601 Bel Air Blvd Mobile, AL 36606
- Office buildings
- 28,400 SF
- 0.93 lot acres
Current Use by Public Records
- Kredit Konnection LLC / Business Management Consultant / Bookkeeping Service
- Lower Alabama Heating, Cooling, and Refrigeration / Air Conditioning Contractor / Air Conditioning Repair Service
- Preferred Care at Home of South Alabama / Home Help Service Agency / Home Health Care Service
- Mobile Area Black Chamber of Commerce / Business To Business Service / Non-Profit Organization
- Foster Financial Services / Financial Planner
Property Details for 601 Bel Air Blvd
- Year built
- 1973
- Lot size
- 0.93 lot acres
- Property size
- 28,400 SF
- Property type
- Office buildings
- APN
- 29 09 30 2 000 038.XXX
- APU
- 2909302000038XXX
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $705,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $785,000
- 6.5%
- $840,000
- 7%
- $760,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $895,000
- Geo Method
- $870,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $870,000
- Retail
- $835,000
- Mixed-Use
- $795,000
- Hospitality
- $720,000
- Educational
- $695,000
- Residential Income
- $935,000
- Energy
- $840,000
- Income-Based Land
- $835,000
- Food Service
- $705,000
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.1176
- Latitude
- 30.6696
- CBSA code
- 33660
- CBSA name
- MOBILE, AL METROPOLITAN STATISTICAL AREA
