You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Investment properties

7251 Theodore Dawes Rd Theodore, AL 36582

3,030 SF 0.23 ac lot Built 2004
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US03-0926071
Property summary
AI-generated overview

Olympic Plaza, a prime retail center in Theodore, Alabama, offers exceptional opportunities for businesses seeking high visibility and convenient access. This single-story, 11,000 square foot building sits on a 0.96-acre lot with 54 parking spaces, providing ample room for customers and employees. The property boasts 100 feet of frontage on Theodore Dawes Road, strategically positioned near the intersection of Interstate 10 and Old Pascagoula Road, ensuring high traffic volume. Currently, 2,500 square feet of space is available, divisible into units as small as 1,000 square feet and up to a contiguous 1,500 square feet. The building features a 16-foot ceiling height and underwent renovations in 2021. The property is zoned County and its APN is R-02-33-09-31-4-000-086.003. Located just 1/2 mile from Interstate 10, Olympic Plaza benefits from excellent visibility and accessibility. A prominent pylon sign with digital advertising capabilities further enhances visibility. The center is situated near major retailers including Walmart Neighborhood Market, Rouses Market, Advance Auto Parts, Family Dollar, Ace Hardware, Walgreens, and numerous fast-food restaurants, creating a thriving commercial environment. Raw space is available, with the landlord providing a "vanilla box" condition including ceiling, lighting, a new ADA-compliant restroom, HVAC, and electrical systems. Construction is anticipated to begin in the fourth quarter of 2023. This is an exceptional opportunity for businesses seeking a high-traffic location in a rapidly growing area.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2004
Total area 3,030 SF
Lot 0.23 ac (10,193 SF)
APN 33 09 31 4 000 086.003
UPID US03-0926071
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dixie Designs LLC · 1 yrs held
Dixie Designs LLC
since 2025
4 recorded transactions
2025
$400,000
2023
Price N/A
2017
$34,950
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message