Mobile
Retail 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: 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 Mitchell
College of Business, the Center for Real Estate Studies. This report contains information
for Summer 2011 Retail 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 Retail data is the Commercial Property Directory,
Birmingham, AL.
www.commercialpropertydirectory.com
In addition to the Retail report, three other commercial reports (Land, Office and
Industrial) can be found on the Center for Real Estate Studies website:
http://cres.southalabama.edu.
For additional information, please contact:
Don Epley, Director, Center for Real Estate Studies
Phone:
(251) 460-6735
depley@usouthal.edu
Email:
The data for this report was completed by:
Meredith McCutchen, MBA Student
Mitchell College of Business
MOBILE Retail Properties
For Lease and For Sale
Table of Contents
Introduction
Page - 2
Executive Summary
Page - 4
List of Zip Codes
Page - 5
Table 1:
Asking Lease Rate per Square Foot (S.F.) by Zip Code
Pages 6 - 8
Table 2:
Vacancy Rate by Property
Pages 9 - 11
Table 3:
Total Market of Retail Properties Advertised for Lease
Pages 12 - 18
Table 4:
Advertised Sales Price per S.F. by Zip Code
Page - 19-20
Table 5:
Sales Price per S.F. by Zip Code
Page - 21-22
Table 6:
Total Market of Retail Properties Advertised for Sale
Pages 23-25
Center for Real Estate Studies
Mitchell College of Business
University of South Alabama
Executive Summary
2011 Advertised Retail Properties for Lease:
Total Properties Listed ………………………………78
Asking Lease Rate per S.F. …………………………Median $12.00 with 49 Properties Reporting
Total Advertised S.F. …………………………………Median 9,800 with 51 Properties Reporting
Total Advertised S.F. …………………………………1,264,005 with 51 Properties Reporting
Available S.F. …………………………………………… Median 3,000 with 62 Properties Reporting
Total Available S.F. ……………………………………450,247 with 62 Properties Reporting
2011 Advertised Retail Properties for Sale:
Total Properties Listed ………………………………36
Sales Price …………………………………………………Median $489,000 with 35 Properties Reporting
Building S.F. ………………………………………………Median 5,268 with 24 Properties Reporting
Sales Price per Building S.F. ………………………Median $149.38 with 23 Properties Reporting
Site S.F. …………………………………………………… Median 6,485 with 26 Properties Reporting
Sales Price per Site S.F. ………………………………Median $10.00 with 11 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.
Mobile Zip Code, City and Area Code
Zip Code
City
36505
36509
36512
36521
36522
36523
36525
36528
36541
36544
36560
36568
36571
36572
36575
36582
36587
36590
36601
36602
36603
36604
36605
36606
36607
36608
36609
36610
36611
36612
36613
36615
36616
36617
36618
36619
36621
36622
36625
36628
Axis
Bayou La Batre
Bucks
Chunchula
Citronelle
Coden
Creola
Dauphin Island
Grand Bay
Irvington
Mount Vernon
Saint Elmo
Saraland
Satsuma
Semmes
Theodore
Wilmer
Theodore
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Eight Mile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Area
Code
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
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
Zip Code
City
36630
36633
36640
36641
36644
36652
36660
36663
36670
36671
36675
36685
36688
36689
36690
36691
36693
36695
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
58 Total
Area
Code
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
251
Commercial Report
Mobile Retail Properties
Advertised For Lease
Summer 2011
Table 1.
Asking Lease Rate per S.F. by Zipcode
Zip Code
36522
36541
36571
36571
36571
36571
36572
36575
36582
36582
36582
36582
36602
36602
36605
36605
36605
36606
36606
36606
36606
36606
36606
36607
36608
36608
36608
36608
36608
36608
36608
Asking Lease
Per S.F.
$57.78
$9.00
$4.00
$13.25
$12.00
$14.00
$8.40
$8.00
$126.26
$12.00
Total
Advertised S.F.
