3301 N Schillinger Rd Semmes, AL 36575
For Sale
This exceptional mixed-use property, located at 3301 Schillinger Road North in Semmes, Alabama, presents a unique investment opportunity. The 1,025 square foot building, constructed in 1977, sits on a 16-acre lot and is currently zoned B2. The property features a single-story structure with one unit, offering versatility for a variety of commercial uses. Currently configured as a hotel, restaurant, and shopping center combination, the property's potential extends far beyond its current use. The asking price is $700,000, translating to $682.93 per square foot. The property's prime location at the high-traffic intersection of Schillinger and Moffett Roads, adjacent to a Walmart shopping center, ensures significant visibility and accessibility. The area boasts a high concentration of commercial businesses, making it ideal for expansion or redevelopment. An additional 8 acres of adjacent land are available for purchase, potentially doubling the property size to a total of 16 acres, offering significant expansion possibilities. This presents a rare chance to acquire a substantial commercial property in a thriving area with considerable potential for future development. The property's existing structure provides immediate income potential while the expansive land offers significant long-term growth opportunities. The Mobile County location and fee simple ownership provide further investment security. The property's APN is 240725100001002X. Photos are available from July 10, 2018.
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A&M AUTO Auto Repair Shop
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.