COMMERCIAL SITE

Hospitality for Sale
Catylist Listing ID: 30840660
Property Subtypes: Convention Center, Hotel, Inn, Motel, Other
Number of Units: 4 Units
Building Size (RSF): 48,000 SF
Gross Building Area: See Agent
Gross Land Area: 5.20 Acres
Sale Price: $5,900,000
Unit Price: $1,475,000 Per Unit
Property Use Type: Vacant/Owner-User
Building Name: GRACE POINTE CHURCH
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/12/2024

Overview / Comments

Active church congregation wanting to relocate. The site/location is very exceptional and this constitutes the real value. Within the last 2 years, USA has added a newly constructed SPORTS COMPLEX AND FOOTBALL STADIUM. A new intersection was created when the USA added a new drive (John Counts Dr) leading directly to the Sports Complex & Parking. The church property is in the South East corner of the new intersection with 341' on Old Shell Rd., 658' on Foreman Rd. and 450 on Dickens Ferry Rd. or a total of 1450' of Paved Street Frontage. The site consist of 5.2 acres and faces paved streets on 3 sides. An Ideal location for a Hotel, Medical Complex, Educational and other University related use. There are 3 main improvements consisting of: Sanctuary/classrooms 21,996 SF; Office/ Gym area 20,000 SF; Parsonage 941 SF; Workshop 720 SF. To my knowledge there is not any other acreage available with frontage on 3 streets adjacent to USA CAMPUS/SPORT COMPLEX. The Replacement cost for the building was appraised in 2020 for $4,859,595. Values have risen considerably in the last 3 years. The current condition overall is excellent. And the Church has remodeled the Sanctuary in the last 8 years.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2804173000056XXX
Retail Clientele: General, Business, Convention, Other
Property Located Between: OLD SHELL RD AND AIRPORT BLVD
Property Visibility: Excellent
Largest Nearby Street: OLD SHELL ROAD
Feet of Frontage: 1,450
Highway Access: WITHIN ONE MILE OF AIRPORT BLVD
Airports: 3 MILES WEST
Site Description: AT THE INTERSECTION OF OLD SHELL RD & FOREMAN RD AND NEW ACCESS ROAD(JOHN COUNTS DR) LEADING TO FOOTBALL STADIUM
Area Description: ADJACENT TO USA SPORTS COMPLEX AND FOOTBALL FIELDS
Nearby Attractions: USA FOOTBALL AND OTHER SPORTING EVENTS
Total Number of Buildings: 4
Number of Stories: 2
Property Condition: Excellent
Construction/Siding: Brick
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,180 67,171 141,379
Median Age: 30.5 36.27 36.17
Households: 4,215 27,794 56,998

Contact

Photograph of Listing Agent

Sam Page

Bellator Real Estate and Development Mobile
Gulf Coast CMLS Member
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