5103 Girby Rd Mobile, AL 36693-5039
- Investment properties
- 2,745 SF
- 2.70 lot acres
Current Use by Public Records
- Trackside The Putting Place / Miniature Golf Course
Property Details for 5103 Girby Rd
- Year built
- 1980
- Lot size
- 2.70 lot acres
- Property size
- 2,745 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 33 05 15 1 000 005.03X
- APU
- 330515100000503X
Description
This exceptional investment opportunity presents the acquisition of Trackside Putt Putt, a well-established family entertainment center located at 5103 Girby Rd, Mobile, Alabama, 36693. Boasting a substantial 117,528 square feet of space within a single, one-story building, this property is zoned Commercial B-3, ensuring flexibility and potential for future expansion. The asking price is $350,000. The property's APN is 330515100000503x. This turnkey operation is ideal for an investor seeking a proven, profitable business in a high-traffic area. The existing infrastructure provides a solid foundation for continued success, offering significant potential for increased revenue and return on investment. The business is categorized as Sports/Entertainment, catering to families and individuals seeking recreational activities. The property's prime location in Mobile County, Alabama, ensures easy accessibility and high visibility. This is a rare opportunity to acquire a well-established business with significant growth potential in a thriving market. The substantial square footage allows for ample space for operations and potential future development or expansion of the existing business model. Serious inquiries are encouraged to explore this lucrative investment opportunity further.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $285,000
- 6.5%
- $280,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $225,000
- Geo Method
- $265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $245,000
- Mixed-Use
- $220,000
- Hospitality
- $205,000
- Educational
- $270,000
- Residential Income
- $225,000
- Energy
- $230,000
- Income-Based Land
- $230,000
- Food Service
- $210,000
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.1592
- Latitude
- 30.618
- CBSA code
- 33660
- CBSA name
- MOBILE, AL METROPOLITAN STATISTICAL AREA