3,000
2,250
6,000
131,578
3,600
7,112
6,300
8,750
4,744
5,000
27,000
$5.40
$25.00
$4.25
$6.00
$14.00
$10.00
$13.00
$14.20
2,850
3,500
94,390
101,111
16,000
32,391
2,150
20,000
53,332
23,679
$18.00
$14.00
$12.30
Commercial Report
Mobile Retail Properties
Advertised For Lease
Summer 2011
Table 1.
Asking Lease Rate per S.F. by Zipcode
Zip Code
36608
36608
36608
36608
36608
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36610
36611
36613
36618
36618
36619
36619
36619
36693
Asking Lease
Per S.F.
$17.00
$10.00
$1.17
$22.00
$7.00
$11.78
$8.00
$12.00
$6.00
$13.00
$13.25
$12.00
$10.00
$2.75
$4.00
$10.00
$10.67
$17.50
$11.00
$12.00
$10.00
Total
Advertised S.F.
16,000
2,025
9,045
9,800
9,800
5,000
140,000
16,500
58,468
32,100
1,200
44,251
5,791
35,000
2,917
3,795
21,800
60,000
15,000
4,885
11,700
1,836
27,000
Commercial Report
Mobile Retail Properties
Advertised For Lease
Summer 2011
Table 1.
Asking Lease Rate per S.F. by Zipcode
Zip Code
36693
36695
36695
36695
36695
36695
36695
36695
36695
36695
Median
Properties
Reporting
Asking Lease
Per S.F.
$10.00
$13.00
$18.00
$15.00
$18.00
$20.00
$25.00
Total
Advertised S.F.
27,000
16,000
113,940
10,985
1,750
$12.00
1,680
4,000
9,800
49
51
Commercial Report
Mobile Retail Properties
Advertised For Lease
Table 2
Vacancy Rate by Property
Zip Code
36522
36541
36571
36571
36571
36571
36572
36575
36582
36582
36582
36582
36582
36602
36602
36605
36605
36605
36606
36606
36606
36606
36606
36606
36606
36606
36607
36608
36608
36608
36608
36608
Total Advertised
S.F.
3,000
2,250
6,000
131,578
3,600
7,112
6,300
8,750
4,744
5,000
27,000
2,850
3,500
Advertised
Available S.F.
3,000
2,250
6,000
9,650
20,000
1,750
900
Calculated
Vacancy Rate
100%
100%
100%
7%
1,050
3,350
17%
8,750
4,744
5,000
100%
100%
100%
4,000
2,850
3,500
100%
100%
25%
94,390
101,111
16,000
32,391
2,150
20,000
3,380
16,000
32,391
2,150
3,100
2,250
3,000
53,332
23,679
1,564
100%
100%
100%
11%
Commercial Report
Mobile Retail Properties
Advertised For Lease
Table 2
Vacancy Rate by Property
Zip Code
36608
36608
36608
36608
36608
36608
36608
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36609
36610
36611
36613
36618
36618
36618
36619
36619
Total Advertised
S.F.
16,000
2,025
9,045
9,800
9,800
5,000
140,000
16,500
58,468
32,100
1,200
44,251
5,791
35,000
2,917
3,795
21,800
60,000
15,000
4,885
11,700
1,836
Advertised
Available S.F.
1,250
3,177
1,200
1,600
2,025
3,150
Calculated
Vacancy Rate
2,800
29%
1,527
2,400
20,720
1,650
1,400
1,400
43,200
1,770
5,791
35,000
2,917
2,530
3,000
5,000
21,800
60,000
9,800
31%
11,700
1,836
1,200
2,400
4,300
10%
100%
35%
15%
10%
2%
4%
3600%
4%
100%
100%
100%
67%
100%
100%
65%
100%
100%
Commercial Report
Mobile Retail Properties
Advertised For Lease
Table 2
Vacancy Rate by Property
Zip Code
36619
36693
36693
36695
36695
36695
36695
36695
36695
36695
36695
36695
36695
Total
Median
Properties
Reporting
Total Advertised
S.F.
