Mobile and Baldwin County
Industrial Properties
For Lease and For Sale
Summer 2011
“Data you can use.”
“Education you can use”
This report and others are found on the Center website at
http://cres.southalabama.edu
Center for Real Estate Studies
Mitchell College of Business
University of South Alabama
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.
Introduction
The following report is one of four commercial reports generated by the Center
for Real Estate Studies in the Mitchell College of Business. This report contains
information for Summer 2011 Industrial properties.
Readers should know 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 Industrial report, the center provides three other commercial
reports (Land, Office and Retail) can be found on the Center for Real Estate Studies
website: http://cres.southalabama.edu
For additional information, contact the Center for Real Estate Studies:
Dr. Don Epley, Director Phone: (251)460-6735 Email:
depley@usouthal.edu
The data for this report was completed by:
Meredith McCutchen, MBA Student
Mitchell College of Business
Table of Contents
Report Summary …………………………………………………………………………Page - 3
List of Zip Codes ………………………………………………………………………… Page - 4
Table 1:
Asking Lease Rate per Square Foot by Property …………………… Pages - 5 - 7
Table 2:
Table 3:
Vacancy Rate by Property ………………………………………………………Pages - 8 - 10
Total Market of Industrial Properties Advertised for Lease
Mobile …………………………………Pages - 11 - 13
Baldwin …………………………………Page - 14
Table 4:
Advertised Sales Price per S.F. by Property ……………………………Pages - 15 - 18
Table 5:
Sales Price per S.F. by Property ………………………………………………Pages - 19 - 22
Table 6:
Industrial Properties Advertised for Sale
Mobile …………………………………Pages - 23 - 26
Baldwin …………………………………Pages - 27
Mobile & Baldwin County
Reporting Summary
2011 Advertised Industrial Properties for Lease:
Total Properties Listed ……………………
78
Asking Lease Rate per S.F. …………..…
Median $5.50 on 40 Properties Reporting
Advertised S.F. …………..…..……………..
Median 12,600 on 39 Properties Reporting
Total Advertised S.F. ………………………
1,210,497 on 39 Properties Reporting
Available S.F. ………………………………….
Median 11,550 on 57 Properties Reporting
Total Available S.F. …………………………
1,656,370 on 57 Properties Reporting
2011 Advertised Industrial Properties for Sale:
Total Properties Listed …………………….
87
Sales Price ………………………………………
Median $398,000 on 83 Properties Reporting
Building S.F. ……………………………………
Median 12,175 on 38 Properties Reporting
Sales Price per Building S.F. …………….
Median $48.08 on 37 Properties Reporting
Site S.F. ……………………………………….….
Median 11,700 on 31 Properties Reporting
Sales Price per Site S.F. ……………………
Median $4.50 on 29 Properties Reporting
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. Owner-occupied
property is excluded, also.
Zip Code, City and Area Code
Zip Code
City
Mobile County
Area Code
36505
36509
36512
36521
36522
36523
36525
36528
36541
36544
36560
36568
36571
36572
36575
36582
36587
36590
Axis
Bayou La Batre
Bucks
Chunchula
Citronelle
Coden
Creola
Dauphin Island
Grand Bay
Irvington
Mount Vernon
Saint Elmo
Saraland
Satsuma
Semmes
Theodore
Wilmer
Theodore
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
36601
36602
36603
36604
36605
36606
36607
36608
36609
36610
36611
36612
36613
36615
36616
36617
36618
36619
36621
36622
36625
36628
36630
36633
36640
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Eight Mile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
Zip Code
36641
36644
36652
36660
36663
36670
36671
36675
36685
36688
36689
36690
36691
36693
36695
City
Area Code
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
58 Total Mobile
Baldwin County
Zip Code
36502
36507
36511
36526
36527
36530
36532
36535
36542
36549
36550
36551
36555
36561
36562
36567
36574
36576
36578
36579
36580
City
Atmore
Bay Minette
Bon Secour
Daphne
Spanish Fort
Elberta
Fairhope
Foley
Gulf Shores
Lillian
Little River
Loxley
Magnolia Spgs
Orange Beach
Perdido
Robertsdale
Seminole
Silverhill
Stapleton
Stockton
Summerdale
21 Total Baldwin County
Area Code
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
Industrial Properties
Table 1.
Mobile and Baldwin County
Advertised For Lease
Summer 2011
Asking Lease Rate per SF by Property
Zip Code
Asking Lease Per S.F.
Total Advertised S.F.
36507
36507
36509
36525
36526
36526
36526
36527
36535
36535
36544
36544
36551
36551
36572
36575
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36602
36602
36603
36603
36603
$4.50
$4.50
300,000
6,000
22,664
$2.93
$5.76
$6.50
$6.50
$2.00
$4.50
5,625
15,600
12,600
94,049
124,940
110,000
24,368
$0.43
$5.50
$4.50
$4.50
$4.50
$5.50
$7.00
$7.25
$6.25
$15.00
12,875
10,000
7,200
5,000
5,000
13,000
63,628
$3.50
11,850
Industrial Properties
Table 1.
Mobile and Baldwin County
Advertised For Lease
Summer 2011
Asking Lease Rate per SF by Property
Zip Code
Asking Lease Per S.F.
Total Advertised S.F.
