Technical
Financial
Distress signals
Property profile

7899 Cottage Hl Rd Mobile, AL 36695

OFF-MARKET
Turn key restaurants
Property ID
US03-0893539
7,842 SF 0.65 ac lot Built 2011
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A retail property, located at 7899 Cottage Hill Rd in Mobile, Alabama, presents a compelling investment opportunity. The 7,250 square foot building sits on a 0.654-acre lot and boasts a 100% occupancy rate with two tenants: Amici Trattoria, Wine Bar, & Market and Mob Boss Pizzeria. Built in 2011, this single-story structure features 48 parking spaces and benefits from a prime location on a high-traffic corner, offering excellent visibility and accessibility. The property is situated on an outparcel of a 70,000 square foot shopping center anchored by Club4 Fitness, and enjoys proximity to other popular retailers including Whataburger, Foosackly's, and a Walmart Supercenter. The property is zoned for County use and offers a Net Lease (NNN) structure with rent bumps included. The asking price is $1,699,000, representing a compelling 8.12% cap rate and a price per square foot of $234.34. The strong tenant mix, high occupancy, and desirable location make this a truly exceptional investment opportunity with a projected NOI of $137,926. Lease options are available. The property is fee simple ownership. The occupancy date is July 9th, 2024.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2011
Total area 7,842 SF
Lot 0.65 ac (28,358 SF)
APN 34 01 01 4 000 002.004
UPID US03-0893539

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
  • Bar & Pub Restaurant
  • Restaurant

Location

7899 Cottage Hl Rd Mobile, AL 36695-4168
Mobile metro Census 6804 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.00M
Blend (final) Blend
$1.75M

Owner & transaction history

since 2022
Last sale
$1.6M
2 recorded transactions
2022
$1.5M
2010
$325,000

Zoning & alternative use

Top alternative use upside
Retail stores $1.6M +2.9%

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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