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Property profile & analytics
OFF-MARKET
Turn key restaurants

3382 Battleship Pkwy Spanish Fort, AL 36527-9332

6,144 SF 2.82 ac lot Built 1986
Entity Owned 8-yr Hold Free & Clear
Property ID
US03-0146335
Property summary
AI-generated overview

This exceptional 2.82-acre commercial property enjoys a prime waterfront location on Mobile Bay, directly accessible from the Mobile Bay Causeway. Previously utilized as a restaurant, this site presents a unique redevelopment opportunity. Its strategic position offers immediate access to Highway 98 and convenient access to Interstate 10, ensuring excellent connectivity to both Mobile and the Eastern Shore. The land is zoned for commercial use, making it ideal for a variety of ventures. The expansive lot size provides ample space for new construction or significant renovations. Given its waterfront location and high visibility, this property is well-suited for businesses seeking a prominent presence in a thriving coastal community. The existing infrastructure offers a solid foundation for future development, minimizing initial investment costs. This is a rare opportunity to acquire a significant piece of waterfront real estate in a highly desirable location with excellent access to major transportation arteries. The land is priced at $0/SF, reflecting the significant potential for development and return on investment. The property's address is 3382 Battleship Pkwy, Spanish Fort, Alabama, 36527.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1986
Total area 6,144 SF
Lot 2.82 ac (122,839 SF)
APN 31-08-27-0-000-008.001
UPID US03-0146335
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Big Boy Properties LLC · 8 yrs held
Big Boy Properties LLC
since 2017
2 recorded transactions
2017
$7.0M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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