36606
36606
36606
36606
36606
36607
36607
36607
36607
36608
36608
36608
36608
36609
36610
36610
36611
36615
36615
36615
36615
36615
36615
36615
36615
36615
36615
36615
36617
36617
36617
$11.00
$5.00
$5.50
$6.00
$8.00
$5.00
44,606
7,200
$3.25
$36.32
76,496
11,700
3,742
3,900
8,400
24,400
11,550
2,000
17,200
$4.50
$4.50
7,644
$3.58
21,600
8,360
32,000
Industrial Properties
Table 1.
Mobile and Baldwin County
Advertised For Lease
Summer 2011
Asking Lease Rate per SF by Property
Zip Code
36618
36619
36619
36619
36619
36693
36693
36693
36693
36693
36693
36693
36693
36693
36693
36693
Median
Properties Reporting
Asking Lease Per S.F.
Total Advertised S.F.
$3.50
38,500
$6.00
7,500
$8.50
$6.50
$1.25
$7.00
$6.90
4,000
16,800
14,000
$5.50
$6.00
$7.00
$5.50
4,500
12,600
40
39
Industrial Properties
Table 2.
Mobile and Baldwin County
Advertised For Lease
Summer 2011
Vacancy Rate by Property
Zip Code
36507
36507
36509
36525
36526
36526
36526
36527
36535
36535
36544
36544
36551
36551
36572
36575
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36602
36602
36603
36603
36603
Total Advertised
S.F.
Advertised
Available S.F.
Calculated
Vacancy Rate
300,000
6,000
22,664
100%
100%
100%
94,049
124,940
300,000
6,000
22,664
15,375
1,875
15,600
12,600
2,500
50,000
94,049
124,940
110,000
24,368
110,000
24,368
100%
100%
12,875
10,000
12,875
10,000
11,000
12,230
100%
100%
7,200
7,200
9,350
11,534
5,000
100%
5,000
100%
4,821
8%
176,000
11,850
100%
5,625
15,600
12,600
5,000
5,000
13,000
63,628
11,850
33%
100%
100%
100%
100%
100%
Industrial Properties
Table 2.
Mobile and Baldwin County
Advertised For Lease
Summer 2011
Vacancy Rate by Property
Zip Code
36606
36606
36606
36606
36606
36607
36607
36607
36607
36608
36608
36608
36608
36609
36610
36610
36611
36615
36615
36615
36615
36615
36615
36615
36615
36615
36615
36615
36617
36617
36617
Total Advertised
S.F.
Advertised
Available S.F.
Calculated
Vacancy Rate
44,606
7,200
8,712
7,200
23,500
3,742
20%
100%
8,400
14,310
76,496
11,700
4,000
100%
3,742
3,900
8,400
76,496
11,700
100%
100%
100%
24,400
11,550
2,000
17,200
11,550
100%
17,200
28,000
100%
15,000
17,500
7,644
7,644
100%
21,600
8,360
32,000
28,000
151,200
8,360
32,000
3,200
700%
100%
100%
Industrial Properties
Table 2.
Mobile and Baldwin County
Advertised For Lease
Summer 2011
Vacancy Rate by Property
Zip Code
36618
36619
36619
36619
36619
36693
36693
36693
36693
36693
36693
36693
36693
36693
36693
36693
Total
Median
Properties
Reporting
Total Advertised
S.F.
Advertised
Available S.F.
Calculated
Vacancy Rate
38,500
38,500
14,000
7,500
8,400
100%
7,500
100%
6,250
4,000
16,800
14,000
4,500
16,800
2,000
8,600
8,500
2,500
4,500
4,275
1,210,497
12,600
1,656,370
11,550
39
57
100%
14%
100%
Industrial Properties
Table 3.
Mobile and Baldwin County
Summer 2011
Mobile
Total Market of Industrial Properties Advertised for Lease
Zip Code
Property Name
Address
City
Year
Built
Total
S.F.
Lease
Available Agent Name &
Price
S.F.
Phone #
Per S.F.
