MOBILE MARKET WATCH
Mitchell College of Business
Center for Real Estate Studies
Retail Properties:
Baldwin and Mobile
For Lease and For Sale
“Data you can use.”
“Education you can use.”
Mitchell College of Business Center for Real Estate Studies
Fall, 2007
This report is available at http://cres.southalabama.edu/
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.
1/31
RETAIL PROPERTIES: BALDWIN AND MOBILE
For Lease and For Sale
Table of Contents
Introduction
Interesting Facts
List of Zipcodes
Table 1.
Fall/Winter ’07, Asking Lease Rate per S.F. by Zipcode
Table 2.
Fall/Winter ’07, Calculated Vacancy Rate by Zipcode,
Selective statistics
Table 3.
Fall/Winter ’07, Masterfile of Retail Properties
Advertised for Lease
Table 4.
Fall/Winter ’07, Advertised Sales Price per S.F. by Zipcode
Table 5.
Fall/Winter ’07, Calculated Sales Price per S.F. by Zipcode
Table 6.
Fall/Winter ’07, Masterfile of Retail Properties
Advertised for Sale
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.
2/31
Introduction
This represents the second report on commercial properties by the Center
for Real Estate Studies entitled “Retail Properties: Baldwin and Mobile”. It
includes interesting statistics for the Fall/Winter 2007.
Readers should remember that the data covers advertised “for lease” and
“for sale” data only. Final sale information is excluded.
Special thanks goes to the Commercial Property Directory, Birmingham, for
providing useful data. Other sources include Loopnet, and the Center for
Real Estate Studies.
Look for the additional commercial property reports.
For additional information, contact Don Epley, Director, Center for Real
Estate Studies, 251.460.6735 or depley@usouthal.edu.
3/31
Interesting Facts
Fall/Winter ‘07 Advertised Retail For Lease:
total properties included
104
asking lease rate per s.f.
median $12.63 on 80 buildings reporting
building s.f.
median 10,220 on 79 buildings reporting
total building s.f.
1,704,563 on 79 buildings reporting
total available s.f.
775,976 on 84 buildings reporting
available s.f.
median 3,358 on 84 buildings reporting
Fall/Winter ‘07 Advertised Retail For Sale:
total properties included
69
sale price
median $650,322 on 65 buildings reporting
building s.f.
median 5,118 on 49 buildings reporting
sales price per bldg. s.f.
median $166.37 on 46 buildings reporting
site s.f.
median 44,431 on 41 sites reporting
sales price per site s.f.
median $16.26 on 38 sites 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. Owneroccupied property is excluded, also.
4/31
Mobile County
Zip Code
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
36630
36633
36640
36641
36644
36652
36660
36663
City
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
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
State
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
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
251
251
251
251
251
251
251
251
5/31
36670
36671
36675
36685
36688
36689
36690
36691
36693
36695
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
251
251
251
251
251
251
251
251
251
251
58 in total
Source: www.getzips.com
6/31
City of Mobile
ZIP CODES
36571
36572
43
36613
36611
36575
36612
36610
36618
36617
36603
36607
36608
36602
36606
36604
36603
36609
36695
36615
36693
36605
36619
ZIP CODE BOUNDARY
MOBILE CITY LIMITS
98
36582
0
1
2
Miles
City of Mobile GIS / April, 2004
7/31
Baldwin County
Zip Code
36507
36511
36526
36527
36530
36532
36533
36535
36536
36542
36547
36549
36550
36551
36555
36559
36561
36562
36564
36567
36574
36576
36577
36578
36579
36580
26 in total
City
Bay Minette
Bon Secour
Daphne
Spanish Fort
Elberta
Fairhope
Fairhope
Foley
Foley
Gulf Shores
Gulf Shores
Lillian
Little River
Loxley
Magnolia Springs
Montrose
Orange Beach
Perdido
Point Clear
Robertsdale
Seminole
Silverhill
Spanish Fort
Stapleton
Stockton
Summerdale
State
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
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
Source: www.getzips.com
8/31
MARKET WATCH
Table 1.
Fall/Winter '07, Retail Properties
Mobile and Baldwin
Advertised For Lease
Asking Lease Rate per S.F. by Zipcode
property
number
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
id number
number
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
zipcode
number
36507
36526
36526
36526
36526
36526
36526
36526
36526
36527
36532
36532
36535
36535
36535
36542
36542
36551
36567
36571
36571
36571
36571
36571
36571
36572
36575
36575
36575
36575
36582
36582
36582
36582
36582
36582
36602
36603
36603
asking lease s.f.
dollars
13.50
12.95
11.00
14.00
6.50
8.00
8.18
16.00
13.00
total advertised s.f.
