6345 Airport Blvd Mobile, AL 36608
- Investment properties
- 22,225 SF
- 1.26 lot acres
Current Use by Public Records
- barre3 / Pilates Studio / Yoga Studio
- Hair To Dye For / Beauty Salon
- Metro Infusion Center / Medical Office / Medical Center
- Quest Diagnostics / Drug Testing Service / Hiv Testing Center
- Wild Birds Unlimited of Mobile / Bird Shop
Property Details for 6345 Airport Blvd
- Year built
- 1986
- Lot size
- 1.26 lot acres
- Property size
- 22,225 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 28 05 21 3 001 086.XXX
- APU
- 2805213001086XXX
Description
This exceptional retail property, located at 6345 Airport Boulevard in Mobile, Alabama (zip code 36608), presents a compelling investment opportunity. The center boasts a total of 33,395 square feet, currently housing a diverse mix of tenants including established businesses like Taco Mama and Buffalo Wild Wings, creating a vibrant and successful shopping environment. The property is classified as Class C and is situated in Mobile County. Currently, there are four available retail spaces ranging in size from 1,200 to 1,830 square feet, totaling 1,300 square feet of vacant space. This presents a unique chance to acquire space in a well-established center with strong existing tenants, benefiting from the high visibility and foot traffic associated with this prime location. The property's multiple tenancy structure offers diversification and potential for strong rental income. The address is easily accessible, situated on Airport Boulevard, providing excellent visibility and convenient access for customers. This is an ideal opportunity for investors seeking to capitalize on the thriving retail market in Mobile, Alabama. The property's existing tenant mix and available space provide a solid foundation for future growth and profitability. Serious inquiries are encouraged to explore this promising investment opportunity further.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $825,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $695,000
- 6.5%
- $760,000
- 7%
- $840,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $815,000
- Geo Method
- $785,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $690,000
- Retail
- $675,000
- Mixed-Use
- $815,000
- Hospitality
- $795,000
- Educational
- $685,000
- Residential Income
- $695,000
- Energy
- $740,000
- Income-Based Land
- $635,000
- Food Service
- $805,000
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.1888
- Latitude
- 30.6764
- CBSA code
- 33660
- CBSA name
- MOBILE, AL METROPOLITAN STATISTICAL AREA