36509
U. S. Hwy 98
26094 U. S. Hwy 98
Elberta
22664
36525
9513 Sailor Rd
9513 Sailor Rd
Creola
1978
36544
12045 Padgett Switch Road 12045 Padgett Switch Road
Irvington
1995
124940
36544
Lot 2, Interchange
Commerce Park
Lot 2, Interchange Commerce
Park
Irvington
36572
Cain Industrial Park
Baldwin Road
Satsuma
36575
3180 Snow Road N
3180 Snow Road N
Semmes
1999
12875
36582
5365 Willis Road
5365 Willis Road
Theodore
36582
5832 Highway 90 West
5832 Highway 90 West
Theodore
36582
Theodore Area Warehouse 5290 Willis Road
36582
Mobile South Business Park 5155 Mobile South Street
36582
Business Parkway
5275 Business Parkway
Theodore
36582
5460 Middle Rd
5460 Middle Rd
Theodore
36582
5730 Middle Rd.
5730 Middle Rd
Theodore
36582
5300 Carol Plantation Road 5300 Carol Plantation Road
Theodore
36582
Business Parkway
5275 Business Parkway
Theodore
36582
Hamilton Blvd
5245 Hamilton Blvd
Theodore
36602
811 St. Francis Street
811 St. Francis Street
Mobile
13000
36602
GM & O Building
110 Beauregard Street
Mobile
63628
36603
Conception Street Road
Conception Street Road
Mobile
36603
McPhillips Manufacturing
301 Yeend St
Mobile
36603
Maryland St Property
211 Maryland St
Mobile
11850
36606
Commercial Park Drive
2508 Commercial Park Drive
Mobile
3742
$6.00
3742
36606
3349-A Halls Mill Road
3349-A Halls Mill Road
Mobile
7200
$5.00
7200
36606
Dauphin Center
2866 Dauphin Street
Mobile
44606
$11.00
8712
36606
Beltline Hwy
1541 East Beltline Hwy South
Mobile
$5.50
23500
36606
3217 Executive Park Circle
3217 Executive Park Circle
Mobile
$2.93
1977
Mobile
22664
7200
THEODORE
15375
124940
$0.43
12875
$4.50
12230
$7.00
11534
$4.50
7200
$4.50
2004
5000
$7.25
5000
10000
$5.50
10000
11000
5000
1985
3900
$6.25
5000
$5.50
9350
$15.00
4821
$3.50
176000
11850
$8.00
Jeremy B. Milling,
Ccim 251-471-1000
Bob Cooper
251-639-4007
Adam Metcalfe
251-432-2600
Adam Metcalfe
251-432-2600
Pete Riehm
251-438-4312
Cynthia Byrd
251-649-1000
Adam Metcalfe
251-432-2600
Adam Metcalfe
251-432-2600
Allan R. Cameron,
Jr. 251-438-4312
Mitchum Jackson
251-479-8606
Mitchum Jackson
251-479-8606
David Cooper
251-639-4007
David Cooper
251-639-4007
Terry Mckinney
251-460-0910
Jeremy B. Milling,
Ccim 251-471-1000
Pratt Thomas
251-476-0808
Adam Metcalfe
251-432-2600
Allan R. Cameron,
Jr. 251-438-4312
Adam Metcalfe
251-432-2600
Cameron Weavil
251-438-6000
Cameron Weavil
251-438-6000
Tommy Gleason Jr.
251-342-1636
Joseph G. (Joey)
Betbeze, Jr.
251-476-4111
John Toomey 251342-7229
Todd Drummond
251-694-1180
Todd Drummond
251-694-1180
Industrial Properties
Table 3.
Mobile and Baldwin County
Summer 2011
Mobile
Total Market of Industrial Properties Advertised for Lease
Zip Code
Property Name
Address
Lease
Available Agent Name &
Price
S.F.
Phone #
Per S.F.
City
Year
Built
Total
S.F.
2006
8400
$5.00
8400
36607
Crichton Office Warehouse 3009 Cotton Street
Mobile
36607
2904 Mill Street
Mobile
11700
$36.32
11700
36607
Former Dillards Warehouse 65 Sydney Phillips Drive
Mobile
76496
$3.25
76496
36607
Mill Street
Office/Warehouse
3002 Mill Street
Mobile
14310
36608
7970 Zeigler Blvd
7970 Zeigler Blvd
Mobile
4000
36608
8420 Tanner Williams Road 8420 Tanner Williams Road
Mobile
11550
36608
Hangar/Office Space
8400 Airport Blvd
Mobile
24400
36608
Outparcels - total of 27
acres
Mobile Regional Airport
Mobile
36609
1266 Hutson Drive
1266 Hutson Drive
Mobile
2000
36610
2500 Papermill Road
2500 Papermill Road
Mobile
17200
36610
Braco Industrial Park
1315 St. Stephens St.
Prichard
36611
750-F Viaduct Rd. N.
750-F Viaduct Rd. N.
Chickasaw
36615
Office/Warehouse in
Brookley
2048 B South Broad St
Mobile
36615
Office Building no. 1
15th St & Broad St
Mobile
36615
Building in Brookley
1771 15th Street
Mobile
36615
Brookley Aeroplex - 7 acres Commanders Dr
Mobile
36615
11,500 sf building
1931 9th St
Mobile
1779 6th St
Mobile
Nowlin St & Madea St
Mobile
Perimeter Rd & Michigan Ave
Mobile
Gatotkoco Dr
Mobile
16th Street Circle (at Ft.
Whiting & U.S. Coast Guard)
Mobile
15th St & Broad St
Mobile
off Broad St (total of 7 units)
Mobile
21600
151200
36617
Ga Pacific Office Warehouse 3451 Georgia Pacific Avenue
Mobile
32000
32000
36617
1800 E I-65 Service Rd N
Mobile
8360
36615
36615
36615
36615
36615
36615
36615
7,644 sf warehouse
(Building 2)
Brookley Aeroplex - 10
acres
Brookley Aeroplex - 15
acres
Brookley Aeroplex - 25
acres
Brookley Aeroplex - 27
acres
Brookley Aeroplex Office
Building no. 1
21,600 sf Warehouse
Buildings
2904 Mill Street
1800 E I-65 Service Rd N
11550
17200
28000
$4.50
15000
28000
$4.50
7644
17500
7644
28000
$3.58
8360
Allan R. Cameron,
Jr. 251-438-4312
Joseph G. (Joey)
Betbeze, Jr.
251-476-4111
Jeremy B. Milling,
Ccim 251-471-1000
Todd Drummond
251-694-1180
Ty Irby
251-649-1000
Richard Mann
251-300-3396
Carleen Stout
251-650-1487
Carleen Stout
251-650-1487
Adam Metcalfe
251-432-2600
Adam Metcalfe
251-432-2600
Terry Mckinney
251-460-0910
Angela Mcarthur
251-639-4007
Mitchum Jackson
251-479-8606
Carleen Stout
251-650-1487
Mitchum Jackson
251-479-8606
Carleen Stout 251650-1487
Carleen Stout 251650-1487
Carleen Stout 251650-1487
Carleen Stout 251650-1487
Carleen Stout 251650-1487
Carleen Stout 251650-1487
Carleen Stout 251650-1487
Carleen Stout 251650-1487
Carleen Stout 251650-1487
Allan R. Cameron,
Jr. 251-438-4312
Bob Cooper
251-639-4007
Industrial Properties
Table 3.
