569 Wilson Ave Prichard, AL 36610-3929
This exceptional 5,888 square foot auto shop, situated on a 0.582-acre corner lot in Prichard, Alabama, presents a lucrative investment opportunity. Built in 1960, this single-story building offers ample space for a variety of automotive uses, with potential for expansion or subdivision. The property is ideally located on a busy highway, ensuring high visibility and accessibility for customers. Priced at $250,000, the asking price translates to $42.46 per square foot. The property's single-tenancy status provides flexibility for owner-users seeking a substantial workspace or investors looking for a strong return. The existing structure, previously used as a tire shop, provides a solid foundation for continued automotive operations or adaptation to other compatible businesses. Its prime location in the heart of Prichard, Mobile County, Alabama (zip code 36610), offers excellent access to a large customer base. The address is 569 S Wilson Ave. This is a rare opportunity to acquire a well-positioned commercial property with significant potential for growth and profitability.
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
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Risks
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