3255 Airport Blvd Mobile, AL 36606-3201
- Drive through restaurants
- 1,842 SF
Current Use by Public Records
- Global Benefits Alliance / Health Insurance Agency
- Sleep Number / Home Goods Store / Mattress Store
- Nothing Bundt Cakes / Wedding Bakery / Bakery
- Starbucks / Coffee Shop / Breakfast Restaurant
- AR Repair & Resell, LLC / Mobile Phone Repair Shop
Property Details for 3255 Airport Blvd
- Year built
- 2006
- Property size
- 1,842 SF
- Property type
- Drive through restaurants
- APN
- 29 09 30 2 000 015.001
- APU
- 2909302000015001
Description
This exceptional Class A retail property, South Park Pad, offers multiple spaces totaling 220,000 square feet on a 34-acre site in Fayette County. Located at the southeast quadrant of Nicholasville Road and New Circle Road, this prime location boasts unparalleled visibility and accessibility. The property benefits from its proximity to Lexington Green and Fayette Mall, the state's largest mall, ensuring high foot traffic and strong brand recognition. Currently, the center houses a flagship Academy Sports location and the soon-to-open first Main Event location in Lexington, establishing it as a premier retail destination. Available spaces range from 7,000 to 43,560 square feet, catering to a variety of retail tenants. The property underwent renovations in 2022, ensuring modern and updated facilities. Suitable for a range of uses including junior box, big box, outlot, restaurant, bank, automotive, office, medical, or daycare, this property presents a unique opportunity for businesses seeking a high-profile location within a thriving retail environment. The property's multiple tenancy allows for diverse business synergy and a vibrant shopping experience. This is an exceptional opportunity to establish or expand your business in a high-demand area of Lexington.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $540,000
- 6.5%
- $460,000
- 7%
- $465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $500,000
- Geo Method
- $465,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $440,000
- Retail
- $555,000
- Mixed-Use
- $530,000
- Hospitality
- $535,000
- Educational
- $500,000
- Residential Income
- $440,000
- Energy
- $440,000
- Income-Based Land
- $430,000
- Food Service
- $530,000
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.1229
- Latitude
- 30.6758
- CBSA code
- 33660
- CBSA name
- MOBILE, AL METROPOLITAN STATISTICAL AREA
