Saraland Retail Bldg

Retail-Commercial for Sale
Catylist Listing ID: 30044777
Property Subtypes: Street Retail
Building Size (RSF): 4,500 SF
Gross Building Area: See Agent
Gross Land Area: 20,000 SF
Sale Price: $445,000
Unit Price: $98.89 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/11/2017

Overview / Comments

This is a retail building that has great frontage and three storefront units, in the heart of Saraland.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $3,709 (Annual)
Potential Rental Income $45,000 (Annual)
Gross Operating Income $30,000 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2202102000011.004
Zoning: B2 GENERAL BUSINESS
Retail Clientele: General, Family, Business
Property Located Between: Second Ave and Craig Dr
Property Visibility: Excellent
Largest Nearby Street: Saraland Ave (Hwy 43)
Feet of Frontage: 100
Traffic/Vehicle Count: 19,480
Highway Access: Direct access to Saraland Ave (Hwy 43)
Site Description: Paved front and rear parking lot.
Area Description: In the heart of Saraland across from City Hall.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,500 SF
Property Condition: Good
Year Built: 1996
Roof Type: Flat
Exterior Description: Attractive building with three storefronts, wrought iron trim and front door parking.
Total Parking Spaces: 24
Parking Type: Surface
Parking Description: There are 24 parking spaces.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: B2
Lot Frontage: 100
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,088 14,881 47,641
Median Age: 38.85 38.14 37.74
Households: 2,061 5,854 17,937

Contact

Photograph of Listing Agent

Brent Cumbest

Milling Commercial Realty
Gulf Coast CMLS Member

Source

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