Mobile and Baldwin County Office Properties for Lease and For Sale

advertisement
Baldwin County Association of REALTORS®
908 Plantation Blvd., Fairhope, Al 36532
Website: http://www.southalabamamls.com
Telephone: 251-928-1708 Fax: 251-928-1046
E-mail: Marthataylor@baldwinrealtors.org
Baldwin County Association of REALTORS® Newsletter
Mobile and Baldwin County
Office Properties for
Lease and For Sale
Winter 2012
“Data you can use.”
“Education you can use”
This report is available on the Center for Real Estate Studies (CRES) website:
http://cres.southalabama.edu/
University of South Alabama
Mitchell College of Business
Center for Real Estate Studies
USA takes reasonable measures to ensure the quality of the data and other information produced. However, USA
makes no warranty, express or implied, nor assumes any legal liability or responsibility for the accuracy,
correctness, or completeness of any information, nor represents that its use would not infringe on privately owned
rights. Reference to any specific commercial product, process, or service does not constitute an endorsement,
recommendation, or favoring by USA.
Baldwin County Association of REALTORS®
908 Plantation Blvd., Fairhope, Al 36532
Website: http://www.southalabamamls.com
Telephone: 251-928-1708 Fax: 251-928-1046
E-mail: Marthataylor@baldwinrealtors.org
Baldwin County Association of REALTORS® Newsletter
Introduction
The following report is one of four commercial reports generated by the Mitchell
College of Business Center for Real Estate Studies. This report contains information
for Winter 2012 Office Properties
Readers should remember that the data covers advertised "for lease" and "for sale"
data only. Final Sale information is excluded.
The information source for the Industrial data is the Commercial Property Directory,
Birmingham, AL. www.commercialpropertydirectory.com
In addition to the Office report, three other commercial reports (Land, Industrial
and Retail) can be found on the Center for Real Estate Studies website:
http://cres.southalabama.edu
Note: This data covers only properties advertised for lease and for sale as an indication
of current market activity. They do not represent the total inventory. For example, the
building s.f. represents only buildings that are advertised with available space. Owneroccupied property is excluded, also.
For additional information, please contact:
Don Epley, Director, Center for Real Estate Studies
Phone: (251 ) 460-6735
Email: depley@usouthal.edu
The data for this report was completed by:
Susan Grimsley, Research Associate
Mitchell College of Business
Baldwin County Association of REALTORS®
908 Plantation Blvd., Fairhope, Al 36532
Website: http://www.southalabamamls.com
Telephone: 251-928-1708 Fax: 251-928-1046
E-mail: Marthataylor@baldwinrealtors.org
Baldwin County Association of REALTORS® Newsletter
Mobile and Baldwin County Office Properties
For Lease and For Sale
Winter 2012
Table of Contents
Introduction
Page - 2
Report Summary
Page - 4
List of Zip Codes
Page - 5
Table 1: Asking Lease Rate per Square Foot (S.F.) by Zip Code
Page - 7
Table 2: Vacancy Rate by Property Selective Statistics
Page - 12
Table 3: Total Market of Office Properties Advertised for Lease
Page - 17
Table 4: Advertised Sales Price per S.F. by Zip Code
Page - 27
Table 5: Sales Price per S.F. by Zip Code
Page - 31
Table 6: Total Market of Office Properties Advertised for Sale
Page - 35
Baldwin County Association of REALTORS®
908 Plantation Blvd., Fairhope, Al 36532
Website: http://www.southalabamamls.com
Telephone: 251-928-1708 Fax: 251-928-1046
E-mail: Marthataylor@baldwinrealtors.org
Baldwin County Association of REALTORS® Newsletter
Report Summary
2012 Advertised Office Properties for Lease:
Total Properties Listed ……………………..… 179
Asking Lease Rate per S.F. …………………. Median $12.00 on 119 Properties Reporting
Total S.F. …………………………………………….. Median 6,000 on 129 Properties Reporting
Total S.F. ………………………………………….. 2,569,487 on 129 Properties Reporting
Total Available S.F. ……………………………… 1,092,867 on 156 Properties Reporting
Available S.F. …………………………………………Median 3,570 on 156 Properties Reporting
2012 Advertised Office Properties for Sale:
Total Properties Listed …………………………114
Sales Price ……………………………………………Median $439,000 on 111 Properties Reporting
Building S.F. ………………………………………… Median 6,000 on 75 Properties Reporting
Sales Price per Building S.F. ………………… Median $81.16 on 72 Properties Reporting
Site S.F. ………………………………………………. Median 5,070 on 89 Properties Reporting
Sales Price per Site S.F. …………………………Median $80.12 on 86 Properties Reporting
Baldwin County Zip Codes and Area Code
Zip Code
City
Area Code
36502
36507
36511
36526
36527
36530
36532
36535
36542
36549
36550
36551
36555
36561
36562
36567
36574
36576
36578
36579
36580
Atmore
Bay Minette
Bon Secour
Daphne
Spanish Fort
Elberta
Fairhope
Foley
Gulf Shores
Lillian
Little River
Loxley
Magnolia Springs
Orange Beach
Perdido
Robertsdale
Seminole
Silverhill
Stapleton
Stockton
Summerdale
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
Baldwin County Association of REALTORS®
908 Plantation Blvd., Fairhope, Al 36532
Telephone: 251-928-1708 Fax: 251-928-1046
Website: http://www.southalabamamls.com
E-mail: Marthataylor@baldwinrealtors.org
Baldwin County Association of REALTORS® Newsletter
Mobile and Baldwin County Office Properties
Advertised For Lease
Winter 2012
Table 1.
Asking Lease Rate per S.F. by Zipcode
Zip Code
36507
36606
36610
36526
36606
36610
36507
36507
36507
36507
36507
36507
36507
36507
36526
36526
36526
36526
36526
36526
36532
36532
36532
36532
36532
Asking
Lease S.F.
Total
Advertised
S.F.
1,200
$12.00
$12.00
$25.00
$2.75
$4.85
$11.00
$7.00
$9.60
$11.08
$10.00
14,271
3,500
60,000
7,300
3,540
3,540
3,540
3,540
3,540
7,440
4,821
589
2,612
5,000
2,100
1,500
2,243
1,300
3,200
12,500
36532
36532
36535
36535
36535
36535
36542
36651
36609
36606
36602
36602
36602
36602
36602
36602
36695
36609
36618
36606
36608
36606
36609
36606
36609
36606
36602
36695
36693
36695
36609
36606
36609
36609
36688
36695
36695
36602
36609
36609
36606
$15.50
$19.50
$12.00
$10.70
$10.67
36,566
5,070
6,000
7,898
$5.50
$10.00
$17.50
$17.50
$3.50
$10.50
$16.00
$12.00
$16.00
$10.00
$17.00
$12.00
$12.99
$13.33
$12.50
$10.00
$10.00
20,000
80,000
14,500
40,000
13,200
7,716
105,226
29,070
174,321
4,060
8,946
1,800
4,740
10,300
7,700
2,040
$5.00
$13.50
$13.50
$14.00
$14.00
$14.00
$18.00
$9.20
$12.00
$8.00
$10.00
$13.50
$10.00
8,000
1,040
127,766
117,565
55,944
99,616
3,696
3,250
19,000
11,100
36602
36695
36603
36602
36602
36619
36606
36605
36693
36606
36606
36693
36609
36606
36606
36607
36607
36608
36695
36602
36609
36609
36609
36609
36609
36609
36602
36609
36602
36608
36693
36602
36693
36606
36602
36602
36693
36693
36602
36603
36606
$14.00
$10.45
12,132
4,932
20,000
$16.00
$12.00
$3.00
$10.00
$5.96
$4.50
2,000
5,600
200,000
770
9,060
9,600
$6.38
$8.07
$8.50
$8.50
$10.00
$15.00
$14.00
$12.00
$58.00
$16.00
$15.00
$15.00
$6.00
$12.00
$16.00
$8.50
$14.00
13,000
9,570
9,570
4,263
3,388
2,040
5,000
50,000
25,000
3,600
6,000
1,200
7,000
9,200
12,000
$16.00
$16.00
$12.00
284,000
1,500
4,800
36606
36602
36695
36619
36602
36606
36606
36606
36609
36602
36606
36693
36606
36602
36602
36607
36693
32577
36561
36567
36571
36590
36526
36609
36609
36527
36582
36526
36527
36526
36526
36532
36532
36536
36535
36535
36535
36535
36606
36606
36609
$10.28
$10.63
1,400
2,820
$7.00
7,500
$12.00
$14.00
$14.50
$14.25
$13.00
$17.50
$25.00
1,500
55,276
55,276
60,000
94,500
55,276
4,000
6,824
39,000
5,600
4,885
40,000
3,020
1,788
$12.00
$9.00
$4.50
$12.00
$16.00
$9.78
$2.50
6,000
12,000
4,400
6,000
12,000
4,150
1,533
1,533
7,625
1,170
$8.00
12,000
1,800
$12.00
$9.14
$6.00
$14.00
$13.00
6,560
32,391
2,150
3,795
36618
36695
36609
36693
36695
36618
36609
36609
36608
36606
36602
36609
36606
36619
36607
36561
36567
36567
36567
36571
36571
36619
36582
36582
36582
36582
36532
36532
36535
36551
36572
Median
Properties
Reporting
$10.67
$13.25
$10.00
$8.67
$12.00
$6.98
$1.17
$5.91
$12.00
$10.00
$11.32
$12.00
$10.00
$12.00
1,836
27,000
4,000
1,800
7,750
3,048
5,000
21,800
6,000
3,600
1,200
$4.00
$13.25
$11.00
$8.40
$8.00
$8.00
6,300
$12.00
$12.00
8,750
3,100
7,600
5,700
9,000
3,600
6,000
119
129
$15.00
$10.00
Baldwin County Association of REALTORS®
908 Plantation Blvd., Fairhope, Al 36532
Telephone: 251-928-1708 Fax: 251-928-1046
Website: http://www.southalabamamls.com
E-mail: Marthataylor@baldwinrealtors.org
Baldwin County Association of REALTORS® Newsletter
Mobile and Baldwin County Office Properties
Advertised For Lease
Winter 2012
Table 2.
