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Property summary
Palmetto Square offers 5,000 square feet of prime retail space for lease, situated on Mobile's Schillinger Road, a main retail corridor. This single-building property features two available spaces, each a minimum of 2,500 contiguous square feet. The location boasts exceptional visibility and high traffic counts exceeding 40,000 vehicles daily. This is an excellent opportunity for businesses seeking a prominent location with significant foot traffic. The property benefits from its strategic… position directly across the street from a newly constructed Aldi grocery store, a Panda Express restaurant, and a new apartment complex, ensuring a strong customer base and high potential for business success. The available space is ideal for a variety of retail uses, providing ample room for a diverse range of businesses to thrive. The property's location on a major thoroughfare guarantees significant exposure to potential customers, making it an attractive option for businesses seeking maximum visibility and accessibility. Interested parties should inquire for further details and leasing options. The total vacant space is 5,000 square feet, divisible into units of at least 2,500 square feet.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,567 SF
- Lot area
- 0.55 ac
- Year built
- 1979
- Stories
- 1
- APN
- 28 03 07 3 000 016.003
- Assessed value · 2023
- $39,300
- Annual tax · 2023
- $1,906
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $1,906
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Mobile market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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