Mobile and Baldwin County
Summer 2011
Mobile
Total Market of Industrial Properties Advertised for Lease
Zip Code
Property Name
Address
City
Year
Built
Total
S.F.
Lease
Available Agent Name &
Price
S.F.
Phone #
Per S.F.
36617
3405 Beltline Park Dr.
3405 Beltline Park Dr.
Mobile
3200
36693
1668 W I-65 Service Rd. S
1668 W I-65 Service Rd. S
Mobile
36618
3944 Moffett Rd.
3944 Moffett Rd.
Mobile
36619
4636 Schillinger Road South 4636 Schillinger Road South
36619
Rangeline Road Warehouse 5460 Rangeline Road
Theodore
36619
Kooiman Rd Warehouses
5235 Kooiman Rd
Theodore
36619
Bullitt Drive
7821 Bullitt Drive
Mobile
36693
4474B Halls Mill Rd.
4474B Halls Mill Rd.
Mobile
2009
14000
36693
921 Lakeside Drive
921 Lakeside Drive
Mobile
1983
4000
36693
Joy Spring Drive
3740 Joy Springs Drive
Mobile
$8.50
36693
850 Lakeside Drive
850 Lakeside Drive
Mobile
$6.50
6250
36693
1668 W I-65 Service Rd. S
1668 W I-65 Service Rd. S
Mobile
$1.25
16800
36693
Halls Mill Road Warehouse 4345 Halls Mill Road
Mobile
$6.90
8600
36693
Lakeside Office/Warehouse 801 Lakeside Drive
Mobile
8500
36693
801 Lakeside Dr
801 Lakeside Dr
Mobile
2500
36693
779 Lakeside Dr, Suite A
779 Lakeside Dr, Suite A
Mobile
36693
854 Lakeside Dr, Suite D
854 Lakeside Dr, Suite D
36693
5715 Rabbit Creek Rd
5715 Rabbit Creek Rd
1981
Mobile
16800
$1.25
16800
7500
$6.00
7500
14000
1985
38500
$3.50
38500
8400
1981
1974
16800
4500
$7.00
2000
$5.50
4500
Mobile
$6.00
4275
Mobile
$7.00
David Cooper
251-639-4007
Bob Cooper
251-639-4007
Holly Shirley 251300-3397
Adam Metcalfe
251-432-2600
John D. Peebles
251-438-4312
Mitchum Jackson
251-479-8606
Terry Mckinney
251-460-0910
Tommy Gleason Jr.
251-342-1636
Adam Metcalfe
251-432-2600
Ralph Neal, Iii
251-602-1403
Ralph Neal, Iii
251-602-1403
Bob Cooper
251-639-4007
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
Todd Drummond
251-694-1180
Industrial Properties
Table 3.
Mobile and Baldwin County
Summer 2011
Baldwin
Total Market of Industrial Properties Advertised for Lease
Zip Code
Property Name
Address
Lease
Available Agent Name
Price
S.F.
& Phone #
Per S.F.
City
Year
Built
Total
S.F.
Bay Minette
2007
6000
$4.50
6000
Bay Minette
1995
300000
$4.50
300000
5625
$5.76
1875
36507
6,000 SF Warehouse for
Sale or Lease
36507
HWY 31 Distribution Center 2410 US HWY 31
36526
Daphne Office/Warehouse
9101 Milton Jones Rd.
Daphne
36526
25421 Highway 181
25421 Highway 181
Daphne
2003
15600
$6.50
15600
36526
25421-A Highway 181
25421-A Highway 181
Daphne
2004
12600
$6.50
12600
36527
Old Highway 31 (Bunny
Bread Warehouse)
11100 Old US HWY 31
timber Creek
36535
Highway 59
Highway 59
36535
Peavey Electronics Building 410 EAST SECTION AVE
Foley
36551
Warehouse Space in Loxley,
Railroad Ave
Al
Loxley
36551
RMS Precision Building
Loxley
421 Oak Street
30105 Hwy 59 North
2500
Foley
94049
2000
$2.00
50000
$4.50
94049
110000
110000
24368
24368
Haran Hunter
251-981-2400
Philip Hodgson
251-990-6622
Philip Hodgson
251-990-6622
Jeff Barnes
251-990-6622
Jeff Barnes
251-990-6622
Marl Cummings
Iv 251-476-6000
Adam Metcalfe
251-432-2600
John D. Peebles
251-438-4312
Mitchum Jackson
251-479-8606
Jeremy B.
Milling, Ccim 251-
Table 4.