Calculated Vacancy Rate by Zipcode
Zipcode
36507
36606
36610
36526
36606
36610
36507
36507
36507
36507
36507
36507
36507
36507
36526
36526
36526
36526
36526
36526
36532
36532
36532
36532
36532
Total
Advertised
S.F.
1,200
14,271
3,500
60,000
7,300
3,540
3,540
3,540
3,540
3,540
7,440
4,821
589
2,612
5,000
2,100
1,500
2,243
1,300
3,200
12,500
Calculated
Advertised
Vacancy Rate
Available S.F.
(%)
3,000
7,276
4,666
3,500
60,000
2,400
1,260
7,300
3,540
3,540
3,540
3,540
3,540
32.70%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
4,821
100.00%
2,612
2,500
2,100
1,500
2,243
1,300
3,200
12,500
100.00%
50.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
36532
36532
36535
36535
36535
36535
36542
36651
36609
36606
36602
36602
36602
36602
36602
36602
36695
36609
36618
36606
36608
36606
36609
36606
36609
36606
36602
36695
36693
36695
36609
36606
36609
36609
36688
36695
36695
36602
36609
36609
36606
36,566
5,070
6,000
7,898
20,000
80,000
14,500
40,000
13,200
7,716
105,226
29,070
174,321
4,060
8,946
1,800
4,740
10,300
7,700
2,040
8,000
1,040
127,766
117,565
55,944
99,616
3,696
3,250
19,000
11,100
2,012
11,000
2,579
2,579
2,579
6,000
7,898
9,000
4,800
8,400
1,900
3,690
3,300
7,716
10,210
22,993
4,060
1,708
8,946
1,800
4,740
7,300
4,620
2,040
50,000
1,260
3,150
1,040
11,145
11,531
3,869
12,466
25,000
1,957
3,250
4,100
2,550
910
1,000
30.08%
50.87%
100.00%
100.00%
24.00%
10.50%
13.10%
25.00%
100.00%
35.12%
13.19%
100.00%
100.00%
100.00%
100.00%
70.87%
60.00%
100.00%
39.38%
100.00%
8.72%
9.81%
6.92%
12.51%
52.95%
100.00%
21.58%
22.97%
36602
36695
36603
36602
36602
36619
36606
36605
36693
36606
36606
36693
36609
36606
36606
36607
36607
36608
36695
36602
36609
36609
36609
36609
36609
36609
36602
36609
36602
36608
36693
36602
36693
36606
36602
36602
36693
36693
36602
36603
36606
12,132
4,932
20,000
2,000
5,600
200,000
770
9,060
9,600
13,000
9,570
9,570
4,263
3,388
2,040
5,000
50,000
25,000
3,600
6,000
1,200
7,000
12,132
4,932
9,800
20,000
10,000
2,000
5,600
100.00%
100.00%
770
9,060
2,400
1,050
3,200
2,300
5,200
9,570
9,570
1,475
3,388
2,040
7,769
11,985
8,850
5,000
11,600
7,350
25,000
1,800
1,500
750
1,200
62,632
7,000
100.00%
100.00%
25.00%
100.00%
100.00%
100.00%
40.00%
100.00%
100.00%
34.60%
100.00%
100.00%
100.00%
23.20%
100.00%
50.00%
25.00%
100.00%
100.00%
9,200
18,000
12,000
284,000
1,500
4,800
60,000
1,500
1,200
21.13%
100.00%
25.00%
36606
36602
36695
36619
36602
36606
36606
36606
36609
36602
36606
36693
36606
36602
36602
36607
36693
32577
36561
36567
36571
36590
36526
36609
36609
36527
36582
36526
36527
36526
36526
36532
36532
36536
36535
36535
36535
36535
36606
36606
36609
1,400
2,820
7,500
1,500
55,276
55,276
60,000
94,500
55,276
4,000
6,824
39,000
5,600
4,885
40,000
3,020
1,788
6,000
12,000
4,400
6,000
12,000
4,150
1,533
1,533
7,625
1,170
12,000
1,800
6,560
32,391
2,150
3,795
2,820
6,300
7,500
100.00%
5,327
3,838
2,395
23,000
412
9.64%
6.94%
3.99%
24.34%
0.75%
6,824
100.00%
2,800
4,885
12,903
3,075
50.00%
100.00%
32.26%
1,788
100.00%
2,928
6,000
10,000
4,400
100.00%
83.33%
100.00%
100.00%
12,000
1,200
4,150
1,533
100.00%
7,625
1,170
13,000
100.00%
100.00%
1,800
1,500
6,560
32,391
2,150
2,530
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
66.67%
36618
36695
36609
36693
36695
36618
36609
36609
36608
36606
36602
36609
36606
36619
36607
36561
36567
36567
36567
36571
36571
36619
36582
36582
36582
36582
36532
36532
36535
36551
36572
Total
Median
Properties
Reporting
1,836
1,836
1,250
3,000
8,000
1,200
1,800
5,000
7,750
100.00%
3,048
5,000
21,800
530
1,500
3,100
1,800
3,600
100.00%
100.00%
100.00%
8.83%
1,200
20,000
1,750
4,300
1,050
2,600
100.00%
8,750
3,100
7,600
5,700
9,000
3,600
2,569,487
8,750
2,400
7,600
5,700
9,000
900
1,092,867
100.00%
77.42%
100.00%
100.00%
100.00%
25.00%
6,000
3,570
129
156
27,000
4,000
1,800
7,750
3,048
5,000
21,800
6,000
3,600
1,200
6,300
29.63%
30.00%
100.00%
100.00%
100.00%
16.67%
.
Baldwin County Association of REALTORS®
908 Plantation Blvd., Fairhope, Al 36532
Telephone: 251-928-1708 Fax: 251-928-1046
Website: http://www.southalabamamls.com
E-mail: Marthataylor@baldwinrealtors.org
Baldwin County Association of REALTORS® Newsletter
Mobile and Baldwin County Office Properties
Winter 2012
Total Market of Office Properties Advertised For Lease
Table 3.
Zip
Building Name
Code
36507
Location
2121 Hwy 59/31 3.1
2121 N Highway 59
Acres Commercial
36606 Executive Park (801) 801 Executive Park
36610
Property on Paper
Mill Road
City
Bay Minette
1
Ample
Mobile
2
Free
2201 Paper Mill Road
Mobile
36526 Daphne Plaza
905 Daphne Ave
Daphne
36606 Airport Boulevard
3156 Airport Boulevard
Mobile
1310 Telegraph
1310 Telegraph Road
Road
Corner of Hand
Hand Avenue/East 1st
36507
Avenue and East 1st Street
36610
36507 Cottage Office Park 2402 Hwy. 31 S.
Yr
Yr
#
Prkg
Built Reno Floors
1
1970
Mobile
1
Bay Minette
2
Total
S.F.
Price
S.F.
Avail
S.F.
