Technical
Financial
Distress signals
Property profile

720 Schillinger Rd S Mobile, AL 36695

FOR LEASE
Banks
Property ID
US03-0600268
4,376 SF 0.82 ac lot Built 1998
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a 1,000-square-foot end-cap retail space located on Schillinger Road in a retail corridor in West Mobile, Alabama (Mobile County, zip 36695). It is part of a shopping center totaling 19,350 square feet on an 84,600-square-foot lot and includes 102 parking spaces, calculated at approximately 5.3 spaces per 1,000 square feet. Access is provided via a traffic light on Old Government Street. The space is configured for retail use within the center and is offered under an NNN lease structure; the shopping center has multiple tenant occupants including AT&T, AAA of Alabama, and Domke Market. The location is positioned near Providence Hospital and Mobile Regional Airport and is within the vicinity of large retail anchors such as Super Target, Super Walmart, Home Depot, and Kohl's.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1998
Total area 4,376 SF
Lot 0.82 ac (35,893 SF)
APN 28 03 07 3 000 001.003
UPID US03-0600268

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service
  • (Bike/Boat/Book/etc) Store
  • Bank Loan Service
  • Bar & Pub
  • Specialty Food Shop (Bike/Boat/Book/etc) Store

Location

720 Schillinger Rd S Mobile, AL 36695
Mobile metro Census 6402 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2019
3 recorded transactions
2022
Price N/A
2020
Price N/A
2019
$1.3M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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