4027 Airport Blvd Mobile, AL 36608
- Investment properties
- 15,135 SF
- 1.28 lot acres
Current Use by Public Records
- LensCrafters / Sunglasses Store / Optometrist
- Advance America / Loan Agency / Financial Institution
- MoneyGram / Money Transfer Service
- Friendly Eyes Optometry / Optometrist / Eye Care Center
Property Details for 4027 Airport Blvd
- Year built
- 1986
- Lot size
- 1.28 lot acres
- Property size
- 15,135 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 28 07 26 2 000 003.03X
- APU
- 280726200000303X
Description
This Mobile, Alabama retail space, located at 4027 Airport Blvd, offers 2,100 square feet of immediately available space in a 15,000 square foot strip center. The property features a recently updated exterior, providing excellent visibility and curb appeal. Large storefront windows maximize natural light and enhance the space's appeal. The convenient location on Airport Boulevard, just west of the intersection of McGregor Avenue and Azalea Road, ensures high traffic volume and easy access for customers. The property boasts ample parking for both tenants and customers, along with multiple signage opportunities to increase brand visibility. The space is easily accessible with convenient ingress and egress. This location benefits from proximity to a variety of established national and local retailers, including LensCrafters, Elwood Staffing, Fresh Market, Haverty's, PetSmart, BAM!, Michael's, and TJ Maxx, creating a strong retail environment and attracting a high volume of foot traffic. While currently a single 2,100 square foot space, there is an adjacent suite of equal size that could be combined to accommodate a larger tenant's needs. This presents a unique opportunity for businesses seeking high visibility and a prime location in a thriving retail corridor.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $435,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $635,000
- 6.5%
- $615,000
- 7%
- $555,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $510,000
- Geo Method
- $570,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $625,000
- Retail
- $710,000
- Mixed-Use
- $590,000
- Hospitality
- $635,000
- Educational
- $635,000
- Residential Income
- $680,000
- Energy
- $685,000
- Income-Based Land
- $585,000
- Food Service
- $600,000
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.1517
- Latitude
- 30.6753
- CBSA code
- 33660
- CBSA name
- MOBILE, AL METROPOLITAN STATISTICAL AREA