601 Bel Air Blvd Mobile, AL 36606-3513
This exceptional four-story, 28,400 square foot building, situated at 601 Bel Air Boulevard in Mobile, Alabama, presents a unique investment opportunity. Built in 1973, this mixed-use property boasts a prime location on a busy thoroughfare, offering excellent visibility and convenient access to I-65, Government Boulevard (State Highway 90), Airport Boulevard, and Cottage Hill Road. Its strategic placement across from Bel Air Mall ensures high foot traffic and brand recognition. The property is currently vacant, allowing for complete customization to suit a diverse range of businesses. Flexible floor plans cater to various needs, with spaces ranging from 100 to over 1,800 square feet. Previous tenants have included law offices, accounting firms, beauty salons, healthcare providers, real estate agencies, and more, demonstrating the building's adaptability. The property sits on a 0.956-acre lot and is zoned B-3. The asking price is $999,999, with the owner offering financing options for up to 50% of the sale price. This presents a compelling opportunity for owner-occupancy or investment. The property's versatility makes it suitable for a wide array of uses, including but not limited to art studios, nail salons, jewelry shops, IT services, bistros, and tutoring centers. A virtual tour is available online. The APN is 2909302000038.
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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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.