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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3912 Cottage Hill Rd Mobile, AL 36609

    • Retail properties
    • 9,033 SF
    • 0.64 lot acres
    For Lease
    View listing
    $6,825 /Mo
    Last Sale
    Jun 16, 2021
    $280,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-3042688
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Infinity Builders, Inc / Modular Home Builder
    • Tire Centers Llc / Auto Accessories Wholesaler

    Property Details for 3912 Cottage Hill Rd

    Year built
    1985
    Lot size
    0.64 lot acres
    Property size
    9,033 SF
    Property type
    Retail properties
    APN
    28 07 36 3 000 002.02X
    APU
    280736300000202X

    Description

    This exceptional 9,100 square foot property, situated on 1.2 acres, offers a unique blend of retail, office, and warehouse space. Located at 3912 Cottage Hill Road in Mobile, Alabama, this single-story building boasts 100 feet of frontage on a heavily trafficked road with a daily count of 29,856 vehicles, ensuring significant exposure for your business. The property features a 775 square foot showroom area, complemented by three offices and two restrooms. Ample warehouse storage is available, accessed via six ground-level drive-in doors, ranging in size from 10'x10' to 14'x10'. The warehouse benefits from a 12-foot ceiling height and 240V 3-phase power. A small storage area and workroom are also included. The property is zoned B2 and is ideally suited for businesses requiring a combination of retail showroom, office space, and substantial warehouse capabilities. The seller is highly motivated and open to negotiating tenant improvements, making this an attractive opportunity for the right buyer. The convenient location, at the intersection of Cottage Hill Road and Azalea Road (with a traffic signal), provides excellent visibility and accessibility.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1385
    Latitude
    30.6541
    CBSA code
    33660
    CBSA name
    MOBILE, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,885
    $19,700
    $55,020
    $74,720
    -
    $98,500
    $275,100
    $373,600

    Comparable in this City

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      3828 Michael Blvd

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      755 Downtowner W Loop

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,250 SF
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      4360 Downtowner S Loop

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,058 SF
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      1250 Hutson Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 6,275 SF
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      6,036 SF

      1262 Hutson Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 6,036 SF
      1262 Hutson Dr, Mobile, AL 36609-1311
      View Details

    Similar Nearby for Sale

    • $1,100,000
      17,985 SF

      Mobile Storefront Investment Opportunity

      17,985 SF Vacant Retail/Warehouse
      602 Azalea Rd, Mobile, AL 36609
      View Details
    • $699,000
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      Mobile Event Center - Cottage Hill Rd

      High-traffic retail space, ample parking.
      3920 Cottage Hill Rd, Mobile, AL 36609
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    • $1,350,000
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      Mobile Office/Retail Plaza Investment

      Six-unit plaza, leased, strong ROI potential.
      1206 Montlimar Dr, Mobile, AL 36609
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    • $695,000
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      Fermi III Retail Plaza Space

      Prime Retail Space, Monroe County, 1,000 SF
      5001 Cottage Hill Rd, Mobile, AL 36609
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    • $699,000
      0.78 Acres

      Retail Building with Warehouse Access

      Leased retail building with drive-in warehouse door and ample parking.
      3920 Cottage Hill Rd, Mobile, AL 36609
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    • $899,000
      17,985 SF

      Office Warehouse on Azalea Road

      17,985 SF office warehouse suitable for retail or warehouse uses.
      602 Azalea Rd, Mobile, AL 36609
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      1,200 SF

      University Oaks Retail Space Available

      High-traffic retail space, ideal for various uses.
      1956 S University Blvd, Mobile, AL 36609
      View Details
    • $10 SF/Yr
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      Mobile Retail Warehouse Space For Lease

      High-traffic Cottage Hill Rd. location, 4,000 SF.
      3428 Cottage Hill Road, Mobile, AL 36609
      View Details
    • $10 SF/Yr
      16,521 SF

      Cottage Hill Retail Space Available

      Large retail space, ideal for various uses. High-traffic location.
      5035 Cottage Hill Rd, Mobile, AL 36609
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    • $15 SF/Yr
      1,200 SF

      Cottage Hill Retail Space Available

      1200 sq ft retail space, Mobile, AL. Great location!
      5035 Cottage Hill Rd, Mobile, AL 36609
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    • $2,500 /Mo
      3,000 SF

      Mobile Office Building - 3000 SF

      Prime Mobile Office Space: Lease or Buy. Ideal Training Facility.
      3506 Montlimar Plaza Dr, Mobile, AL 36609
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    • $14 SF/Yr
      1,200 SF

      Mobile Retail Center: Cottage Hill Rd

      Three retail spaces available in Mobile, AL.
      5033-5053 Cottage Hill Rd, Mobile, AL 36609
      View Details
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    Mobile, AL 36609
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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