Industrial Properties
Mobile and Baldwin County
Advertised For Sale
Summer 2011
Advertised Sale Price per SF by Property
Zip Code
Advertised Sales
Price
Advertised
Square Foot
36507
36509
36521
36525
36525
36525
36525
36525
36525
36525
36525
36526
36526
36526
36526
36526
36526
36526
36532
36532
36544
36544
36544
36551
36551
36551
36551
36560
36571
$299,900
$1,390,000
$748,000
$750,000
Call For Pricing
$2,695,000
$100,000
$200,000
$150,000
$125,000
$2,070,000
$469,000
$750,000
$700,000
$495,000
$273,000
$341,250
$341,250
$1,099,000
$389,000
$649,749
$295,000
$2,750,000
$235,000
$4,000,000
$110,000
$965,000
$203,000
$400,000
6,000
22,664
37,614
5,625
15,600
12,600
12,800
7,000
8,750
8,750
45,650
7,500
22,500
124,940
110,000
24,368
Table 4.
Industrial Properties
Mobile and Baldwin County
Advertised For Sale
Summer 2011
Advertised Sale Price per SF by Property
Zip Code
Advertised Sales
Price
36571
36571
36572
36572
36575
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36602
36602
36602
36602
36603
36603
36603
36603
36603
$350,000
$1,364,000
$200,000
$640,000
$349,900
$180,000
$495,000
$110,000
$115,000
$110,000
$105,000
$2,274,000
$675,000
$729,000
$800,000
$325,000
$250,000
$350,000
$239,900
$229,500
$1,500,000
$2,700,000
Call For Pricing
$269,000
$575,000
$3,985,000
$530,000
$138,000
$190,000
Advertised
Square Foot
12,875
8,000
5,000
3,000
5,000
11,850
Table 4.
Industrial Properties
Mobile and Baldwin County
Advertised For Sale
Summer 2011
Advertised Sale Price per SF by Property
Zip Code
Advertised Sales
Price
Advertised
Square Foot
36604
36605
36605
36606
36606
36606
36607
36607
36608
36608
36610
36610
36612
36615
36617
36617
36618
36618
36619
36619
36619
36619
36671
36693
36693
36693
36693
36693
36695
$819,000
$420,000
$383,250
$398,000
$195,000
$320,000
$425,000
$550,000
$350,000
$775,000
$600,000
$500,000
$430,000
$625,000
$230,000
$340,000
$1,375,000
$255,000
$495,000
$289,500
$2,200,000
$450,000
Call For Pricing
$39,000
$225,000
Call For Pricing
$390,000
$629,000
$190,000
23,000
3,742
3,900
11,700
11,550
32,500
23,400
1,600
7,500
Table 4.
Industrial Properties
Mobile and Baldwin County
Advertised For Sale
Summer 2011
Advertised Sale Price per SF by Property
Zip Code
Median
Properties
Reporting
Advertised Sales
Price
Advertised
Square Foot
$398,000
$11,700
87
31
Table 5.
Industrial Properties
Mobile and Baldwin County
Summer 2011
Advertised For Sale
Price Per S.F by Property
Zip Code
Sales Price
36507
36509
36521
36525
36525
36525
36525
36525
36525
36525
36525
36526
36526
36526
36526
36526
36526
36526
36532
36532
36544
36544
36544
36551
36551
36551
36551
36560
36571
$299,900
$1,390,000
$748,000
$750,000
Call For Pricing
$2,695,000
$100,000
$200,000
$150,000
$125,000
$2,070,000
$469,000
$750,000
$700,000
$495,000
$273,000
$341,250
$341,250
$1,099,000
$389,000
$649,749
$295,000
$2,750,000
$235,000
$4,000,000
$110,000
$965,000
$203,000
$400,000
Building
S.F.
Sales Price Sales Price
per Building per Site
S.F.
S.F.
$49.98
$49.98
$61.33
$61.33
$19.89
$19.89
$48.78
Site S.F.*
Acres
6,000
22,664
37,614
15,375
6,000
22,664
37,614
0.66
3.20
4.64
4.69
110.00
770.00
5.00
20.00
10.00
5.00
5,625
15,600
12,600
5.00
1.50
1.50
$83.38
$48.08
$55.56
45,650
7,500
22,500
5,625
15,600
12,600
12,800
7,000
8,750
8,750
45,650
7,500
22,500
$24.07
$51.87
$28.88
124,940
124,940
7.06
0.43
9.40
2.46
11.00
$83.38
$48.08
$55.56
$38.67
$39.00
$39.00
$39.00
$24.07
$51.87
$28.88
$22.01
$22.01
110,000
110,000
13.00
$36.36
$36.36
24,368
24,368
7.50
$39.60
$39.60
Table 5.
Industrial Properties
Mobile and Baldwin County
Summer 2011
Advertised For Sale
Price Per S.F by Property
Zip Code
Sales Price
36571
36571
36572
36572
36575
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36582
36602
36602
36602
36602
36603
36603
36603
36603
36603
$350,000
$1,364,000
$200,000
$640,000
$349,900
$180,000
$495,000
$110,000
$115,000
$110,000
$105,000
$2,274,000
$675,000
$729,000
$800,000
$325,000
$250,000
$350,000
$239,900
$229,500
$1,500,000
$2,700,000
Call For Pricing
$269,000
$575,000
$3,985,000
$530,000
$138,000
$190,000
Building
S.F.
Site S.F.*
Acres
Sales Price Sales Price
per Building per Site
S.F.
S.F.
6.84
718,740
12,875
8,000
12,875
16.50
1.02
$0.89
$27.18
$27.18
8,000
1.70
$61.88
$61.88
0
11,534
12.00
$58.52
479,160
5,000
5,000
5,000
3,000
5,000
3,000
5,000
108.00
11.00
0.20
1.00
$1.67
$65.00
$50.00
$65.00
$79.97
$45.90
$79.97
$45.90
11.00
1.00
$56.04
$48.73
$22.64
$44.73
$44.73
0.53
$8.27
2.00
1.24
2.09
0.93
4,800
11,800
176,000
11,850
22,985
11,850
Table 5.