1,200
$12.00
3,000
$12.00
7,276
Ample
14,271
4,666
Free
3,500
$25.00
3,500
Free
60,000
$2.75
60,000
2,400
Bay Minette
2004
40170 Hwy 59
Bay Minette
1982
36507 Move In Condition! 2402 Hwy. 31
Bay Minette
1
3,540
3,540
36507 Move In Condition! 2402 Hwy. 31
Bay Minette
1
3,540
3,540
36507
Hwy 59/31
office/warehouse
1,260
1
Ample
7,300
$4.85
7,300
Agent Info
Joe Steen
251-607-7880
Marl Cummings, Iii
(251) 476-6000
Pete Riehm
251-438-4312
Greg Stallings
251-377-2903
Terry Mckinney
251-460-0910
Mike Mcaleer
251-473-7517
Adam Metcalfe
(251) 432-2600
Sharon Wright
251-471-1000
Philip Hodgson
251-990-6622
Thomas Galloney
251-626-1970
Thomas Galloney
251-626-1970
36507 Move In Condition! 2402 Hwy. 31
Bay Minette
36507 Move In Condition!! 2402 Highway 31
Bay Minette
36507 Move In Ready!
Bay Minette
36526
Daphne 98 Office
Park
Former Daphne
Terminix
Manci Building Space B
28520 Hwy 98 Bldg.
for Lease
Daphne Office
Warehouse
OFFICE SPACE FOR
LEASE
910 Nichols Ave,
Fairhope, Al
2402 S. Highway 31
1
1
3,540
3,540
3,540
3,540
3,540
Highway 98
Daphne
26125 Capital Drive
Daphne
1
4,821
1745 Main Street
Daphne
1
589
28520 Hwy 98 S
Daphne
1985
1
2,612
2,612
25350 Friendship Rd
Daphne
2004
1
5,000
2,500
1208 Hwy. 98 Unit B
Daphne
1998
1
2,100
$7.00
2,100
910 Nichols Ave
Fairhope
1
1,500
$9.60
1,500
101 Lottie Lane
Fairhope
2007
2
Ample
2,243
19059 Greeno Rd.
Fairhope
2005
1
Ample
1,300
10090 U.S. Hwy 98
Fairhope
1980
1
Free
3,200
Taupeka Office
Building
329 Highway 98
Fairhope
1
Free
12,500
36532 Pelican Square
101 Lottie Lane
Fairhope
2007
411 N Section Street
Fairhope
2005
805 N. McKenzie St
36526
36526
36526
36526
36526
36532
36532 Pelican Square
36532
Fairhope
Professional Office
36532 Hwy 98 Office
36532
Visionary USA
Building
Heritage Oaks
36535
Professional Center
Heritage Oaks
36535
Professional Center
Heritage Oaks
36535
Professional Center
36532
Free
3,540
Free
7,440
Free
$11.00
4,821
2,243
$11.08
1,300
3,200
$10.00
12,500
$15.50
2,012
3
Free
36,566
$19.50
11,000
Foley
2
Free
5,070
$12.00
2,579
805 N. McKenzie St
Foley
2
Free
$10.70
2,579
805 N. McKenzie St
Foley
Free
$10.67
2,579
Thomas Galloney
251-626-1970
Thomas Galloney
251-626-1970
Thomas Galloney
251-626-1970
Matt Cummings
(251) 476-6000
Allan R. Cameron,
Jr. (251) 438-4312
Terry Mckinney
251-460-0910
Joe Steen
251-607-7880
Philip Hodgson
251-990-6622
Thomas Galloney
251-626-1970
David Cooper
(251) 639-4007
Philip Hodgson
251-990-6622
Philip Hodgson
251-990-6622
Philip Hodgson
251-990-6622
David Millstead
251-269-3664
Jeff Barnes
251-990-6622
Haran Hunter
251-981-2400
Philip Hodgson
251-990-6622
Philip Hodgson
251-990-6622
Philip Hodgson
251-990-6622
Hard Drive Office /
Warehous
Gulf Shores
36542
Professional Office
36535
36651 34009 Highway 59
9355 Hard Drive
956 Commerce Loop
Foley
Gulf Shores
2005
34009 Highway 59
Loxley
Suite E
Mobile
1980
2800 Dauphin Street
Mobile
1978
5 Dauphin Street
Mobile
1904
36602 305 Delchamps Dr.
305 Delchamps Drive
Mobile
36602 3 Dauphin Street
3 Dauphin Street
Mobile
Two South Water
Street
Two South Water
Street, 4th Floor
Mobile
36602 3 Dauphin Street
3 Dauphin Street
Mobile
36602 One St. Louis Centre 1 St Louis Street
Mobile
36695 Hillcrest Square
1000 Hillcrest Road
Mobile
36609 Montlimar Place
1110 Montlimar Drive
Mobile
36609
4318 Downtowner
Loop North
36606 Xante’ Center
36602
36602
THE BAYPORT
BUILDING
1854
2005
1985
1979
1
Free
6,000
6,000
1
Ample
7,898
7,898
1
$5.50
9,000
Free
20,000
$10.00
4,800
Free
80,000
$17.50
8,400
14,500
$17.50
1,900
40,000
$3.50
3
$10.50
3,690
4
Free
13,200
$16.00
3,300
2
Not
Availabl
7,716
$12.00
7,716
105,226
$16.00
29,070
$10.00
10,210
174,321
$17.00
22,993
4,060
$12.00
4,060
$12.99
1,708
1986
1986
36618 Moffett Road (3828) 3828 Moffett Road
Mobile
1
36606 Heron Plaza
2504 Dauphin Street
Mobile
1
36608 660 Zeigler Circle E
660 Zeigler Circle E
Mobile
1987
1
8,946
36606 3252 Cottage Hill Rd 3252 Cottage Hill Rd
Mobile
1992
1
1,800
$13.33
1,800
36609 709 Azalea Road
709 Azalea Road
Mobile
1999
2
4,740
$12.50
4,740
1563 Springhill Ave.
Mobile
10,300
$10.00
7,300
36606
Medical Office
Building
1
Ample
8,946
Jeff Barnes
251-990-6622
Philip Hodgson
251-990-6622
Adam Metcalfe
(251) 432-2600
David Stein
(251) 342-1968
Brian Metcalfe
(251) 432-2600
Brian Metcalfe
(251) 432-2600
Brian Metcalfe
(251) 432-2600
Ralph Neal, Iii
(251) 602-1403
Ralph Neal, Iii
(251) 602-1403
Ralph Neal, Iii
(251) 602-1403
John Toomey
251-342-7229
John Toomey
251-342-7229
John Toomey
251-342-7229
Matt Cummings
(251) 476-6000
Marl Cummings Iv
(251) 476-6000
David Cooper
(251) 639-4007
David Cooper
(251) 639-4007
David Cooper
(251) 639-4007
John Delchamps
(251) 476-0808
36609 Hillcrest Office Park
36606 2300 Airport Blvd.
304 Government
Street
851 E. I-65 Service
36695
Rd. S.
4080 Government
36693
Blvd.
7675-2 Cottage Hill
36695
Rd C-2
36602
6414 Hillcrest Park
Court
2300-C Airport
Boulevard
Mobile
2004
1
7,700
Mobile
$10.00
2,040
Mobile
851 E. Interstate 65
Service Rd. S.
Mobile
4080 Government Blvd
Mobile
7675-2 Cottage Hill Rd
C-2
Mobile
36609 Bel Air Park
2970 Cottage Hill Road
Mobile
1977
127,766
$13.50
11,145
36606 Hilton Square
3103 Airport Blvd.
Mobile
1985
117,565
$14.00
11,531
36609 University Place
Mobile
1985
Free
55,944
$14.00
3,869
36609
Mobile
1970
10
Free
99,616
$14.00
12,466
Mobile
2007
2
Free
$18.00
25,000
Mobile
2002
1
3,696
$9.20
1,957
Mobile
1999
1
3,250
$12.00
3,250
36688
36695
36695
36602
1962
1
2004
Free
$5.00
50,000
$13.50
1,260
8,000
3,150
1,040
1,040
1997
1
Free
19,000
$8.00
4,100
2002
2
Free
11,100
$10.00
2,550
Mobile
$13.50
910
36606 328 South Sage Ave. 328 South Sage Ave.
Mobile
$10.00
1,000
36602 Fort Conde Village
200, 206 S Royal Street
Mobile
7860 Cottage Hill Road
Mobile
36609
36609 Omni Park Drive
36695
Former Terminix
Building (CHR)
6159 Omni Park Drive
Mobile
3
2,040
304 Government Street
820 University
Boulevard
851 East I-65 Svc. Rd.
Regions Bank Tower
South
USA Research &
775 N. University Blvd
Technology Park
6425 Hillcrest Rd.
6425 Hillcrest Rd. Ste. C
Ste. C
6420 Hillcrest Park
6420 Hillcrest Park Ct.
Ct.
