3251 Cottage Hl Rd Mobile, AL 36606-3014
This exceptional commercial property, located at 3251 Cottage Hill Road in Mobile, Alabama, presents a unique investment opportunity. Spanning over 2.19 acres of land in a high-traffic area, the property boasts two substantial buildings ideal for a variety of uses. The first building, a historic office structure dating back to 1894, offers 1770 square feet of well-maintained space. This building features four separate offices, each equipped with a functioning fireplace featuring gas logs, a kitchen, a bathroom, and a customer waiting area. Recent improvements include a roof replacement in 2017 and fresh exterior paint in 2022. The HVAC unit is approximately 8-9 years old. The sellers completed extensive renovations upon purchase, including bringing the structure down to the stud walls and updating the plumbing and electrical systems. The second building, a 4200-square-foot auto repair shop, is fully equipped to handle a high volume of work, featuring six bays and four lifts. The expansive 2.19-acre lot provides ample space for operations, customer parking, and future expansion. The property's prime location makes it an excellent choice for anyone seeking to establish or expand their presence in the local automotive sales and repair market. The total square footage of both buildings is 5,994 square feet. This property is listed at $830,000.
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Keith Kingan's Classic Cars, Inc. Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.