Industrial Properties
Mobile and Baldwin County
Summer 2011
Advertised For Sale
Price Per S.F by Property
Zip Code
Sales Price
36604
36605
36605
36606
36606
36606
36607
36607
36608
36608
36610
36610
36612
36615
36617
36617
36618
36618
36619
36619
36619
36619
36671
36693
36693
36693
36693
36693
36695
$819,000
$420,000
$383,250
$398,000
$195,000
$320,000
$425,000
$550,000
$350,000
$775,000
$600,000
$500,000
$430,000
$625,000
$230,000
$340,000
$1,375,000
$255,000
$495,000
$289,500
$2,200,000
$450,000
Call For Pricing
$39,000
$225,000
Call For Pricing
$390,000
$629,000
$190,000
Building
S.F.
Site S.F.*
Acres
23,000
23,000
1.90
13.00
Sales Price Sales Price
per Building per Site
S.F.
S.F.
$35.61
$35.61
5.20
3,742
11,700
14,310
12,500
11,550
3,742
3,900
11,700
11,550
32,500
23,400
3,200
7,500
$52.11
0.40
5.00
10.12
6.50
30.00
23,400
0.35
4.22
1,600
7,500
2.00
2.20
2.96
43.26
8,400
$36.32
$38.43
$28.00
$67.10
4.11
0.96
$67.10
$15.38
$26.71
$71.88
$66.00
$53.57
4.50
47.50
$52.11
$82.05
$36.32
$26.71
$159.38
$66.00
Table 5.
Industrial Properties
Mobile and Baldwin County
Summer 2011
Advertised For Sale
Price Per S.F by Property
Zip Code
Sales Price
Building
S.F.
Median
$398,000
$12,175
Properties
83
38
Reporting
Median Sales Price Per Building S.F.
Median Sales Price Per Site S.F.
Site S.F.*
Acres
$11,700
$5
31
54
Sales Price Sales Price
per Building per Site
S.F.
S.F.
$48
$45
37
31
$48.08
$44.73
*Site S.F. obtained by converting acreage listed to square feet by using the conversion
factor: 1 acre = 43560 square feet
Industrial Properties
Table 6.
Mobile and Baldwin County
Mobile
Summer 2011
Masterfile of Industrial Properties Advertised for Sale
Zip Code Property Name
Address
City
Sales Price
Building
S.F.
Site S.F.
36509
U. S. Hwy 98
26094 U. S. Hwy 98
Elberta
$1,390,000
22,664
22664
36521
13400 Celeste Rd.
13400 Celeste Rd.
Chunchula
$748,000
37,614
37614
36525
2 Outstanding
Warehouse/Distribution
Hwy 43 & I-65
Corridor
Creola
Call For Pricing
36525
9513 Sailor Rd
9513 Sailor Rd
Creola
$750,000
36525
Virginia Station Parcel F
1100 Radcliff Road
Creola
$2,695,000
36525
Virginia Station Parcel C
1100 Radcliff Road
Creola
$100,000
36525
Virginia Station Parcel A
1100 Radcliff Road
Creola
$200,000
36525
Virginia Station Parcel B
1100 Radcliff Road
Creola
$150,000
36525
Virginia Station Advantage
Site
1100 Radcliff Road
Creola
$125,000
36525
Virginia Station Parcel E
1100 Radcliff Road
Creola
$2,070,000
36544
Lot 2, Interchange
Commerce Park
Irvington
$295,000
Irvington
$2,750,000
124,940
124940
Irvington
$649,749
22,500
22500
Axis
$203,000
36544
36544
Lot 2, Interchange
Commerce Park
12045 Padgett Switch
12045 Padgett Switch Road
Road
8325 Padgett Switch
8325 Padgett Switch Rd
Rd
36560
Salco Road (35 Acres)
36571
Mobile River Industrial Park
Bill Myles Drive West
Parcel
Saraland
$350,000
36571
Sawmill Road
1 Sawmill Road
Saraland
$400,000
36571
Highway 158
0 Highway 158
Saraland
$1,364,000
36572
Baldwin Road Land
West End of Baldwin
Road
Satsuma
$640,000
36572
Highway 43 - 3.06 acres
0 Highway 43
Satsuma
$200,000
36575
3180 Snow Road N
3180 Snow Road N
Semmes
$349,900
12,875
36582
5832 Highway 90 West
Theodore
$675,000
11,534
Theodore
$250,000
5,000
Theodore
$800,000
479,160
Theodore
$325,000
5,000
36582
36582
36582
CONVENIENTLY LOCATED
SMALL WAREHOUSE
SE Corner of Carol
Plantation and Old
Business Parkway
1 Salco Road
15,375
5832 Highway 90
West
5370 LAURENDINE
ROAD
Carol Plantation and
Old Pascagoula Rd
5275 Business
Parkway
718,740
12875
5000
Agent Name &
Phone #
Jeremy B. Milling,
Ccim 251-471-1000
Holly Shirley
251-300-3397
John D. Peebles
251-438-4312
Bob Cooper
251- 639-4007
Terry Mckinney
251-460-0910
Terry Mckinney
251-460-0910
Terry Mckinney
251-460-0910
Terry Mckinney
251-460-0910
Terry Mckinney
251-460-0910
Terry Mckinney
251-460-0910
Adam Metcalfe
251-432-2600
Adam Metcalfe
251-432-2600
David Cooper
251- 639-4007
Marl Cummings Iv
251-476-6000
Allan R. Cameron,
Jr. 251-438-4312
Marl Cummings Iv
251-476-6000
Terry Mckinney
251-460-0910
Allan R. Cameron,
Jr. 251-438-4312
David Cooper
251- 639-4007
Cynthia Byrd
251-649-1000
Adam Metcalfe
251-432-2600
John D. Peebles
251-438-4312
Marietta Urquhart
251-479-8606
Mitchum Jackson
251-479-8606
Industrial Properties
Table 6.
