Property summary
This exceptional 0.58-acre commercial land parcel, totaling 25,125 square feet, presents a unique investment opportunity. Located at 10 N. University Blvd., Mobile, AL 36608, this property boasts a single-tenant building of 2,184 square feet, ideally situated on a highly trafficked thoroughfare. Its prime location directly across from the University of South Alabama's main campus ensures high visibility and consistent foot traffic. The property benefits from its adjacency to the intersection of Old Shell Road and N. University Blvd., a strategic location with a reported 28,000 vehicles passing daily (VPD). This adds to the already strong draw of its proximity to University Village Shopping Center, a well-established and popular shopping destination. Existing neighboring businesses include Mellow Mushroom and Waffle House, further enhancing the area's appeal and attracting a diverse customer base. The property is zoned B3, offering flexibility for various commercial uses. The building is a single-story structure, and the land is available for occupancy starting November 1, 2023. This is an unparalleled chance to acquire a thriving retail space in a high-demand location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
3. RC - Regional Center District The purpose of the Regional Center District is to provide for mixed-use development that offers a diversity of retail, service, entertainment, office, finance, and related business uses t…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
RC · Midland, MI3. RC - Regional Center District The purpose of the Regional Center District is to provide for mixed-use development that offers a diversity of retail, service, entertainment, office, finance, and related business uses t…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
3. RC - Regional Center District The purpose of the Regional Center District is to provide for mixed-use development that offers a diversity of retail, service, entertainment, office, finance, and related business uses t…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RC in Midland, MI.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.