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Property profile & analytics
FOR SALE
Retail properties & Spaces

3301 N Schillinger Rd Semmes, AL 36575

5,901 SF 8.71 ac lot Built 1977
Individually Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US03-0534513
3301 N Schillinger Rd, Semmes, AL 36575 For Sale
$700,000 5,901 SF
3301 N Schillinger Rd, Semmes, AL 36575
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1977
Total area 5,901 SF
Lot 8.71 ac (379,538 SF)
APN 24 07 25 1 000 010.01X
UPID US03-0534513
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Auto one select llc Car Dealership
  • A&M AUTO Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$596k
Blend (final) Blend
$560k
Owner & transaction history
Odom,melba J · 15 yrs held
Odom,melba J
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $635,000 +61.9%
Commercial (general) $525,000 +33.7%
Industrial (general) $425,000 +8.4%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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