
Mobile
State
Alabama
Longitude
-88.0745
Latitude
30.6124
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
$19,160
$20,840
$353,020
$373,860
-
$104,200
$1,765,100
$1,869,300
More about this property
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