Office Building For Sale

Office for Sale
Catylist Listing ID: 30001326
Property Subtypes: Office Building
Building Size (RSF): 28,400 SF
Gross Land Area: 41,645 SF
Sale Price: $1,399,000
Unit Price: $49.26 PSF
Property Use Type: Investment
Building Name: Executive Plaza
Class of Space: Class B
Usable Size (USF): 23,300 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2019

Overview / Comments

NEW PRICE on this four floor office building located on busy Bel Air Blvd, across from Wells Fargo Bank, Target and Bel Air Mall. The building has a new central HVAC, elevator, ample parking on all sides. The management offers tenants free janitorial service Monday-Friday and a meeting/banquet/conference room, at no charge. This building has very high visibility and easy access from all major streets, including Airport Blvd and I-65. The property is well maintained and offers the buyer a great income potential for the investment. Priced below market value, the owner is desiring to retire. Bring all offers on this valuable investment property.

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile County
Tax ID/APN: R022909302000038.
Zoning: B3
Property Located Between: Off Airport Blvd on Bel Air Blvd, across from Wells Fargo Bank at Bel Air Mall.
Property Visibility: Excellent
Highway Access: Access from Airport Blvd, Cottage Hill Road and I-65.
Airports: Mobile Municipal Airport is approximately 15 miles from property.
Site Description: Building is located on Bel Air Blvd with ample parking on all four sides of building.
Area Description: The area has offices buildings, Bel Air Mall and Springdale Mall, several fast food and restaurants and the Marriott Hotel.
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 6,200 SF
Year Built: 1973
Roof Type: Flat
Construction/Siding: Steel Frame, Stucco
Exterior Description: Building has block exterior.
Parking Ratio: 31 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 48
Passenger Elevators: 1
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Lot Frontage: 200
Lot Depth: 203
Water Service: Municipal
Sewer Type: Municipal
Legal Description: COMG AT THE NE COR OF BEL AIR BLVD & COTTAGE HILL RD REC MBK 20/97, 97A THROUGH 97C TH ALG THE E R/W/L OF SD BEL AIR BLVD RUN N 30 DEG 38 MIN W 52.04 FT TO TH P.C. OF A CUR TO THE RIGHT HAVING A CENTRAL ANG OF 30 DEG 34 MIN & A RAD OF 247.76 FT TH CONT ALG SD E LINE OF BEL AIR BLVD & ALG THE ARC OF SD CUR RUN 132.18 FT TO THE PT OF TANG (PT) OF A CUR ON THE E ROW LINE OF BEL AIR BLVD TH ALG SD E R/W/L NO DEG 04 MIN 141.30 FT TO THE POB OF THE PPTY HEREIN DESC TH CONT NO DEG 04 MIN W ALG SD E R/W/L 203 FT TO A PT TH N 89 DEG 56 MIN E 200 FT TO A PT TH S 0 DEG 01 MIN 22 SEC E 203 FT TO A PT TH S 89 DEG 56 MIN W 199.68 FT TO THE POB #SEC 30 T4S R1W #MP29 09 30 2 000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,078 91,303 182,907
Median Age: 35.57 35.22 36.59
Households: 3,508 37,410 74,320

Contact

Photograph of Listing Agent

Donnie Parden

EXIT Realty Lyon - Mobile Gulf Coast CMLS Member
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