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    981 Corporate Dr S Mobile, AL 36607

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    981 Corporate Dr S Mobile, AL 36607


    • Retail properties & Spaces
    • 63,362 SF
    • 4.38 lot acres
    31,500 SF Warehouse with Rail Spur For Lease, Strategically Located! (Floor 1, Suite 6 - 12) For Lease
    $6 SF/Yr

    31,500 SF Warehouse with Rail Spur For Lease, Strategically Located! (Floor 1, Suite 6 - 12)

    31,500 SF Warehouse with Rail Spur For Lease, Strategically Located! (Floor 1, Suite 6 - 12)

    981 Corporate Dr S, Mobile, AL 36607
    View Listing
    Property ID
    US03-0724879
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,495,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Express Courier International / Freight Service / Logistics Company
    • Grimco Inc. / Big Box & Wholesale Store

    Property Details for 981 Corporate Dr S

    Year built
    1979
    Lot size
    4.38 lot acres
    Property size
    63,362 SF
    Property type
    Retail properties & Spaces
    APN
    29 03 07 3 000 005.06X
    APU
    290307300000506X

    Description

    This exceptional industrial property, located at 981 Corporate Dr S in Mobile, Alabama, offers 22,500 square feet of warehouse space within a larger 54,000 square foot building situated on a 63,000 square foot lot. Built in 1979 and renovated in 2020, the single-story structure boasts a 20-foot ceiling height, making it ideal for various industrial uses. The property features 12 loading docks, 4 drive-in ramps, and 6 floor-level truck levelers, ensuring efficient loading and unloading. Ample parking is available with 158 spaces. The property is zoned I-1 and benefits from a convenient rail spur, accessible via the AL Export Railroad. Its strategic location in the Central Business Park offers easy access to major transportation arteries, including Interstates 10 and 65, and is within close proximity to the Port of Mobile, Airbus, Brookley Aeroplex, Alabama State Docks, Austal Ship Building, and CSX Terminal Railway. The property also includes approximately 500 square feet of office space. Racking is negotiable. An adjacent 9-acre parcel is also available. This is a rare opportunity to secure a well-maintained, strategically located warehouse with excellent access to transportation and key industrial facilities in Mobile, Alabama.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,305,000
      ML approach
      $4,235,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,675,000
      Market price range: $2.68M - $7.27M
      AI Estimate
      $2,708,000
      Market price range: $2.27M - $7.14M
    • Alternative Use

      Use
      Estimation
      SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
      $4,555,000
      Current use
      COMMERCIAL (GENERAL)
      $5,350,000
      Change: +17% Conversion: Difficult
      WAREHOUSE, STORAGE
      $4,030,000
      Change: -12% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1193
    Latitude
    30.71
    CBSA code
    33660
    CBSA name
    MOBILE, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,746
    $57,240
    $253,720
    $310,960
    -
    $286,200
    $1,268,600
    $1,554,800
    View Listing
    More about this property
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