27,000
27,000
16,000
113,940
10,985
Advertised
Available S.F.
1,500
8,000
8,000
4,500
Calculated
Vacancy Rate
30%
30%
28%
3,600
1,750
2,485
1,400
1,680
4,000
1,264,005
9,800
1,250
1,200
429,107
3,000
51
61
30%
Commercial Report
Mobile Retail Properties
Total Market of Retail Properties Advertised for Lease
Table 3
Zip Code
Property Name
Address
City
36522
Retail Space heart of
Citronelle, AL
19195 N. Third St.
Citronelle
36541
10264 Potter Tract Rd
10265 Potter Tract Rd
Grand Bay
36571
Bowdoin Square
705 Highway 43
Saraland
36571
Saraland Loop Plaza
112 Saraland Loop
Saraland
207 Highway 43 N.
Saraland
710 Industrial Parkway
Saraland
Satsuma
36571
36571
Sawyer Furniture
Building
Industrial Parkway
Center
Year
Built
1989
2005
36572
5717 Hwy. 43
5717 Hwy. 43
36575
98 Oaks Plaza
7930 Moffett Road
36582
Jackson Square
Highway 90
Theodore
36582
5784 Hwy 90 W
5784 Hwy 90 W
Theodore
1997
36582
5721 Hwy 90
5721 Hwy 90 W
Theodore
2001
Mobile
Lease
Available Agent Name/Agent
Price Per
S.F.
Phone Number
S.F.
Harry Brown
3,000
3,000
251-626-1970
Richard Mann
2,250
$57.78
2,250
251-300-3396
Matt Cummings
6,000
$9.00
6,000
251- 476-6000
David Dexter
131,578
9,650
251-471-1000
John Delchamps
$4.00
20,000
251- 476-0808
John Delchamps
$13.25
1,750
251- 476-0808
Holly Shirley
3,600
$12.00
900
251-300-3397
Marl Cummings Iv
$14.00
251- 476-6000
Marl Cummings Iv
7,112
251- 476-6000
David Cooper
6,300
$8.40
1,050
251- 639-4007
Total
S.F.
3,350
Angela Mcarthur
251- 639-4007
Commercial Report
Mobile Retail Properties
Total Market of Retail Properties Advertised for Lease
Table 3
Zip Code
Property Name
Address
City
Year
Built
Total
S.F.
Lease
Available Agent Name/Agent
Price Per
S.F.
Phone Number
S.F.
Terry Mckinney
$8.00
251-460-0910
36582
Plantation Square
6095 - 6105 Old Pascagoula
Rd
Theodore
36582
Theodore Dawes
7250 & 7260 Theodore
Dawes Road
Theodore
8,750
36602
102 Dauphin St
102 DauphinSt
Mobile
4,744
36602
Civic Center Dr
456 Civic Center Dr
Mobile
5,000
36605
Dauphin Plaza
2912 Dauphin Island
Parkway
Mobile
27,000
36605
2669 Dauphin Island
Parkway
2669 Dauphin Island
Parkway
Mobile
36605
Navco Road
Convenience Store
1509 Navco Rd.
Mobile
36606
Airport Boulevard
3156 Airport Boulevard
Mobile
36606
Dauphin Street (3016)
3016 Dauphin Street
Mobile
36606
Dauphin Square
Dauphin Street
Mobile
94,390
Matt Cummings
251- 476-6000
36606
Midtown Mart
Dauphin Street
Mobile
101,111
Marl Cummings Iv
251- 476-6000
8,750
Tammy Adcock
251-438-4312
$126.26
4,744
Deepa Rajan
251-639-4007
$12.00
5,000
Gavin Bender
Marl Cummings Iv
251- 476-6000
$5.40
2,850
1970
3,500
$25.00
4,000
Deepa Rajan
251-639-4007
2,850
James Henderson
251-442-2194
3,500
Terry Mckinney
251-460-0910
Matt Cummings
251- 476-6000
Commercial Report
Mobile Retail Properties
Total Market of Retail Properties Advertised for Lease
Table 3
Zip Code
Property Name
Address
City
Lease
Available Agent Name/Agent
Price Per
S.F.
