C-STORE Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30437424
Property Subtypes: Convenience Store, Free-Standing Building
Building Size (RSF): 1,310 SF
Gross Building Area: See Agent
Sale Price: $400,000
Unit Price: $305.34 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/7/2019

Overview / Comments

Dauphin Island Parkway former convenience store being sold in
" AS IS " condition with another former store located at 950 Montlimar Drive in Mobile. Almost one acre paved lot with little value given to metal building structures with eight gasoline dispensers and UST's on site. Corner location. Zoned B-2. Part of a foreclosure sale. Environmental study on file from Payne Environmental Services. Per their report " Based on the investigations, as previously discussed ( in the report ) , this assessment has revealed no evidence of recognized environmental conditions in connection with the subject property". Page 1 of the report states " Based on the information obtained from ADEM UST inspectors, the subject property appears to be in compliance with Alabama Department of Environmental Management
( ADEM) regulations.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: R023206400002006.
Zoning: B-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,512 24,437 81,572
Median Age: 36.11 34.72 35.92
Households: 2,516 8,918 32,818


Photograph of Listing Agent

David Valletto, SIOR

Beck Partners CRE, LLC Gulf Coast CMLS Member
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