450 Government
458Government Street
Street
1015 Montlimar B,C
Montlimar Square
and D
2005
4,620
Mobile
1989
2001
1
Free
12,132
$14.00
12,132
Ample
4,932
$10.45
4,932
John Delchamps
(251) 476-0808
Adam Metcalfe
(251) 432-2600
Adam Metcalfe
(251) 432-2600
Adam Metcalfe
(251) 432-2600
Tony Cooper, Ccim
(251) 639-4007
Tony Cooper, Ccim
(251) 639-4007
Jason Scott
(251) 342-7229
Jason Scott
(251) 342-7229
Jason Scott
(251) 342-7229
Jason Scott
(251) 342-7229
Jason Scott
(251) 342-7229
Angela Mcarthur
(251) 639-4007
Angela Mcarthur
(251) 639-4007
Michael Mcaleer
(251) 432-1854
Tommy Gleason,
Jr. (251) 342-1636
Tommy Gleason,
Jr. (251) 342-1636
Tommy Gleason,
Jr. (251) 342-1636
Allan R. Cameron,
Jr. (251) 438-4312
Allan R. Cameron,
Jr. (251) 438-4312
36603
36602
36602
36619
36606
Church Street
Office/Warehouse
Downtown Mobile
Office for Sale or
202 Government
Street
Three Notch Road
(6386)
Dauphin Street
(2513)
Dauphin Island
Parkway & I-10
805 Church Street
Mobile
Free
54-56 St. Emanuel
Street
Mobile
2
Leased
202 Government Street
Mobile
3
Free
6386 Three Notch Road
Mobile
2513 Dauphin Street
Mobile
2
Mobile
9,800
20,000
20,000
$16.00
2,000
2,000
5,600
$12.00
1
200,000
$3.00
Mobile
1
770
$10.00
770
Mobile
2
Ample
9,060
$5.96
9,060
36606 3350 Halls Mill Road 3350 Halls Mill Road
Mobile
1
Ample
9,600
$4.50
2,400
36693 901 Butler Drive
Mobile
Free
Mobile
Ample
Mobile
Ample
36605
36693 O'Neill Building
36606
36609
36606
36606
36607
36607
36608
63 Midtown Park
East
733 West Lakeside
Drive
2507 Commercial
Park Drive
134 East I-65 Service
Road North
I-65
Office/Warehouse
I-65 Service Road at
Spring Hill Ave.
3475 Springhill
Avenue
1600 Dauphin Island
Parkway
1540 West I-65 Service
Road South
63 Midtown Park East
901 Butler Drive
733 West Lakeside
Drive
2507 Commercial Park
Drive
134 East I-65 Service
Road North
5,600
1,050
$6.38
3,200
2,300
1
Ample
13,000
$8.07
5,200
262 Furr Street
Mobile
1989
2005
2
Free
9,570
$8.50
9,570
262 Furr St
Mobile
1990
2005
2
Free
9,570
$8.50
9,570
3475 Springhill Avenue
Mobile
1973
1
Free
4,263
$10.00
1,475
Mobile
1992
1
3,388
$15.00
3,388
2,040
$14.00
2,040
$12.00
7,769
36695 1032 Hillcrest Road 1032 Hillcrest Road
Ft. Conde Office
200 S. Royal Street
Space
500 Boulevard Park 500 Boulevard Park
36609
East
East
36602
Mobile
Free
10,000
Mobile
Mobile
2001
1
Free
Free
John D. Peebles
(251) 438-4312
John D. Peebles
(251) 438-4312
John D. Peebles
(251) 438-4312
Marl Cummings, Iii
(251) 476-6000
Marl Cummings, Iii
(251) 476-6000
Marl Cummings, Iii
(251) 476-6000
Joseph G.Betbeze,
Jr. (251) 476-4111
Joseph G.Betbeze,
Jr. (251) 476-4111
Joseph G.Betbeze,
Jr. (251) 476-4111
Joseph G.Betbeze,
Jr. (251) 476-4111
Joseph G.Betbeze,
Jr. (251) 476-4111
Joseph G.Betbeze,
Jr. (251) 476-4111
Joseph G.Betbeze,
Jr. (251) 476-4111
Don Parden
251-554-1941
Don Parden
251-554-1941
Richard Mann
251-300-3396
Richard Mann
251-300-3396
Pete Riehm
251-438-4312
Gavin Bender
36609 664 University Blvd. 664 University Blvd.
36609
PARAMOUNT
OFFICE CENTER
36609 Hutson Dr
36609 Executive Center
36609 Executive Center
36602 653 St Louis
36609
Mobile
Free
$58.00
11,985
Gavin Bender
1141 Montlimar Drive
Mobile
Free
$16.00
8,850
Gavin Bender
1126 Hutson Dr
Mobile
1
Free
5,000
5,000
Gavin Bender
Mobile
5
Free
50,000
$15.00
11,600
Gavin Bender
$15.00
7,350
Gavin Bender
917 Western America
Circle
900 Western America
Circle
653 St Louis St
Downtowner Loop S 4373 Downtowner
office
Loop S
Mobile
Free
Mobile
1
Free
25,000
$6.00
25,000
Gavin Bender
Mobile
1
Free
3,600
$12.00
1,800
Gavin Bender
6,000
$16.00
1,500
Gavin Bender
750
Gavin Bender
36602 Dauphin St
3 Dauphin St
Mobile
2
36608 Professional Office
4634 Bit and Spur Rd
Mobile
2
36693 Lakeside Drive W
121-A Lakeside Drive W
Mobile
1
61 St. Joseph Street
Mobile
3950 Demetropolis Rd.
Mobile
1
3024 Airport Blvd
Mobile
1
Mobile
2
Wachovia Bank
Building
Mobile Warehouse
36693
Location
36602
36606 3024 Airport Blvd
36602 401 Dauphin Street 401 Dauphin Street
36602 Parkview Plaza
182 Saint Francis Street,
Ste 303
3700 Demotropolis
3700 Demotropolis Rd
Rd
3709 Lakeside Dr S,
36693 3709 Lakesdie Dr S
Suite C
Regions Bank
36602
106 St. Francis
Building
354 St. Emanuel
36603
354 St. Emanuel Street
Street
36693
Free
1,200
$8.50
1,200
$14.00
62,632
7,000
7,000
Ample
9,200
Mobile
18,000
Mobile
12,000
Mobile
Mobile
Mobile
2006
2
Leased
284,000
$16.00
60,000
Free
1,500
$16.00
1,500
Matthew Garrard
251-476-6000
Jill Meeks
251-342-7229
James Henderson
251-447-4848
Todd Drummond
251-694-1180
Todd Drummond
251-694-1180
Todd Drummond
251-694-1180
Todd Drummond
251-694-1180
Todd Drummond
251-694-1180
Josh Hall
251-342-7229
David Dexter
251-471-1000
311 South Sage
311 South Sage Avenue
Avenue
Dauphin and Florida
36606
2 N Florida St.
Street
Church Street Office
36602
601 Church St
Building
36606
36695 Highland Park
Mobile
1
Mobile
1
Mobile
2
Free
4,800
$12.00
1,400
$10.28
2,820
$10.63
7,500
$7.00
2350 Schillinger Rd S
Mobile
4690 Rangeline Road
Mobile
1
36602 St. Joseph Street
59 St. Joseph Street
Mobile
2
Old Government
Street
CNI Center-Dauphin
36606
65 Complex
CNI Center-Dauphin
36606
65 Complex
2150 Old Government
Street
Mobile
1
3280 Dauphin Street
Mobile
1978
1
Free
55,276
3280 Dauphin Street
Mobile
1978
1
Free
55,276
6345 H Cottage Hill
Road
Mobile
1
60,000
$12.00
Mobile
12
94,500
$14.00
36619
Rangeline Road
Office
36606
36609 Cottage Crest
36602 Commerce Building 118 North Royal Street
36606
CNI Center-Dauphin
3280 Dauphin Street
65 Complex
Mobile
1978
1
2007
2
36693 OFFICE
4380 HALLS MILL ROAD
MOBILE
36606 Tacon Street
32 Tacon Street
Mobile
150 Government Street
Mobile
205 St. Emanuel Street
Mobile
LaClede Office
Building
Fort Conde Village
36602
(St Eman)
36602
36607 Alto Imaging
36693 I-65 Service Road
32577 670 Molino Road
3090 Dauphin Sq
Connector
2010 West I-65 Service
Road
670 Molino Road
Mobile
Mobile
Molino
2002
Free
1,500
Free
55,276
4,000
Free
6,824
3
Leased
39,000
$14.50
2
Free
5,600
$14.25
1
Ample
4,885
$13.00
2
Ample
40,000
$17.50
David Dexter
251-471-1000
Pratt Thomas
251-476-0808
Pratt Thomas
2,820
251-476-0808
Pratt Thomas
6,300
251-476-0808
John Vallas
7,500
251-344-1444
John Vallas
251-344-1444
John Vallas
251-344-1444
Mike Mcaleer
5,327
251-473-7517
Mike Mcaleer
3,838
251-473-7517
Mike Mcaleer
2,395
251-473-7517
Mike Mcaleer
23,000
251-473-7517
Mike Mcaleer
412
251-473-7517
Jerry Stewart
251-666-2705
Jeremy B. Milling,
6,824
Ccim 251-471-1000
Tammy Adcock
0
251-438-4312
Tammy Adcock
2,800
251-438-4312
Michael Parker
4,885
251-662-5660
Matt White
12,903
251-471-1000
Gary Watson
3,075
850-478-5880
1,200
Former Regions
24037 Perdido Beach
Bank Orange Beach, Blvd.