Phone Number
S.F.
Marl Cummings Iv
3,380
251- 476-6000
Year
Built
Total
S.F.
unkno
wn
16,000
$4.25
16,000
Keith Vaughan
251-432-0123
36606
Government Blvd.
(2667)
2667 Government Blvd.
Mobile
36606
Wilson Dismukes
2646 Government Street
Mobile
36606
Dauphin Street (3050)
3050 Dauphin Street
Mobile
32,391
$6.00
32,391
Matt Cummings
251-476-6000
36606
Airport Boulevard
(3102)
3102 Airport Boulevard
Mobile
2,150
$14.00
2,150
Marl Cummings Iv
251-476-6000
36607
Spacious Springhill
Avenue Office
3213 Springhill Avenue
Mobile
$10.00
3,100
Tammy Adcock
251-438-4312
36608
Airwest Retail Center
7335 Airport Blvd
Mobile
1993
$13.00
2,250
David Stein
251-342-1968
36608
Baker-West Retail
Center
9120 Airport Blvd.
Mobile
2004
$14.20
3,000
David Stein
251-342-1968
36608
Llanfair Place
3750 Airport Boulevard
Mobile
53,332
Marl Cummings Iv
251-476-6000
36608
University Village
Old Shell Road
Mobile
23,679
Marl Cummings Iv
251-476-6000
36608
Sawyer Center
3767 Airport Blvd. Ste. A
Mobile
36608
65 N. Cody Rd.
65 N. Cody Rd.
Mobile
2007
20,000
$18.00
1,564
John Delchamps
251- 476-0808
$14.00
1,250
Angela Mcarthur
251- 639-4007
Commercial Report
Mobile Retail Properties
Total Market of Retail Properties Advertised for Lease
Table 3
Zip Code
Property Name
Address
City
Year
Built
Total
S.F.
36608
Southwood Place Providence Hospital
6808 Airport Blvd
Mobile
36608
University Square
Shopping Center
5821 Old Shell Rd
Mobile
36608
Victoria Place
951 Schillinger Rd. N.
Mobile
2003
16,000
36608
10130 Airport Blvd.
10130 Airport Blvd.
Mobile
2007
36608
Zeigler Blvd Retail
5450 Zeigler Blvd
Mobile
36608
Yester Oaks Shopping
Center
Airport Blvd at I-65
Mobile
36609
Schillinger Pointe
Shopping Center
1065 Schillinger Road
Mobile
36609
3912 Cottage Hill Road 3912 Cottage Hill Road
36609
1168 West I-65 Service 1168 West I-65 Service Road
Road South
South
Mobile
36609
Moffat Road Shopping Moffat Road Shopping
Center
Center
Mobile
36609
Azalea Center
Mobile
250 Azelea Road
Lease
Available Agent Name/Agent
Price Per
S.F.
Phone Number
S.F.
Pratt Thomas
$12.30
3,177
251-476-0808
$17.00
1,200
Pratt Thomas
251-476-0808
$10.00
1,600
Tommy Gleason Jr.
251-342-1636
2,025
2,025
Holly Shirley
251-300-3397
9,045
3,150
Pratt Thomas
251-476-0808
Terry Mckinney
251-460-0910
$1.17
2009
Mobile
$22.00
9,800
$7.00
Adam Metcalfe
251-432-2600
$11.78
1,527
Joseph G. (Joey)
Betbeze, Jr.
251-476-4111
$8.00
2,400
Gavin Bender
20,720
David Dexter
251-471-1000
5,000
1974
140,000
2,800
John Delchamps
251- 476-0808
9,800
Commercial Report
Mobile Retail Properties
Total Market of Retail Properties Advertised for Lease
Table 3
Zip Code
Property Name
Address
City
Year
Built
Total
S.F.
Lease
Available Agent Name/Agent
Price Per
S.F.
Phone Number
S.F.
