31000 Bass Pro Dr Spanish Fort, AL 36527-9418
Property profile & analytics
31000 Bass Pro Dr, Spanish Fort, AL 36527-9418
- Strip malls
- 20,696 SF
- 190.00 lot acres
Property ID
US03-1641984
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.
Location Intelligence
Current Use by Public Records
- Urban Air Trampoline and Adventure Park / Tour Operator / Campground & RV Park
- Urban Air Spanish Fort, AL / Tour Operator / Campground & RV Park
Property Details for 31000 Bass Pro Dr
- Year built
- 2008
- Lot size
- 190.00 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 32-09-32-0-001-001.013
- APU
- 3209320001001013
Description
This exceptional investment opportunity presents the fee simple ownership of a thriving Urban Air Adventure Park in Spanish Fort, Alabama, within the Mobile MSA. The 20,245 square foot facility, built in 2008 and situated on a 3.79-acre lot, boasts 100% occupancy under a triple-net (NNN) lease with a corporate guarantee from Jackson Family Industries, LLC. The lease, commencing March 10, 2018, and expiring March 31, 2028, has approximately 3.4 years remaining, followed by a potential 5-year option. Scheduled rent bumps are in place for March 2025 and the option period start, ensuring future NOI growth. The property features 139 parking spaces and benefits from a prime location along Bass Pro Drive, providing excellent visibility and access to major roadways including US Highway 98 and US Highway 31, and proximity to Interstate 10. This location is part of the Spanish Fort Town Center, a vibrant lifestyle center anchored by Bass Pro Shops and Kohl's, and is surrounded by other significant retail establishments such as The Home Depot, AMC Theaters, and Walmart. The property also enjoys a strong residential base, with numerous nearby single-family and multi-family communities. The 5-mile trade area boasts over 43,100 residents and 19,700 daytime employees, with an affluent average household income of $106,757. The property's zoning is B-3: General Business, and the asking price is $3,240,000, representing a 7.50% cap rate and a price per square foot of $160.04. The current Net Operating Income (NOI) is $242,940. This is a low-management, passive investment opportunity with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $660,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $545,000
Market price range: $356k - $907k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $650,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Spanish Fort
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.9018
- Latitude
- 30.6583
- CBSA code
- 19300
- CBSA name
- DAPHNE-FAIRHOPE, AL MICROPOLITAN 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
$9,483
$118,640
$144,780
$263,420
-
$865,457
$1,056,143
$1,921,600