Robertsdale Office
36567
22743 Hwy 59
Building
36561
36571 14 Highway 43
36590
36526
36609
36609
36527
Theodore Office
Space
Investment
Opportunity Capital
Midmost Office
Building
Omni Park Office
Complex
Warehouse/Office
Hwy 31 Spanish Fort
Orange Beach
2001
1
Robertsdale
1970
2006
2011
1
3,020
Ample
1,788
14 Hwy 43
Saraland
5973 HWY. 90 W
Theodore
1955
26061 Capital Drive
Daphne
1999
4324 Midmost Drive
Mobile
2
6170 Omni Park Drive
Mobile
1
Free
4,400
Spanish Fort
1
Free
6,000
Free
12,000
11665 HWY 31
1
6250 Spanish Trail
Court
Theodore
1
36526 Centerpoint
28810 Highway 98
Daphne
1
Spring Hill Lighting
25251 US HWY 98
Building in Daphne,
Marketplace
36526
1203 Highway 98
Building 4
1203 Highway 98, Unit
36526 Market Place
A, Bldg 4
914 Nichols Ave,
36532
914 Nichols Ave Ext
Fairhope
6,000
12,000
6,000
$9.00
10,000
4,400
$4.50
12,000
$12.00
1,200
Free
4,150
$16.00
4,150
Daphne
1
Free
1,533
$9.78
1,533
Daphne
1
Free
1,533
Fairhope
1
$2.50
7,625
FAIRHOPE
1
36536 Foley Express Center
Foley
1
36535
Foley
365352234
36535
19452 SCENIC HWY 98
12342 Foley Beach
Express
2050 to 12000 Sf of 12342 Foley Beach
Office/Retail Space Express
1420 N. McKenzie
Med-South Sublease
Street
Mid Pointe Plaza
8159 Hwy 59
#104
2002
Free
2,928
1
36532 Bayside
DAPHNE
1,788
$12.00
36582 Spanish Trail Court
36527
$25.00
2007
Foley
Foley
New
7,625
Ample
1,170
1,170
$8.00
1
13,000
12,000
1
Free
1
Ample
1,800
1,800
$12.00
1,500
Adam Metcalfe
(251) 432-2600
Philip Hodgson
251-990-6622
James Henderson
251-447-4848
Rob Copeland
251-928-4224
Joe Steen
251-607-7880
John Delchamps
(251) 476-0808
Joe Steen
251-607-7880
Joe Steen
251-607-7880
Marl Cummings Iv
(251) 476-6000
Terry Mckinney
251-460-0910
Dane Haygood
251-626-7200
Gayle Dearman
251-626-0437
Gayle Dearman
251-626-0437
David Cooper
(251) 639-4007
Randy Branch
251-928-2109
Terry Mckinney
251-460-0910
Joe Steen
251-607-7880
Pete Riehm
251-438-4312
Philip Hodgson
251-990-6622
36535 Northside Square
Dauphin Street
(3050)
Airport Boulevard
36606
(3102)
36606
620 N. McKenzie St.
Foley
3050 Dauphin Street
Mobile
3102 Airport Boulevard
Mobile
1212 Montlimar Drive AB,D
1395 University Blvd 1395 University Blvd
36618
N
North
36609 1212 Montlimar Dr
36695 Summit Court
7735 Summit Court
36609 Montlimar Building 1218 Montlimar Drive
36693
3747 Government
Blvd.
36695 7695 Cottage Hill
36618 4104 Moffet Rd
36609
Professional Office
Building
3747 Government
Boulevard
7695 Cottage Hill Rd.
Ste C
Yester Oaks
Shopping Center
1
6,560
$9.14
6,560
1
32,391
$6.00
32,391
1
2,150
$14.00
2,150
2009
1
Free
3,795
$13.00
2,530
Mobile
2006
1
Ample
1,836
$10.67
1,836
Mobile
1
Mobile
1
27,000
4104 Moffet Rd
Mobile
1
4300 Downtowner
Loop
Mobile
Mobile
1
Mobile
1
36606 2104 Government St 2104 Government St
Mobile
36602 Civic Center Dr
456 Civic Center Dr
Mobile
2
36609 I-65 Service Rd
1558 I-65 Service Rd W
Mobile
2
1530 I-65 Service Rd 1530 I-65 Service Rd W
W #C
#C
Mobile
1
5238 Highway 90
Mobile
1
3213 Springhill Avenue
Mobile
1
36606
36619 Patmos Plaza
36607
Spacious Springhill
Avenue Office
1,250
Mobile
1
Airport Blvd at I-65
Ample
Mobile
Mobile
36609 1025 Montlimar Dr. 1025 Montlimar Dr.
36608
2005
1962
Free
3,000
$10.00
8,000
4,000
1,800
Ample
$13.25
7,750
1,200
$8.67
1,800
$12.00
5,000
$6.98
7,750
$1.17
1
Philip Hodgson
251-990-6622
Matt Cummings
(251) 476-6000
Marl Cummings Iv
(251) 476-6000
David Cooper
(251) 639-4007
David Cooper
(251) 639-4007
John Delchamps
(251) 476-0808
John Delchamps
(251) 476-0808
Adam Metcalfe
(251) 432-2600
Angela Mcarthur
(251) 639-4007
Angela Mcarthur
(251) 639-4007
Allan R. Cameron,
Jr. (251) 438-4312
Joseph G.Betbeze,
Jr. (251) 476-4111
Terry Mckinney
251-460-0910
Richard Mann
251-300-3396
3,048
$5.91
3,048
Free
5,000
$12.00
5,000
Gavin Bender
Free
21,800
$10.00
21,800
Gavin Bender
6,000
$11.32
530
Free
$12.00
1,500
Ample
$10.00
3,100
Holly Shirley
251-300-3397
John Vallas
251-344-1444
Tammy Adcock
251-438-4312
36561 Wolf Bay Plaza
36567
Vacant Bldg 22731
Milwaukee St
LEASE SPACE IN
SMALL STRIP
OFFICE/RETAIL
SPACE FOR LEASE
Sawyer Furniture
Building
Industrial Parkway
Center
Oaks Tillmans
Corner
25637 Canal Road
Orange Beach
2006
1
$12.00
22731 S Milwaukee St
Robertsdale
1
Unit 2 & 3 County Rd.
64
Robertsdale
1
27838 Highway 64
Robertsdale
207 Highway 43 N.
Saraland
710 Industrial Parkway
Saraland
2005
5650 Old Pascagoula
Road
theodore
2006
1
Free
36582 5784 Hwy 90 W
5784 Hwy 90 W
Theodore
1997
1
Free
36582 5721 Hwy 90 Ste B
5721 Hwy 90 Ste B
Theodore
2001
1
Free
36567
36567
36571
36571
36619
6095 - 6105 Old
Pascagoula Rd
7250 & 7260 Theodore
36582 THEODORE DAWES
Dawes Road
36582 Plantation Square
36532 Downtown Fairhope 77 South Section Street
Fairhope / Office /
914 Nichols Ave Ext
Retail / Warehouse
Prime Office Space
36535
316 Mckenzie Street
Hwy 59
9000SF Bldg N
36551
2127 N Hickory Street
Hickory, Loxley
36532
36572 5717 Hwy. 43
5717 Hwy. 43
Ample
3,600
3,600
0
1,200
1
6,300
Theodore
1,200
$4.00
20,000
$13.25
1,750
$11.00
4,300
$8.40
1,050
$8.00
2,600
$8.00
Theodore
1
Fairhope
Fairhope
1,800
1985
2009
1
Foley
Loxley
1
Satsuma
1
Ample
8,750
Free
3,100
$15.00
2,400
Free
7,600
$10.00
7,600
Free
5,700
5,700
Free
9,000
9,000
3,600
8,750
$12.00
900
Marl Cummings, Iii
(251) 476-6000
Joe Steen
251-607-7880
Thomas Galloney
251-626-1970
Thomas Galloney
251-626-1970
John Delchamps
(251) 476-0808
John Delchamps
(251) 476-0808
Ralph Neal, Iii
(251) 602-1403
David Cooper
(251) 639-4007
Angela Mcarthur
(251) 639-4007
Terry Mckinney
251-460-0910
Tammy Adcock
251-438-4312
Sharon Wright
251-471-1000
Haran Hunter
251-981-2400
Joe Steen
251-607-7880
Joe Steen
251-607-7880
Holly Shirley
251-300-3397
Baldwin County Association of REALTORS®
908 Plantation Blvd., Fairhope, Al 36532
Website: http://www.southalabamamls.com
Telephone: 251-928-1708 Fax: 251-928-1046
E-mail: Marthataylor@baldwinrealtors.org
Baldwin County Association of REALTORS® Newsletter
Mobile and Baldwin County Office Properties
Winter 2012
Table 4.
Advertised Sale Price per S.F. by Zip Code
Zip Code
36507
36606
36693
36609
36532
36532
36609
36610
36526
36607
36695
36567
36507
36526
36526
36526
36532
36535
36535
36535
36535
36542
36542
36551
36551
36609
36609
Advertised
Sales Price
Advertised
S.F.