David Dexter
1,650
251-471-1000
36609
Sugar Mill Village
851 Hillcrest Road
Mobile
1989
16,500
36609
Cottage Village I
5017 Cottage Hill Road
Mobile
1989
58,468
1,400
David Dexter
251-471-1000
36609
Cottage Village II
5035 Cottage Hill Road
Mobile
1989
32,100
1,400
David Dexter
251-471-1000
36609
Azalea South
308 Azalea Road
Mobile
1989
1,200
43,200
David Dexter
251-471-1000
36609
Piccadilly Square
6345 Airport Blvd.
Mobile
1989
44,251
1,770
David Dexter
251-471-1000
36609
Restaurant Building
830 I-65 Service Rd South
Mobile
5,791
5,791
Terry Mckinney
251-460-0910
36609
Government
Retail/Warehouse
4128 Government Blvd
Mobile
35,000
35,000
Tommy Praytor, Ccim
251-343-9890
36609
Former Milo's
6161 Airport Boulevard
Mobile
2,917
2,917
John Vallas
251-344-1444
36609
1212 Montlimar Dr
1212 Montlimar Drive A-B,D
Mobile
$13.00
2,530
David Cooper
251-639-4007
36609
Montlimar Building
1218 Montlimar Drive
Mobile
$13.25
3,000
John Delchamps
251- 476-0808
36609
Professional Office
Building
4300 Downtowner Loop
Mobile
$12.00
5,000
Allan R. Cameron, Jr.
251-438-4312
2009
3,795
$12.00
$6.00
Commercial Report
Mobile Retail Properties
Total Market of Retail Properties Advertised for Lease
Table 3
Zip Code
Property Name
Address
City
Year
Built
Total
S.F.
Lease
Available Agent Name/Agent
Price Per
S.F.
Phone Number
S.F.
36609
I-65 Service Rd
1558 I-65 Service Rd W
Mobile
21,800
$10.00
21,800
Gavin Bender
36610
1310 Telegraph Road
1310 Telegraph Road
Mobile
60,000
$2.75
60,000
Mike Mcaleer
251-473-7517
36611
Chickasaw Shopping
Center
114 S. Craft Highway
Chickasaw
15,000
$4.00
9,800
Terry Mckinney
251-460-0910
36613
Eight Mile Shopping
Center
St. Stephens Road
Eight Mile
4,885
36618
1351 University Blvd N. 1351 N. University Blvd
Mobile
2010
11,700
$10.00
11,700
David Cooper
251-639-4007
36618
1395 University Blvd N 1395 University Blvd North
Mobile
2006
1,836
$10.67
1,836
David Cooper
251-639-4007
36618
4057 Moffett Rd
4057 Moffet Rd Ste E
Mobile
1,200
Angela Mcarthur
251- 639-4007
36619
5300 Halls Mill Rd
5300 Halls Mill Rd
Mobile
$17.50
2,400
Angela Mcarthur
251- 639-4007
36619
Oaks Tillmans Corner
5650 Old Pascagoula Road
$11.00
4,300
Ralph Neal, Iii
251-602-1403
36619
Patmos Plaza
5238 Highway 90
Mobile
$12.00
1,500
John Vallas
251-344-1444
36693
Government/65
3747 Government Blvd
Mobile
$10.00
8,000
Brian Metcalfe
251-432-2600
theodore
2006
1987
27,000
Matt Cummings
251-476-6000
Commercial Report
Mobile Retail Properties
Total Market of Retail Properties Advertised for Lease
Table 3
Zip Code
Property Name
Address
City
Year
Built
Total
S.F.
27,000
Lease
Available Agent Name/Agent
Price Per
S.F.
Phone Number
S.F.
Adam Metcalfe
$10.00
8,000
251-432-2600
36693
3747 Government Blvd. 3747 Government Boulevard
Mobile
36695
Hillcrest Retail Center
1261 Hillcrest Road
Mobile
36695
Hillcrest Plaza
Hillcrest Road
Mobile
36695
Hillcrest Square
Shopping Center
Lot 2 Omni Park Dr.
