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Property profile & analytics
FOR LEASE
Investment properties

6941 Bellingrath Rd Theodore, AL 36582

10,080 SF 0.99 ac lot Built 2006
Entity Owned 4-yr Hold Free & Clear
Property ID
US03-0922136
Property summary
AI-generated overview

This exceptional free-standing, mixed-use retail building, located at 6941 Bellingrath Rd in Theodore, Alabama, offers 5,082 square feet of space on a 0.97-acre lot. Built in 2006, the single-story building features 40 parking spaces and boasts excellent visibility at the corner of Hwy 90 and Bellingrath Rd, with an estimated daily traffic count of 27,000 vehicles. Currently, there are approximately 3,150 square feet divisible into smaller spaces, with a minimum divisible unit of 1,582 square feet. The property is well-maintained and benefits from a pylon sign and a traffic signal for easy access. Its prime location is within 1.5 miles of Theodore High School, Burroughs Elementary School, and Nan Grey Davis, ensuring high foot traffic and visibility. The asking rate is $13.50 per square foot, plus an estimated $2.00 per square foot for CAM, taxes, and insurance. The property's APN is 3802033000019.000 and is situated in Mobile County, Alabama, zip code 36582. This location offers convenient access to nearby amenities, including an Exxon gas station and Stop Shop. The property is ideal for a variety of retail or office uses.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2006
Total area 10,080 SF
Lot 0.99 ac (42,907 SF)
APN 38 02 03 3 000 019.XXX
UPID US03-0922136
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.91M
CAP Approach CAP
$2.07M
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.76M
Owner & transaction history
S&h Investments LLC · 4 yrs held
S&h Investments LLC
since 2021
Last sale
$1.7M
3 recorded transactions
2021
$1.7M
2014
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.0M +129.3%
Restaurant $1.9M +116.6%
Retail stores $1.7M +94.9%
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