COMMERCIAL SITE
Hospitality
for Sale
Sale Pending
| Catylist Listing ID: |
30840660 |
| Property Subtypes: |
Convention Center, Hotel, Inn, Motel, Other
|
| Status: |
Pending |
| 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: |
GRACEPOINTE CHURCH |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/8/2024 |
Overview / Comments
MOTIVATED SELLER-BRING ALL OFFERS!!!
THE HOTTEST COMMERCIAL SITE IN MOBILE ALABAMA—ADJACENT TO LARGEST EMPLOYER OF PROFESSIONALS IN SOUTH AL!!!
The Site/location is Very Exceptional and This Constitutes the Real Value. USA is the largest Employer of Professionals in South Alabama! The USA HOSPITAL SYSTEM is a training Hospital for Doctors and Nursing. 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 SITE 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.- a Total of 1450' of Paved Street Frontage. The Site Consist of 5.2 Acres and has Paved Streets on 3 Sides. An Ideal Location for a Hotel, Medical Complex, Educational and Commercial Mixed Use and other University Related Use. There is Not Any Other Acreage Available With Frontage on 3 Streets Adjacent to Usa Campus/Sport Complex. An existing Church Congregation is Relocating outside the city limits. There Are 3 Main Improvements Consisting: Sanctuary/classrooms 21,996 Sf; Office/ Gym Area 20,000 Sf; Parsonage 941 Sf; Workshop 720 Sf. To My Knowledge 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. FOR ADDITIONAL INFO CALL SAM PAGE 251-605-8500.
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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: |
FRONTS ON 4 LANE OLD SHELL RD |
| 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 |
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 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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