$285,000
$660,000
$289,000
$250,000
$2,500,000
$495,000
$495,000
1,200
$475,000
$285,000
$1,000,000
$1,499,999
$600,000
$279,000
$475,000
$1,700,000
$1,187,500
$399,000
$385,000
$155,000
$695,000
$699,000
$379,000
$120,000
$139,900
$750,000
$700,000
6,500
31,000
8,750
60,000
9,000
11,000
5,000
7,400
11,209
12,500
5,070
6,000
7,898
2,464
1,035
1,900
36602
36606
36606
36609
36609
36606
36693
36619
36604
36693
36602
36602
36602
36608
36607
36618
36606
36606
36603
36607
36693
36607
36606
36606
36602
36602
36606
36606
36607
36693
36602
36602
36612
36602
36609
36606
36618
36608
36695
36695
36607
$600,000
$495,000
$850,000
$395,000
$395,000
$125,000
$199,000
$95,000
$399,000
$254,000
$995,000
$500,000
$975,000
$1,850,000
$950,000
$399,000
$775,000
$47,892
$389,000
$739,000
$250,000
$550,000
$575,000
$550,000
$330,000
$1,500,000
$225,000
$195,000
$975,000
$685,000
$1,000,000
$350,000
$250,000
$930,000
$90,000
$59,000
$425,000
$600,000
$480,000
$199,900
25,000
9,060
13,000
10,930
6,000
7,000
984
4,311
4,000
28,000
7,650
4,060
5,600
2,018
9,570
5,200
4,885
10,300
1,400
2,820
40,000
1,600
1,300
13,358
3,500
2,938
20,000
1,186
1,310
8,946
6,750
3,388
4,320
36606
36607
36606
36619
36609
36606
36603
36561
36561
36567
36571
36526
36602
36607
36609
36609
36695
36604
36571
36527
36507
36526
36526
36527
36532
36535
36551
36609
36606
36606
36695
36605
36618
36567
36527
36582
36526
36532
36532
36551
36605
$439,000
$179,000
$125,000
$490,000
$110,000
$224,000
$460,000
$350,000
$239,000
$399,000
$450,000
$2,000,000
$1,500,000
$695,000
$490,000
$380,000
$995,000
$299,000
$399,000
$237,500
$3,400,000
$235,000
$449,000
$245,000
$575,000
$990,000
$1,200,000
$150,000
$185,000
$195,000
$199,000
$199,000
$185,000
$349,900
$449,900
$1,425,000
$349,900
$620,000
$775,000
$425,000
4,000
1,628
7,500
2,427
1,500
3,750
3,020
1,788
6,000
15,000
4,400
12,000
4,657
75,000
3,760
6,000
29,737
4,150
3,000
5,000
10,077
21,800
2,000
6,090
3,600
3,647
2,500
3,600
2,760
8,750
5,234
7,600
3,100
9,000
2,749
36608
36695
36693
36567
36572
Median
Properties
Reporting
$1,749,000
$335,000
$1,650,000
$725,000
$285,000
$439,000
7,798
2,000
28,800
111
89
3,600
5,070
Baldwin County Association of REALTORS®
908 Plantation Blvd., Fairhope, Al 36532
Telephone: 251-928-1708 Fax: 251-928-1046
Website: http://www.southalabamamls.com
E-mail: Marthataylor@baldwinrealtors.org
Baldwin County Association of REALTORS® Newsletter
Mobile and Baldwin County Office Properties
Winter 2012
Table 5.
Zip Code
36507
36606
36693
36609
36532
36532
36609
36610
36526
36607
36695
36567
36507
36526
36526
36526
36532
36535
36535
36535
36535
36542
36542
36551
36551
36609
36609
Advertised Sale Price per S.F. by Zip Code
Advertised
Sales Price
$285,000
$660,000
$289,000
$250,000
$2,500,000
$495,000
$495,000
$475,000
$285,000
$1,000,000
$1,499,999
$600,000
$279,000
$475,000
$1,700,000
$1,187,500
$399,000
$385,000
$155,000
$695,000
$699,000
$379,000
$120,000
$139,900
$750,000
$700,000
Site S.F.
Building
S. F.
Calculated
Calculated
Acreage Sales Price per Sales Price
Site S. F.
per Bldg S.F.
1,200
$237.50
3,000
$220.00
3
6,500
31,000
6,500
31,000
8,750
60,000
8,750
60,000
9,000
9,000
261,360
11,000
12,750
5,000
3,700
11,209
12,500
2,579
6,000
11,000
5,000
7,400
11,209
12,500
5,070
6,000
7,898
2,464
1,035
1,900
3,471
7,898
1,900
7,769
11,985
$38.46
$80.65
$38.46
$80.65
1.1
5
$56.57
$56.57
1
6
18
$31.67
$31.67
$3.83
$136.36
$47.06
$55.80
$128.38
$151.66
$95.00
$154.71
$64.17
1.33
24.87
0.5
0.56
1
0.24
0.9
0.45
1.58
$136.36
$55.80
$64.19
$151.66
$95.00
$78.70
$64.17
$88.50
$153.81
$115.94
$73.63
$200.23
$88.50
$73.63
$96.54
$58.41
36602
36606
36606
36609
36609
36606
36693
36619
36604
36693
36602
36602
36602
36608
36607
36618
36606
36606
36603
36607
36693
36607
36606
36606
36602
36602
36606
36606
36607
36693
36602
36602
36612
36602
36609
36606
36618
36608
36695
36695
36607
$600,000
$495,000
$850,000
$395,000
$395,000
$125,000
$199,000
$95,000
$399,000
$254,000
$995,000
$500,000
$975,000
$1,850,000
$950,000
$399,000
$775,000
$47,892
$389,000
$739,000
$250,000
$550,000
$575,000
$550,000
$330,000
$1,500,000
$225,000
$195,000
$975,000
$685,000
$1,000,000
$350,000
$250,000
$930,000
$90,000
$59,000
$425,000
$600,000
$480,000
$199,900
25,000
9,060
13,000
10,930
6,000
7,000
984
4,311
4,000
28,000
25,000
9,060
5,200
10,930
6,000
2,300
7,000
984
4,311
0.5
1.27
0.89
1.1
0
$24.00
$54.64
$65.38
$36.14
$65.83
$28.43
$96.54
$92.55
$63.50
$35.54
10,000
19,100
7,650
4,060
5,600
2,018
9,570
5,200
4,885
10,300
1,400
2,820
40,000
1,600
1,300
4,885
7,300
1,186
1,310
8,946
6,750
3,388
4,320
$124.18
$98.28
$138.39
0.25
0.65
0.66
0.57
2,820
1.9
13,358
3,500
2,938
20,000
$50.00
$51.05
4,060
5,600
2,018
9,570
1
37,000
1,750
2,938
20,000
11,874
1,186
$24.00
$54.64
$163.46
$36.14
$65.83
$54.35
$28.43
$96.54
$92.55
0.81
0.5
8,946
1.27
3,388
0.59
$192.77
$77.22
$48.08
$112.59
$55.83
$392.86
$117.02
$37.50
$140.63
$150.00
$98.28
$138.39
$192.77
$77.22
$112.59
$78.77
$117.02
$51.28
$100.00
$85.09
$75.89
$45.04
$47.51
$88.89
$141.68
$46.27
$27.03
$200.00
$85.09
$78.32
$75.89
$47.51
$141.68
36606
36607
36606
36619
36609
36606
36603
36561
36561
36567
36571
36526
36602
36607
36609
36609
36695
36604
36571
36527
36507
36526
36526
36527
36532
36535
36551
36609
36606
36606
36695
36605
36618
36567
36527
36582
36526
36532
36532
36551
36605
$439,000
$179,000
$125,000
$490,000
$110,000
$224,000
$460,000
$350,000
$239,000
$399,000
$450,000
$2,000,000
$1,500,000
$695,000
$490,000
$380,000
$995,000
$299,000
$399,000
$237,500
$3,400,000
$235,000
$449,000
$245,000
$575,000
$990,000
$1,200,000
$150,000
$185,000
$195,000
$199,000
$199,000
$185,000
$349,900
$449,900
$1,425,000
$349,900
$620,000
$775,000
$425,000
4,000
1,628
7,500
2,427
1,500
3,750
3,020
1,788
6,000
15,000
4,400
12,000
4,657
75,000
3,760
6,000
29,737
4,150
3,000
5,000
10,077
21,800
2,000
6,090
3,600
3,647
2,500
3,600
2,760
8,750
5,234
7,600
3,100
9,000
2,749
$109.75
0.25
7,500
$76.78
$65.33
$65.33
1,500
1
$92.30
$306.67
$306.67
1,788
1.26
0.2
$115.89
$133.67
$133.67
6,000
13,000
$75.00
4,400
10,000
1
3,760
2.43
0.4
4,974
0
4,150
3,000
$157.95
$49.00
$79.52
$47.75
$114.34
0.403
0.43
10,077
21,800
2
3,600
3,647
0.465
3,600
2,760
8,750
5,234
7,600
2,400
9,000
2,749
$100.00
$157.95
$40.83
$81.60
$13.27
$79.52
$66.50
$75.00
$153.85
0.92
3.5
0.7
$108.19
$81.67
$115.00
$98.24
$55.05
$75.00
$30.38
$54.17
$54.57
$79.60
$51.39
$126.78
$51.42
$272.26
$46.04
$200.00
$86.11
$154.60
$108.19
$81.67
$98.24
$55.05
$54.17
$54.57
$51.39
$126.78
$51.42
$272.26
$46.04
$258.33
$86.11
$154.60
36608
36695
36693
36567
36572
$1,749,000
$335,000
$1,650,000
$725,000
$285,000
$439,000
Median
Properties
111
Reporting
Median Sales per Site. S. F.