Mobile and Baldwin County
Mobile
Summer 2011
Masterfile of Industrial Properties Advertised for Sale
Zip Code Property Name
Address
City
Sales Price
Building
S.F.
Site S.F.
36582
5540 E. Rite Rd, Theodore,
AL
5540 E Rite Rd
Theodore
$180,000
36582
9330 Ben Hamilton Rd
9330 Ben Hamilton
Rd.
Theodore
$495,000
36605
Cassie Lane
Cassie Lane
Mobile
$420,000
Mobile South Business Park
L 12
Mobile South Business Park
L 16
Mobile South Business Park
L 17
Mobile South Business Park
L 18
Business ParkWay Lot
12
Theodore
$110,000
Business ParkWay
Theodore
$115,000
Theodore
$110,000
Theodore
$105,000
36582
Willis Rd 11.37 Acres
Willis Rd
Theodore
$2,274,000
36582
8762 Brasfield Rd
8762 Brasfield Rd.
Theodore
$729,000
36582
5300 Carol Plantation Road
Theodore
$350,000
36582
Business Parkway
Theodore
$229,500
5,000
5000
36582
5998 Hwy 90
5998 Hwy 90
Theodore
$239,900
3,000
3000
36602
257 S. Royal Street
257 S. Royal Street
Mobile
$1,500,000
36602
S. Royal Street
S. Royal Street
Mobile
$2,700,000
36602
257 St Joseph Street
257 St Joseph Street
Mobile
Call For Pricing
36602
701 St Louis Street
701 St Louis Street
Mobile
$269,000
4,800
36603
211 Mayland Street
211 Maryland Street
Mobile
$575,000
11,800
36603
Conception Street
705 Conception Street
Mobile
$138,000
36603
I-10 & Virginia St. Exit
904 Lawrence Franklin
Mobile
$190,000
22,985
36603
McPhillips Manufacturing
301 Yeend St
Mobile
$3,985,000
176,000
36603
Maryland St Property
211 Maryland St
Mobile
$530,000
11,850
11850
36604
Mobile Power Brake
1002 Springhill
Avenue
Mobile
$819,000
23,000
23000
36605
Cassie Lane
Cassie Lane
Mobile
$420,000
36605
Navco Road
0 Navco Road
Mobile
$383,250
36582
36582
36582
36582
Business ParkWay Lot
17
Business ParkWay Lot
18
5300 Carol Plantation
Road
5275 Business
Parkway
8,000
8000
566280
0
Agent Name &
Phone #
David Cooper
251- 639-4007
David Cooper
251- 639-4007
Brian Metcalfe
251-432-2600
David Cooper
251- 639-4007
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
Terry Mckinney
251-460-0910
Jeremy B. Milling,
Ccim 251-471-1000
Tony Martin
251-639-4007
Adam Metcalfe
251-432-2600
Adam Metcalfe
251-432-2600
Todd Drummond
251-694-1180
Todd Drummond
251-694-1180
Adam Metcalfe
251-432-2600
Tammy Adcock
251-438-4312
Tammy Adcock
251-438-4312
Cameron Weavil
251-438-6000
Cameron Weavil
251-438-6000
David Dexter
251-471-1000
Brian Metcalfe
251-432-2600
Marl Cummings, Iii
251-476-6000
Industrial Properties
Table 6.
Mobile and Baldwin County
Mobile
Summer 2011
Masterfile of Industrial Properties Advertised for Sale
Zip Code Property Name
Address
City
Sales Price
Building
S.F.
Site S.F.
3,742
3742
2508 Commercial Park
Drive
Halls Mills Rd. across
from Riviere Du Chein
3217 Executive Park
Circle
Mobile
$195,000
Mobile
$398,000
Mobile
$320,000
2904 Mill Street
2904 Mill Street
Mobile
$425,000
11,700
36607
3002 Mill Street
3002 Mill Street
Mobile
$550,000
14,310
36608
McKinley Ave
7733 McKinley Ave
Mobile
$350,000
12,500
36608
8420 Tanner Williams Road
8420 Tanner Williams
Road
Mobile
$775,000
11,550
36610
I-165 at Bay Bridge Road
Interstate 165
Mobile
$600,000
36610
Braco Industrial Park
1315 St. Stephens Rd.
Prichard
$500,000
36612
Anton Street
222 Anton Street
Mobile
$430,000
36615
Brookley Warehouse
1944 South Broad
Street
Mobile
$625,000
36617
Corporate Drive S.
