Professional Office Building for Sale

Office for Sale
Catylist Listing ID: 30568564
Property Subtypes: Business Park, Office Building
Building Size (RSF): 2,500 SF
Gross Land Area: 7,400 SF
Sale Price: $275,000
Unit Price: $110 PSF
Property Use Type: Investment, Business
Building Name: Grelot Professional Park, Building C
Class of Space: Class A
Usable Size (USF): 2,500 SF
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Average Occupancy Rate: 100
Last Updated: 2/21/2020

Overview / Comments

Fully-leased office building of approximately 2,500 SF, located in convenient Grelot Professional Park. This well-maintained and attractive property would make a great investment. Tenants include Rebound Rehab and REACH Kidney Care.

Attachments & Media

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: City of Mobile
Tax ID/APN: R022808284002133.003.
Zoning: B-1
Property Located Between: University Blvd. and Hillcrest Rd.
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,500 SF
Exterior Description: Brick exterior with separate entrances to each unit.
Parking Description: Shared parking in complex, with plenty of parking available in front of each entrance.
Heat Type: Electricity
Heat Source: Central
Zoning Description: B-1
Part of Planned Development?: Yes
Lot Frontage: 74
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal
Easements: Pipelines, Electric Lines, Ingress/Egress, Utilities
Easements Description: Professional park with shared parking, and various utility easements
Land Ownership: Private owner - CAM LLC
Legal Description: Parcel Key 02280472, Parcel ID R0228084002133.003

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,210 83,073 157,842
Median Age: 37.66 36.72 36.92
Households: 4,841 35,462 64,095


Photograph of Listing Agent

Jill Meeks

Stirling Properties Mobile Mobile, AL 36602
Gulf Coast CMLS Member
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