3250 Airport Blvd Mobile, AL 36606
Property profile & analytics
3250 Airport Blvd, Mobile, AL 36606
- Turn key restaurants
- 7,083 SF
- 1.25 lot acres
Property ID
US03-3163288
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
- Marshalls / Department Store
- Michaels / (Bike/Boat/Book/etc) Store
- Rock The Float, LLC / (Bike/Boat/Book/etc) Store
- Five Below / (Bike/Boat/Book/etc) Store
- Crunch Fitness - Mobile / Gym & Fitness Center
Property Details for 3250 Airport Blvd
- Year built
- 2006
- Lot size
- 1.25 lot acres
- Property type
- Turn key restaurants
- APN
- 29 08 19 3 003 081.002
- APU
- 2908193003081002
Description
This exceptional investment opportunity presents a 6,836 square foot, NNN-leased Juicy Crab restaurant located at 3250 Airport Blvd, Unit B6, Mobile, AL 36606. The property sits on a 1.25-acre lot and is an outparcel to Springdale Shopping Center, consistently ranking in the top 4% nationally for shopping center visits. The Juicy Crab enjoys prime visibility on Airport Blvd (54,400 VPD) and convenient access to I-65 (92,600 VPD), benefiting from high traffic volume. Built in 2006 and renovated in 2021, this restaurant boasts strong sales and a 4.5-star Google rating. The current lease, expiring March 31, 2031, includes a 10% rent increase every five years, with the next increase scheduled for April 2026, and a five-year option. The property benefits from a strong surrounding demographic, including over 19,700 college students within 4 miles and 2,650 hotel rooms within a 5-minute drive. Mobile's thriving tourism and robust port activity further enhance the location's appeal. The asking price is $2,200,000, with a current NOI of $165,000 and a 7.50% cap rate. This presents a compelling opportunity for investors seeking a stable, high-performing asset in a prime location. The property's strong tenant, favorable lease terms, and strategic location combine to offer a secure and potentially lucrative investment.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.1198
- Latitude
- 30.6768
- 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
$16,611
$72,660
$184,700
$257,360
-
$363,300
$923,500
$1,286,800
