Airport Boulevard

Retail-Commercial for Sale
Catylist Listing ID: 30699789
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Garden Center, Mixed Use, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 5,702 SF
Gross Land Area: 29,920 SF
Sale Price: $650,000 - 850,000
Unit Price: $114 - 149.07 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 4/6/2021

Overview / Comments

This property is 29,920 of total site area with an approximately 20,000 average daily traffic count on Airport Blvd alone. No traffic counts for Pinehill were available, but this is the main north/south through street for Airport Blvd, and Government Blvd.
The property has curb cuts on both Airport and Pinehill which is a light protected intersection. This provides a double right turn for East Bound Airport Boulevard and north bound Pinehill Dr. This area commonly referred to as “The Loop” has many corporate owned restaurants, and retail.
The building is a 5,702 square foot space suitable for build-out to single or multi-unit space. There is more than adequate existing parking to support this use.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: R022909291001086.
Property Visibility: Excellent
Largest Nearby Street: Pinehill Rd
Feet of Frontage: 187
Traffic/Vehicle Count: 20,000
Highway Access: The subject fronts Airport Boulevard at Pinehill Road; between I-65 and downtown.
Site Description: The property is a 187'x160' rectangular site with 187 front feet along Airport Blvd and 160' along Pinehill Rd
Area Description: The subject is located in the Loop area of Midtown, across from Foosakly's and Mobile Police Department Headquaters
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1974
Year Renovated: 1993
Parking Type: Surface
Zoning Description: B-2
Lot Frontage: 187
Lot Depth: 160
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOTS 10, 11, 12 & 13 BLK 2 GOVT ST HGTS DBK 124 P 219 MORE PARTIC DESC AS COMG AT SE COR AIRPORT BLVD AND PINEHILL DR SD COR BEING NW COR OF SAID LOT 13 BLK 2 OF GOVT ST HGTS RUN ELY ALG S/L AIRPORT BLVD & ALG N/L LOTS 13, 12 & 10 BLK 2 DIS 187 FT TO NE COR OF SAID LOT 10 BLK 2 TH WITH INT ANG 89 DEG 02 MIN RUN SLY ALG E/L OF SAID LOT 10 BLK 2 DIS 160 FT TO SE COR OF SAID LOT 10 BLK 2 TH WITH INT ANG 90 DEG 58 MIN RUN WLY ALG S/L LOTS 10,11,12, & 13 BLK 2 DIS 187 FT TO SW COR OF SAID LOT 13 BLK 2 SAID COR BEING ON E R/W/L OF PINEHILL DR TH WITH INT ANG 89 DEG 02 MIN RUN NLY ALG W/L SAID LOT 13 BLK 2 & ALG SAID E/L PINEHILL DR 160 FT TO POB #SEC 29 T4S R1W #MP29 09 29 1 001

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,779 89,888 160,540
Median Age: 34.82 35.12 36.63
Households: 5,492 36,517 64,410

Contact

Photograph of Listing Agent

Donald Holyfield

The Holyfield Company Gulf Coast CMLS Member
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