5 Corporate Drive S.
Mobile
$340,000
36617
3405 Beltline Park Dr.
3405 Beltline Park Dr.
Mobile
$230,000
36618
Walton Property
7501 & 7511 Howell's
Ferry Road
Mobile
$1,375,000
36618
3926 Moffett Rd
3926 Moffett Rd
Mobile
$255,000
36619
4636 Schillinger Road South
4636 Schillinger Road
South
Mobile
$495,000
36619
Calhoun Road
Calhoun Road
Tillman's
Corner
$289,500
36619
SouthPort Industrial Estate
Hamilton Blvd
Theodore
$2,200,000
36619
Bullitt Drive
7821 Bullitt Drive
Mobile
$450,000
36671
25 +/- ACRES SEMMES AL
Semmes AL
Semmes
Call For Pricing
36693
I-10/Halls Mill Rd Lots
Halls Mill Rd just west
of River Du Chein Dr
Mobile
$225,000
36693
Alden Dr L 6 Lloyd's Station
Alden Drive Lot 6
Industrial Park
Mobile
$39,000
36693
4951 Halls Mill Rd.
4951 Halls Mill Rd.
Mobile
$629,000
36693
Laughlin Industrial Park
4525 Halls Mill Road
Mobile
Call For Pricing
36606
Commercial Park Drive
36606
Halls Mill @ Riviere Du
Chein
36606
3217 Executive Park Circle
36607
3900
11700
11550
32500
23,400
23400
3,200
1600
7,500
8,400
7500
Agent Name &
Phone #
Tommy Gleason Jr.
251-342-1636
Adam Metcalfe
251-432-2600
Todd Drummond
251-694-1180
Joseph G. (Joey)
Betbeze, Jr.
251-476-4111
Todd Drummond
251-694-1180
Mitchum Jackson
251-479-8606
Richard Mann
251-300-3396
Brian Metcalfe
251-432-2600
Terry Mckinney
251-460-0910
Brian Metcalfe
251-432-2600
Tommy Praytor,
Ccim 251-343-9890
John Delchamps
251-476-0808
David Cooper
251- 639-4007
Allan R. Cameron,
Jr. 251-438-4312
Richard Mann
251-300-3396
Adam Metcalfe
251-432-2600
Adam Metcalfe
251-432-2600
John D. Peebles
251-438-4312
Terry Mckinney
251-460-0910
Todd Drummond
251-694-1180
John D. Peebles
251-438-4312
David Cooper
251- 639-4007
Deepa Rajan
251-639-4007
Todd Drummond
251-694-1180
Industrial Properties
Table 6.
Mobile and Baldwin County
Mobile
Summer 2011
Masterfile of Industrial Properties Advertised for Sale
Zip Code Property Name
Address
City
Sales Price
5715 Rabbit Creek Rd
Mobile
$390,000
Mobile
$190,000
36693
5715 Rabbit Creek Rd
36695
0 Cottage Hill Rd (Smithfeild) 7430 Cottage Hill Rd
Building
S.F.
Site S.F.
Agent Name &
Phone #
Todd Drummond
251-694-1180
Angela Mcarthur
251- 639-4007
Industrial Properties
Table 6.
Mobile and Baldwin County
Baldwin
Summer 2011
Masterfile of Industrial Properties Advertised for Sale
Zip Code Property Name
36507
36526
36526
36526
36526
6,000 SF Warehouse for Sale
or Lease
TK Business Park-1014
Stanton Road in Daphne AL
TK Business Park-1018
Stanton Road in Daphne AL
TK Business Park-1026
Stanton Road in Daphne AL
TK Business Park-1030
Stanton Road in Daphne AL
City
Sales Price
Building
S.F.
Site S.F.
Bay Minette
$299,900
6,000
6000
1014 Stanton Road
Daphne
$495,000
12800
1018 Stanton Road
Daphne
$273,000
7000
1026 Stanton Road
Daphne
$341,250
8750
1030 Stanton Road
Daphne
$341,250
8750
Address
421 Oak Street
36526
Daphne Office/Warehouse
9101 Milton Jones Rd.
Daphne
$469,000
5,625
5625
36526
25421 Highway 181
25421 Highway 181
Daphne
$750,000
15,600
15600
36526
25421-A Highway 181
25421-A Highway 181
Daphne
$700,000
12,600
12600
36532
Pecan Street - Fairhope, AL
451 Pecan Street
Fairhope
$1,099,000
45,650
45650
36532
Sledge's Millwork
7800 County Road 24
Fairhope
$389,000
7,500
7500
Loxley
$4,000,000
110,000
110000
Loxley
$235,000
24,368
24368
36551
36551
Warehouse Space in Loxley,
Railroad Ave
Al
Hwy 59 Loxley I-10 Business
Hwy 59
Park
36551
RMS Precision Building
30105 Hwy 59 North
Loxley
$965,000
36551
Commerical Lot 29990 Hwy
49 North Loxley
29990 North Hwy 49
Loxley
$110,000
Agent Name &
Phone #
Haran Hunter
251-981-2400
Beverley Valrie
251-928-9890
Beverley Valrie
251-928-9890
Beverley Valrie
251-928-9890
Beverley Valrie
251-928-9890
Philip Hodgson
251-990-6622
Jeff Barnes
251-990-6622
Jeff Barnes
251-990-6622
Burton Clark
251-476-6000
Diane Horst, Abr
251-981-1324
Mitchum Jackson
251-479-8606
David Cooper
251- 639-4007
Jeremy B. Milling,
Ccim 251-471-1000
Joe Steen
251-607-7880