Mobile
2008
36695
2502 Schillinger Rd. S
2502 Schillinger Rd S
Mobile
1998
36695
740 Schillinger Rd B-6
740 Schillinger Rd B-6
Mobile
2003
36695
Hillcrest Square
Shopping Center
1175 Hillcrest Rd
Mobile
$20.00
2,485
Pratt Thomas
251-476-0808
36695
Schillinger Rd Retail
1065 Schillinger Rd S
Mobile
$25.00
1,400
Pratt Thomas
251-476-0808
36695
Hillcrest Road (881)
881 Hillcrest Road
Mobile
36695
Summit Court
7735 Summit Court
Mobile
36695
7695 Cottage Hill
7695 Cottage Hill Rd. Ste C
Mobile
1998
16,000
$13.00
4,500
Matt Cummings
251-476-6000
113,940
10,985
John Delchamps
251- 476-0808
$18.00
$15.00
1,750
3,600
Angela Mcarthur
251- 639-4007
Angela Mcarthur
251- 639-4007
$18.00
Marl Cummings Iv
251-476-6000
1,680
4,000
David Stein
251-342-1968
1,250
John Delchamps
251- 476-0808
1,200
Angela Mcarthur
251- 639-4007
Commercial Report
Mobile Retail Properties
Advertised For Sale
Advertised Sale Price & Available S.F. by Zip Code
Table 4.
Zip Code
36512
36525
36541
36572
36582
36601
36602
36605
36605
36606
36606
36607
36607
36608
36608
36608
36608
36608
36608
36609
36609
36609
36609
36609
36609
36609
36610
36617
36618
36618
36619
Advertised Sales
Price
$320,000
$785,000
$130,000
$285,000
$449,900
$412,000
$599,000
$199,000
$199,000
$489,000
$160,000
$1,350,000
$225,000
$1,250,000
$1,600,000
$399,000
$775,000
$345,000
$1,749,000
$745,000
$1,425,000
$975,000
$2,900,000
$600,000
$795,000
$1,200,000
Call For Pricing
$65,000
$395,000
$199,000
$1,800,000
Advertised
S.F.
2,250
900
8,750
15,800
4,744
2,850
4,360
16,000
22,600
1,600
2,025
3,150
2,000
7,798
12,000
5,791
35,000
114,250
1,686
2,917
21,800
60,000
Commercial Report
Mobile Retail Properties
Advertised For Sale
Advertised Sale Price & Available S.F. by Zip Code
Table 4.
Zip Code
36693
36693
36695
36695
Median
Properties
Reporting
Advertised Sales
Price
$250,000
$1,650,000
$895,000
$195,000
$489,000
Advertised
S.F.
35
24
28,800
3,600
5,268
Commercial Report
Mobile Retail Properties
Advertised For Sale
Price Per S.F by Zip Code
Table 5.
Zip Code
Sales Price
36512
36525
36541
36572
36582
36601
36602
36605
36605
36606
36606
36607
36607
36608
36608
36608
36608
36608
36608
36609
36609
36609
36609
36609
36609
36609
36610
36617
36618
36618
36619
$320,000
$785,000
$130,000
$285,000
$449,900
$412,000
$599,000
$199,000
$199,000
$489,000
$160,000
$1,350,000
$225,000
$1,250,000
$1,600,000
$399,000
$775,000
$345,000
$1,749,000
$745,000
$1,425,000
$975,000
$2,900,000
$600,000
$795,000
$1,200,000
Call For Pricing
$65,000
$395,000
$199,000
$1,800,000
Building
S.F.