Median Sales per Bldg. S. F.
7,798
2,000
28,800
0.5
1.8
$224.29
$167.50
$57.29
3,600
7,798
2,000
28,800
7,200
900
0.51
$79.17
$224.29
$167.50
$57.29
$100.69
$316.67
5,070
6,000
0.90
$80.12
$81.16
89
75
47
86
72
$80.12
$81.16
Baldwin County Association of REALTORS®
908 Plantation Blvd., Fairhope, Al 36532
Telephone: 251-928-1708 Fax: 251-928-1046
Website: http://www.southalabamamls.com
E-mail: Marthataylor@baldwinrealtors.org
Baldwin County Association of REALTORS® Newsletter
Mobile and Baldwin County Office Properties
Winter 2012
Total Market of Office Properties Advertised for Sale
Table 6.
Zip
Code
City
Sale Price
Total
S.F.
2121 N Highway 59
Bay Minette
$285,000
1,200
36606 Executive Park (801)
801 Executive Park
Mobile
$660,000
3,000
36693 Halls Mill Road
4801 Halls Mill Road
Mobile
$289,000
0
36609 442 Azalea Rd
442 Azalea Rd
Mobile
$250,000
6,500
6,500
36532 Former Faith Baptist Church
8105 Baldwin Highway 32
Fairhope
$2,500,000
31,000
31,000
36532 North Greeno Road
Greeno Road
Fairhope
$495,000
36609 901 Lakeside Drive
901 Lakeside Drive
Mobile
$495,000
8,750
8,750
36610 1310 Telegraph Road
1310 Telegraph Road
Mobile
Call For
Pricing
60,000
60,000
36526 Prime Location Hwy 181 Daphne
25940 Hwy 181
Daphne
$475,000
36607 Old Pillars Restaurant
1757 Government Street
Mobile
$285,000
9,000
9,000
36507
Property Name
2121 Hwy 59/31 3.1 Acres
Commercial
Location
Total S.F
Avail
Agent Info
Joe Steen
251-607-7880
Marl Cummings, III
(251) 476-6000
Terry Mckinney
251-460-0910
Angela Mcarthur
(251) 639-4007
Allan R. Cameron,
Jr. (251) 438-4312
Sharon Wright
251-471-1000
Joseph G.Betbeze,
Jr. (251) 476-4111
Mike Mcaleer
251-473-7517
Joe Steen
251-607-7880
John D. Peebles
(251) 438-4312
36695 Wall Street Business Park Lot 2
0 Wall St.
36567 3 BUILDINGS ** 18 ACRES
$1,000,000
20814 Hwy. 59
Robertsdale
$1,499,999
36507 Showroom-Warehouse-Yard
610 HIghway 31
Bay Minette
$600,000
36526 Daphne Office/Warehouse
25350 Friendship Rd
Daphne
$279,000
5,000
5,000
36526 Hidden Creek Office Condo
28311 N Main Streeet
Daphne
$475,000
7,400
3,700
36526 County Road 64
11101 County Road 64
Daphne
$1,700,000
11,209
11,209
36532 Taupeka Office Building
329 Highway 98
Fairhope
$1,187,500
12,500
12,500
Foley
$399,000
5,070
2,579
9355 Hard Drive
Foley
$385,000
6,000
6,000
1103 N Hickory Street
Foley
$155,000
36535 1303 S. McKenzie Street
1303 S. McKenzie Street
Foley
$695,000
36542 Gulf Shores Professional Office
956 Commerce Loop
Gulf Shores
$699,000
7,898
36542 Canal Front Office Building
618 Gulf Shores Pkwy
Gulf Shores
$379,000
2,464
36551 NICE OFFICE BUILDING IN LOXLEY
1064 W. Union St.
Loxley
$120,000
1,035
36551 Bank Owned Property
5101 S. Hickory St.
Loxley
$139,900
1,900
36609 500 Boulevard Park East
500 Boulevard Park East
Mobile
$750,000
7,769
Gavin Bender
36609 664 University Blvd.
664 University Blvd.
Mobile
$700,000
11,985
Gavin Bender
36602 653 St Louis
653 St Louis St
Mobile
$600,000
25,000
25,000
Gavin Bender
36606 63 Midtown Park East
63 Midtown Park East
Mobile
$495,000
9,060
9,060
Joseph G.Betbeze,
Jr. (251) 476-4111
36535
Heritage Oaks Professional Center
805 N. McKenzie St
A
36535 Hard Drive Office / Warehous
36535
Office Bldg for Sale/Lease Hickory
St
261,360
Cameron Weavil
251-438-6000
Harry Brown
251-626-1970
John D. Peebles
(251) 438-4312
Philip Hodgson
251-990-6622
Haran Hunter
251-981-2400
Jeremy B. Milling,
Ccim 251-471David Millstead
251-269-3664
Philip Hodgson
251-990-6622
Jeff Barnes
251-990-6622
Joe Steen
251-607-7880
Adam Metcalfe
(251) 432-2600
Philip Hodgson
251-990-6622
Haran Hunter
251-981-2400
Thomas Galloney
251-626-1970
Thomas Galloney
251-626-1970
Mobile
11,000
11,000
12,750
3,471
7,898
1,900
36606 134 East I-65 Service Road North
134 East I-65 Service Road
North
Mobile
$850,000
13,000
5,200
36609 1250 Hutson Drive
1250 Hutson Drive
Mobile
$395,000
10,930
10,930
36609 1224 Hutson Drive
1224 Hutson Drive
Mobile
$395,000
6,000
6,000
36606 2507 Commercial Park Drive
2507 Commercial Park Drive
Mobile
$125,000
36693 Mobile Warehouse Location
3950 Demetropolis Rd.
Mobile
$199,000
7,000
7,000
36619 5619 Andrews Rd
5619 Andrews Rd
Mobile
$95,000
984
984
36604 Historical Office Building
1706 Dauphin St.
Mobile
$399,000
4,311
4,311
36693 OFFICE
4380 HALLS MILL ROAD
MOBILE
$254,000
4,000
Mobile
$995,000
28,000
115 Dauphin Street
Mobile
$500,000
10,000
18 Royal Street South
Mobile
$975,000
19,100
36608 Airport Boulevard (6576)
6576 Airport Boulevard
Mobile
$1,850,000
36607 Cameron Street
2651 Cameron Street
Mobile
$950,000
7,650
36618 Moffett Road (3828)
3828 Moffett Road
Mobile
$399,000
4,060
4,060
36606 Dauphin Street (2513)
2513 Dauphin Street
Mobile
$775,000
5,600
5,600
36606 Azalea Road - Lot 5
563 Azalea Road - Lot 5
Mobile
$47,892
36603 Robinson Memorial Building
257 State Street
Mobile
$389,000
2,018
2,018
36607 I-65 Office/Warehouse
262 Furr Street
Mobile
$739,000
9,570
9,570
36693 Lakeside Drive Office/Warehouse
735 Lakeside Drive
Mobile
$250,000
5,200
36602
Staples Pake Building (100 N Royal
100 N Royal St
St)
36602 Dauphin Street (115) (Kress Bldg.)
36602
Royal Street South (18) (Kress
Bldg.)
2,300
Joseph G.Betbeze,
Jr. (251) 476-4111
Joseph G.Betbeze,
Jr. (251) 476-4111
Joseph G.Betbeze,
Jr. (251) 476-4111
Joseph G.Betbeze,
Jr. (251) 476-4111
James Henderson
251-447-4848
James Henderson
251-447-4848
Chip Brown
251-626-1970
Jerry Stewart
251-666-2705
Burton Clark
(251) 476-6000
Burton Clark
(251) 476-6000
Burton Clark
(251) 476-6000
Burton Clark
(251) 476-6000
Burton Clark
(251) 476-6000
Matt Cummings
(251) 476-6000
Marl Cummings, III
(251) 476-6000
Marl Cummings, III
(251) 476-6000
Paula Knodel
251-928-2109
Don Parden
251-554-1941
Dane Haygood
251-626-7200
36607 Alto Imaging
3090 Dauphin Sq Connector
Mobile
$550,000
4,885
4,885
36606 Medical Office Building
1563 Springhill Ave.
Mobile
$575,000
10,300
7,300
36606 Dauphin and Florida Street
2 N Florida St.
Mobile
$550,000
1,400
36602 Church Street Office Building
601 Church St
Mobile
$330,000
2,820
36602 305 Delchamps Dr.