number
15,800
15,000
20,190
12,000
18,000
7,600
10,000
6,000
6,912
5,400
20,400
15.00
18.00
12.75
15.00
15.50
15.00
9.00
5.00
12.45
27.50
12.85
12.00
17.00
18.00
16.00
15.00
12.00
18.50
19.00
10.00
14.50
5.50
32,000
21,000
2,000
9,800
8,750
6,000
131,967
1,200
1,200
9,000
13,813
38,000
37,624
7,112
9,700
1,500
8,000
1,390
2,714
9/31
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
36604
36605
36605
36606
36606
36606
36606
36606
36606
36606
36606
36606
36606
36607
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36609
36609
36609
36609
36609
36611
36613
36617
36618
36618
36619
36619
36619
36619
36619
10.00
7.50
14,080
27,000
94,390
101,111
10,557
6.00
25.00
14.50
4.70
13.70
8.28
12.00
14.50
12.00
8.00
18.00
11.00
15.00
11.00
7.00
25.00
12.00
12.50
12.00
12.50
18.75
14.21
16.50
11.50
11.00
15.00
12.00
5.00
5.00
4.00
8.00
5.00
3,500
3,416
10,220
5,000
3,190
7,400
15,000
20,000
47,251
8,400
87,834
53,332
23,679
3,000
6,000
2,400
1,520
166,015
4,200
10,900
12,500
37,280
60,519
2,850
35,000
15,000
4,885
37,920
850
11.00
19.00
21.00
2,732
10/31
91
92
93
94
95
96
97
98
99
100
101
102
103
104
72
73
74
75
76
77
78
79
80
81
82
83
84
85
median
properties reporting
36693
36693
36693
36695
36695
36695
36695
36695
36695
36695
36695
36695
36695
36695
7.00
35,000
6,700
27,000
17,000
5,100
113,940
25,250
2,400
2,500
18,000
11,088
2,542
8,740
10,300
10.00
12.00
14.00
18.50
12.00
17.00
19.00
28.00
20.30
19.00
12.50
12.63
80
10,220
79
Note: An average has been entered for lease rates reported as a range.
11/31
MARKET WATCH
Table 2.
Fall/Winter '07, Retail Properties
Mobile and Baldwin
Advertised For Lease
Calculated Vacancy Rate by Zipcode
property
number
1
id number
number
86
2
3
4
5
6
7
8
9
zipcode
number
36507
total advertised s.f.
number
15,800
advertised avail s.f.
number
5,200
calculated vacancy rate
%
32.91
87
88
89
90
91
92
93
94
36526
36526
36526
36526
36526
36526
36526
36526
15,000
9,000
7,000
60.00
100.00
6.67
7,600
10,000
12,000
1,200
2,813
7,600
6,600
10
95
36527
6,000
3,000
50.00
11
12
96
97
36532
36532
6,912
5,400
5,400
100.00
13
14
15
98
99
100
36535
36535
36535
20,400
5,000
20,400
2,400
100.00
16
17
101
102
36542
36542
32,000
21,000
32,000
21,000
100.00
100.00
18
103
36551
2,000
2,000
100.00
19
104
36567
9,800
1,183
12.07
20
21
22
23
24
25
1
2
3
4
5
6
36571
36571
36571
36571
36571
36571
8,750
6,000
131,967
1,200
1,200
9,000
5,250
6,000
35,530
1,200
60.00
100.00
26.92
100.00
1,200
13.33
26
7
36572
27
28
29
30
8
9
10
11
36575
36575
36575
36575
13,813
38,000
31
32
33
34
35
36
12
13
14
15
16
17
36582
36582
36582
36582
36582
36582
7,112
9,700
1,500
37
18
36602
38
39
19
20
40
41
42
43
44
45
46
47
48
49
50
20,190
12,000
18,000
100.00
66.00
2,400
13,813
30,544
2,100
28,990
100.00
80.38
64.95
100.00
8,000
6,300
1,500
2,379
2,732
8,000
1,390
1,390
100.00
36603
36603
2,714
26,447
2,714
100.00
21
36604
14,080
2,400
17.05
22
23
36605
36605
24
25
26
27
28
29
30
31
36606
36606
36606
36606
36606
36606
36606
36606
37,624
77.05
100.00
5,475
27,000
94,390
101,111
10,557
3,500
3,416
10,220
45,022
3,500
2,800
3,416
10,220
100.00
100.00
100.00
12/31
51
52
32
33
36606
36606
53
34
36607
7,400
2,318
31.32
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
15,000.00
20,000.00
47,251.00
2,400
1,400
16.00
7.00
76
77
78
79
80
57
58
59
60
61
36609
36609
36609
36609
36609
37,280
60,519
2,850
35,000
81
62
36611
15,000
82
63
36613
4,885
83
64
36617
1,400
84
85
65
66
36618
36618
42,000
16,500
86
87
88
89
90
67
68
69
70
71
36619
36619
36619
36619
36619
91
92
93
72
73
74
36693
36693
36693
94
95
96
97
98
99
100
101
102
103
104
75
76
77
78
79
80
81
82
83
84
85
36695
36695
36695
36695
36695
36695
36695
36695
36695
36695
36695
total
median
properties reporting
5,000
3,190
416
2,000
2,500
8,400
5,625
8,400.00
87,834.00
53,332.00
23,679.00
3,000.00
6,000.00
2,400.00
1,520.00
166,015.00
4,200.00
10,900.00
12,500.00
8.32
100.00
3,000
1,150
2,400
6,000
2,400
8,495
1,520
100.00
1,200
1,800
6,319
156,300
28.57
16.51
50.55
100.00
100.00
100.00
20,179
37,920
850
2,850
100.00
9,800
65.33
43.51
2,100
4,100
2,732
2,379
247.06
35,000
6,700
27,000
4,850
10,000
4,250
13.86
149.25
15.74
17,000
5,100
113,940
25,250
2,400
2,500
18,000
11,088
2,542
8,740
10,300
3,300
1,700
19.41
33.33
14,250
2,400
5,000
1,620
1,323
2,542
8,740
1,200
56.44
100.00
200.00
9.00
11.93
100.00
100.00
11.65
2,732
1,704,563
10,220
79
100.00
775,976
3,358
84
Note: An average has been entered for lease rates reported as a range.