2,250
900
8,750
15,800
4,744
2,850
4,360
16,000
22,600
1,600
2,025
3,150
2,000
7,798
12,000
5,791
35,000
114,250
1,686
2,917
21,800
60,000
Site S.F.*
2,250.00
3,600.00
8,750.00
15,800.00
4,744.00
2,850.00
4,360.00
16,000.00
2,000.00
22,600.00
16,000.00
2,025.00
9,045.00
7,798.00
11,920.00
5,791.00
35,000.00
Acreage
0.51
0.75
1
0.5
3.5
0.38
3.35
1.34
0.72
1
7
2,917.00
21,800.00
60,000.00
1,966.00
6,500.00
2,500.00
5
0.4
1.7
Sales Price per Sales Price
Building S.F. per Site S.F.
$57.78
$316.67
$51.42
$26.08
$126.26
$69.82
$45.64
$30.56
$59.73
$1,000.00
$197.04
$246.03
$172.50
$224.29
$62.08
$246.07
$27.86
$25.38
$355.87
$272.54
$55.05
$57.78
$79.17
$51.42
$26.08
$126.26
$69.82
$45.64
$30.56
$80.00
$59.73
$100.00
$197.04
$85.68
$224.29
$62.50
$246.07
$27.86
$272.54
$55.05
$33.06
$60.77
$79.60
Commercial Report
Mobile Retail Properties
Advertised For Sale
Price Per S.F by Zip Code
Table 5.
Zip Code
Sales Price
36693
36693
36695
36695
Median
$250,000
$1,650,000
$895,000
$195,000
$544,000
Properties
Reporting
35
Building
S.F.
Sales Price per Sales Price
Building S.F. per Site S.F.
Site S.F.*
Acreage
28,800
6,470.00
28,800.00
4.5
1.8
$57.29
$38.64
$57.29
3,600
$5,268
3,600.00
$6,485
0.465
$1
$54.17
$62
$54.17
$61
24
26
17
23
25
Median Sales Price Per Building S.F.
Median Sales Price Per Site S.F.
$62.08
*Site S.F. obtained by converting acreage listed to square feet by using the conversion
factor: 1 acre = 43560 square feet
$60.77
Commercial Report
Mobile Retail Properties
Table 6.
Total Market of Retail Properties Advertised for Sale
Zip Code
36512
36525
Property Name
Former Susie Q's
Restaurant
Creola Exit 22 (13.57
Acres)
Address
City
Year
Built
Sales
Price
Site S.F.
Building Agent Name/Agent
S.F.
Phone Number
Pratt Thomas
251-476-0808
Marl Cummings Iv
251-476-6000
15275 Highway 43
Bucks
$320,000
Creola Axis Loop Road
Creola
$785,000
Grand Bay
$130,000
2,250.00
2,250
36541
10264 Potter Tract Rd
10265 Potter Tract Rd
36572
5717 Hwy. 43
5717 Hwy. 43
Satsuma
$285,000
3,600.00
900
36582
THEODORE DAWES
7250 & 7260 Theodore Dawes
Theodore
Road
$449,900
8,750.00
8,750
36601
old Roussos Restaurant
166 South Royal Street
Mobile
$412,000
15,800.00
15,800
36602
102 Dauphin St
102 DauphinSt
Mobile
$599,000
4,744.00
4,744
36605
Navco Road Convenience
Store
1509 Navco Rd.
Mobile
$199,000
2,850.00
2,850
36605
1527 Navco Rd
1527 Navco Rd.
Mobile
$199,000
4,360.00
4,360
36606
Wilson Dismukes
2646 Government Street
Mobile
$489,000
16,000.00
16,000
36606
Pleasant Valey Road
(2700)
2700 Pleasant Valley Road
Mobile
$160,000
2,000.00
36607
J. D. Byrider Car Lot
3024 Airport Blvd.
Mobile
$1,350,000
22,600.00
22,600
Richard Mann
251-300-3396
Holly Shirley
251-300-3397
Tammy Adcock
251-438-4312
John D. Peebles
251-438-4312
Deepa Rajan
251-639-4007
James Henderson
251-442-2194
Bob Cooper
251-639-4007
Keith Vaughan
251-432-0123
Marl Cummings Iv
251-476-6000
Pete Riehm
251-438-4312
Commercial Report
Mobile Retail Properties
Table 6.
