401 Azalea Rd Mobile, AL 36609-1628
This exceptional 2,139 square foot retail space, formerly a bank branch, presents a unique investment opportunity in Mobile, Alabama. Located at 401 Azalea Road, 36609, the property boasts excellent visibility and accessibility, situated on a 0.6-acre lot. The building is in great condition and features a convenient drive-thru, a significant advantage for quick-service restaurants (QSR) or similar businesses. Azalea Road experiences a high daily traffic count of 17,500 vehicles, ensuring substantial exposure for your business. Furthermore, the property benefits from its strategic location near the main retail corridor of Airport Boulevard, which sees a remarkable 53,800 vehicles daily. This prime location is surrounded by established national retailers and restaurants, creating a vibrant and thriving commercial environment. The single-tenant occupancy provides flexibility and control, making it an ideal space for a variety of businesses seeking a high-traffic, easily accessible location in a well-established commercial area of Mobile. The property's former use as a bank suggests a robust and well-maintained structure, ready for immediate occupancy and customization to suit your specific business needs.
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ATM (Wells Fargo Bank) Atm
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
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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