305 Delchamps Drive
Mobile
$1,500,000
40,000
36606 2718 Dauphin Street
2718 Dauphin Street
Mobile
$225,000
1,600
36606 2756 Dauphin Street
2756 Dauphin Street
Mobile
$195,000
1,300
36607 Interstate-65 Service Road
212 Interstate-65 Service Road
North
Mobile
$975,000
36693 Industrial Park Drive
1701 Industrial Park Drive
Mobile
$685,000
36602 Entire City Block For Sale
853 Dauphin Street
Mobile
$1,000,000
36602 Historic Downtown Office Building 261 N. Joachim STreet
Mobile
$350,000
3,500
1,750
36612 Professional Office
4320 St. Stephens Road
Mobile
$250,000
2,938
2,938
54-56 St. Emanuel Street
Mobile
Call For
Pricing
20,000
20,000
36609 664 University Blvd.
664 University Blvd.
Mobile
$930,000
36606 2715 Brookley Ave
2715 Brookley Ave
Mobile
$90,000
1,186
36618 4558 Moffett Rd
4558 Moffett Rd
Mobile
$59,000
1,310
36608 660 Zeigler Circle E
660 Zeigler Circle E
Mobile
$425,000
8,946
36695 4080-4088 Government Blvd
4080-4088 Government Blvd
Mobile
$600,000
6,750
36695 1032 Hillcrest Road
1032 Hillcrest Road
Mobile
$480,000
3,388
36602
Downtown Mobile Office for Sale
or Lease
2,820
13,358
37,000
11,874
1,186
8,946
3,388
Michael Parker
251-662-5660
John Delchamps
(251) 476-0808
Pratt Thomas
251-476-0808
Pratt Thomas
251-476-0808
Brian Metcalfe
(251) 432-2600
Brian Metcalfe
(251) 432-2600
Brian Metcalfe
(251) 432-2600
Adam Metcalfe
(251) 432-2600
Shannon Barnes
251-432-1287
Allan R. Cameron,
Jr. (251) 438-4312
Allan R. Cameron,
Jr. (251) 438-4312
John D. Peebles
(251) 438-4312
John D. Peebles
(251) 438-4312
David Cooper
(251) 639-4007
David Cooper
(251) 639-4007
David Cooper
(251) 639-4007
David Cooper
(251) 639-4007
Tony Cooper, Ccim
(251) 639-4007
Richard Mann
251-300-3396
36607 Masonic Lodge
164 Bay Shore Ave
Mobile
$199,900
4,320
36606 3116 Airport Blvd
3116 Airport Blvd
Mobile
$439,000
4,000
36607 82 Macks Street
82 Macks Street
Mobile
$179,000
36606 2208 Government Street
2208 Government Street
Mobile
$125,000
1,628
36619 Rangeline Road Office
4690 Rangeline Road
Mobile
$490,000
7,500
36609 University Blvd. Service Road
Zack Logan Ave. N.
Mobile
$110,000
36606 Cottage Hill Road office
3154 Cottage Hill Road
Mobile
$224,000
2,427
36603 354 St. Emanuel Street
354 St. Emanuel Street
Mobile
$460,000
1,500
36561 4399 Lindsey Lane
4399 Lindsey Lane
Orange Beach
Call For
Pricing
3,750
24037 Perdido Beach Blvd.
Orange Beach
$350,000
3,020
Robertsdale
$239,000
1,788
1,788
6,000
6,000
36561
Former Regions Bank Orange
Beach, AL
7,500
1,500
36567 Robertsdale Office Building
22743 Hwy 59
36571 14 Highway 43
14 Hwy 43
Saraland
$399,000
26061 Capital Drive
Daphne
$450,000
201 St. Louis
Mobile
$2,000,000
1514 S Broad Street
Mobile
$1,500,000
15,000
36609 Omni Park Office Complex
6170 Omni Park Drive
Mobile
$695,000
4,400
4,400
36609 Midmost Office Building
4324 Midmost Drive
Mobile
$490,000
12,000
10,000
36695 6425 Hillcrest Park Court
6425 Hillcrest Park Court
Mobile
$380,000
4,657
36604 951 Government Street
951 Government Street
Mobile
$995,000
75,000
36526
Investment Opportunity Capital
Dr/Austin PlacePark
36602 St. Louis (201)
36607
15000 SF Bldg on Broad Street,
Mobile
13,000
Butch Blum
251-344-9220
Todd Drummond
251-694-1180
Todd Drummond
251-694-1180
John Vallas
251-344-1444
John Vallas
251-344-1444
Sharon Wright
251-471-1000
Sharon Wright
251-471-1000
David Dexter
251-471-1000
Adam Metcalfe
(251) 432-2600
Adam Metcalfe
(251) 432-2600
Philip Hodgson
251-990-6622
James Henderson
251-447-4848
Joe Steen
251-607-7880
Burton Clark
(251) 476-6000
Joe Steen
251-607-7880
Joe Steen
251-607-7880
John Delchamps
(251) 476-0808
Angela Mcarthur
(251) 639-4007
John Vallas
251-344-1444
36571 360 & 370 Highway 43
36527
360 & 370 Highway 43
Warehouse/Office Hwy 31 Spanish
11665 HWY 31
Fort
Saraland
$299,000
3,760
Spanish Fort
$399,000
6,000
36507 Hoyle Avenue North
101 N. Hoyle Avenue
Bay Minette
$237,500
36526 Bay Point Office
27880 N. Main Street
Daphne
$3,400,000
Daphne
$235,000
DAPHNE
Daphne - Retail/Office Site on Hwy
25922 Hwy 181
181 near CR64
Spring Hill Lighting Building in
36527
25251 US HWY 98
Daphne, AL
36526
36532 Fairhope Avenue
504 Fairhope Avenue
Investment Prop. South Of Tanger
2270 McKenzie Street
2270 McKenzie
10,077 SF Off/Whse Between
36551
33981 Hwy 59
Mobile & Pensacola
36535
3,760
4,974
29,737
0
$449,000
4,150
4,150
Fairhope
$245,000
3,000
3,000
Foley
$575,000
5,000
Loxley
$990,000
10,077
10,077
21,800
36609 I-65 Service Rd
1558 I-65 Service Rd W
Mobile
$1,200,000
21,800
36606 Pleasant Valey Road (2700)
2700 Pleasant Valley Road
Mobile
$150,000
2,000
36606 Williams Street (304)
304 Williams Street
Mobile
$185,000
6,090
36695 Schilliinger Road Retail
1550 Schillinger Road North
Mobile
$195,000
3,600
3,600
36605 Height St
2004 Height Street
Mobile
$199,000
3,647
3,647
36618 3750 Moffett Rd
3750 Moffett Rd
Mobile
$199,000
2,500
22731 S Milwaukee St
Robertsdale
$185,000
3,600
3,600
36527 Pfeffer Flooring Building
7623 Spanish Fort Blvd
Spanish Fort
$349,900
2,760
2,760
36582 THEODORE DAWES
7250 & 7260 Theodore Dawes
Road
Theodore
$449,900
8,750
8,750
Daphne
$1,425,000
5,234
5,234
36567
36526
Vacant Bldg 22731 Milwaukee St
Robertsdale
Bank Branch Prime Hwy. 98
Location
27397 US Hwy. 98
Joseph G.Betbeze,
Jr. (251) 476-4111
Joe Steen
251-607-7880
Marl Cummings, III
(251) 476-6000
Terry Mckinney
251-460-0910
Dane Haygood
251-626-7200
Dane Haygood
251-626-7200
Jeremy B. Milling,
Ccim 251-471Joe Steen
251-607-7880
Joe Steen
251-607-7880
Gavin Bender
Marl Cummings Iv
(251) 476-6000
Marl Cummings Iv
(251) 476-6000
Pete Riehm
251-438-4312
Tammy Adcock
251-438-4312
Todd Drummond
251-694-1180
Joe Steen
251-607-7880
Dane Haygood
251-626-7200
Tammy Adcock
251-438-4312
Kyle Knight
850-432-5320
36532
Fairhope / Office / Retail /
Warehouse
914 Nichols Ave Ext
Fairhope
$349,900
7,600
7,600
36532 Downtown Fairhope
77 South Section Street
Fairhope
$620,000
3,100
2,400
36551 9000SF Bldg N Hickory, Loxley
2127 N Hickory Street
Loxley
$775,000
9,000
9,000
3046 Dauphin Island Pkwy.
Mobile
$425,000
2,749
2,749
3871 Airport Blvd
Mobile
$1,749,000
7,798
7,798
36695 Bldg/Corner Lot 7125 Airport Blvd 7125 Airport Blvd
Mobile
$335,000
2,000
2,000
36693 3761 Government St.
3761 Government St.
Mobile
$1,650,000
28,800
28,800
36567 6 Plex Strip Center
21545 Hwy 59
Robertsdale
$725,000
36572 5717 Hwy. 43
5717 Hwy. 43
Satsuma
$285,000
36605
Well Established Bank Branch
South Mobile
36608 Airport Blvd
7,200
3,600
900
Haran Hunter
251-981-2400
Sharon Wright
251-471-1000
Joe Steen
251-607-7880
Kyle Knight
850-432-5320
James Henderson
251-447-4848
Joe Steen
251-607-7880
Cameron Weavil
251-438-6000
Ingrid Jackson
251-947-1916
Holly Shirley
251-300-3397
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