Total Market of Retail Properties Advertised for Sale
Zip Code
Property Name
Address
City
Year
Built
Sales
Price
Site S.F.
Building Agent Name/Agent
S.F.
Phone Number
Mitchum Jackson
251-479-8606
Terry Mckinney
251-460-0910
36607
Retail Land
Union Ave and Spring Hill Ave
Mobile
$225,000
36608
Belmont Apartments and
Additional Property
5809 & 5811 Old Shell Road
Mobile
$1,250,000
36608
Victoria Place
951 Schillinger Rd. N.
Mobile
2003
$1,600,000
16,000.00
1,600
Tommy Gleason Jr.
251-342-1636
36608
10130 Airport Blvd.
10130 Airport Blvd.
Mobile
2007
$399,000
2,025.00
2,025
Holly Shirley
251-300-3397
36608
Zeigler Blvd Retail
5450 Zeigler Blvd
Mobile
$775,000
9,045.00
3,150
36608
Airport Blvd (7125)
7125 Airport Blvd.
Mobile
$345,000
36608
Airport Blvd
3871 Airport Blvd
Mobile
$1,749,000
7,798.00
7,798
36609
1242 Montlimar Dr
1242 Montlimar Dr.
Mobile
$745,000
11,920.00
12,000
36609
Restaurant Building
830 I-65 Service Rd South
Mobile
$1,425,000
5,791.00
5,791
36609
Government
Retail/Warehouse
4128 Government Blvd
Mobile
$975,000
35,000.00
35,000
36609
4130 Government Blvd.
4130 Government Blvd.
Mobile
$2,900,000
114,250
Gavin Bender
36609
Cottage Hill Road (4045)
4045 Cottage Hill Road
Mobile
$600,000
1,686
Matthew Garrard
251-476-6000
1994
2,000
Pratt Thomas
251-476-0808
Matthew Garrard
251-476-6000
James Henderson
251-442-2194
Angela Mcarthur
251-639-4007
Terry Mckinney
251-460-0910
Tommy Praytor, Ccim
251-343-9890
Commercial Report
Mobile Retail Properties
Table 6.
Total Market of Retail Properties Advertised for Sale
Zip Code
Property Name
Address
City
Year
Built
Sales
Price
Site S.F.
Building Agent Name/Agent
S.F.
Phone Number
36609
Former Milo's
6161 Airport Boulevard
Mobile
$795,000
2,917.00
2,917
John Vallas
251-344-1444
36609
I-65 Service Rd
1558 I-65 Service Rd W
Mobile
$1,200,000
21,800.00
21,800
Gavin Bender
36610
1310 Telegraph Road
1310 Telegraph Road
Mobile
Call For
Pricing
60,000.00
60,000
Mike Mcaleer
251-473-7517
36617
1421 Forest Hill Rd.
1421 Forest Hill Rd.
Mobile
$65,000
1,966.00
36618
Moffett Road Retail/Office
4103 Moffett Road
Mobile
$395,000
6,500.00
36618
3750 Moffett Rd
3750 Moffett Rd
Mobile
$199,000
2,500.00
36619
5398, 5400, 5396 Hwy. 90 5398, 5400, 5396 Hwy. 90 W.
W. Svc. Rd.
Svc. Rd.
Theodore
$1,800,000
36693
4175 Halls Mill rd. Lounge 4175 Halls Mill Rd.
Mobile
$250,000
6,470.00
36693
3761 Government St.
3761 Government St.
Mobile
$1,650,000
28,800.00
28,800
36695
Schillinger Rd Lot
1067 Schillinger Rd S
Mobile
$895,000
36695
Schilliinger Road Retail
1550 Schillinger Road North
Mobile
$195,000
3,600.00
3,600
1987
1984
David Cooper
251-639-4007
Don Parden
251-554-1941
Todd Drummond
251-694-1180
Angela Mcarthur
251-639-4007
David Cooper
251-639-4007
Cameron Weavil
251-438-6000
Pratt Thomas
251-476-0808
Pete Riehm
251-438-4312