13/31
MARKET WATCH
Table 3.
Fall/Winter '07 Retail Properties
Mobile and Baldwin
Masterfile of Retail Properties Advertised for Lease
Mobile
source
1
1
1
2
2
2
1
1
1
1
1
1
1
1
1
1
1
2
1
1
1
1
1
1
1
1
1
1
1
1
2
2
id number date period date year zipcode
bldg name
months
year
number
name
number
1
sp/su
2007
36571 Industrial Parkway Center
2
sp/su
2007
36571 Bowdoin Square
3
sp/su
2007
36571 Plaza North Shopping Center
4
Oct
2007
36571 Bowdoin Place
5
Oct
2007
36571 Shell Station
6
Oct
2007
36571 Karo's Market
7
sp/su
2007
36572 Karo's
8
sp/su
2007
36575 Former Eckerd's Building
9
sp/su
2007
36575 Forum Shops
10
sp/su
2007
36575 Alpha Village
11
sp/su
2007
36575 Forum Shops
12
sp/su
2007
36582 Jackson Square
13
sp/su
2007
36582 Bellingrath Cross Roads
14
sp/su
2007
36582 5891 Highway 90
15
sp/su
2007
36582 Rangeline Road
16
sp/su
2007
36582 Lowtill Plaza
17
sp/su
2007
36582 Olympic Plaza
18
Oct
2007
36602 69 St. Michael Street
19
sp/su
2007
36603 Former Winn Dixie
20
sp/su
2007
36603 S&L
21
sp/su
2007
36604
22
sp/su
2007
36605 Former Advanced Auto
23
sp/su
2007
36605 Dauphin Plaza
24
sp/su
2007
36606 Dauphin Square
25
sp/su
2007
36606 Midtown Mart
26
sp/su
2007
36606 2492-2498 Government Boulevard
27
sp/su
2007
36606 Springdale Mall
28
sp/su
2007
36606 Hooters
29
sp/su
2007
36606 Ashland Station
30
sp/su
2007
36606 Dauphin Island Parkway (422)
31
Oct
2007
36606 St. Francis Street
32
Oct
2007
36606 138 S. Sage Avenue
location
address
710 Industrial Parkway - Hwy 158
705 Highway 43
949 U.S Highway 43
801 Hwy 43 S
207 HWY 43
215 Highway 43 North
215 Hwy 43
9150 Moffett Road
7855 Moffett Road
7941 Moffett Road
3385 N Schillinger Rd
Highway 90
6941 Bellingrath Road
5891 Highway 90
4419 Rangeline Road
5319 US Hwy 90 West
7251 Theodore Dawes Rd.
69 St. Michael Street
6350 Cottage Hill Rd.
1200 Broad St
1365 Government Blvd
2466 Dauphin Island Parkway
2912 Dauphin Island Parkway
Dauphin Street
Dauphin Street
2492-2498 Government Boulevard
3250 Airport Boulevard
3156 Airport Boulevard
Old Shell Road
422 Dauphin Island Parkway
410 St. Francis Street
138 S. Sage Avenue
yr blt yr reno no. floors prking
year
year
number number
2005
Free
Free
1990
1
total s.f.
number
8,750
6,000
131,967
1,200
1,200
9,000
Free
2007
2006
2007
13,813
38,000
1 Free
Free
1
Free
37,624
7,112
9,700
1,500
2004
1 Free
Free
Free
Free
2005
8,000
1,390
2007
1966
1 Free
Free
2,714
14,080
Free
Free
Free
27,000
94,390
101,111
10,557
1970
1922
1955
2006
2000
Leased
Free
2
3,500
3,416
10,220
5,000
1
14/31
price s.f. avail s.f. smal contigous lgst contigous
number
number
number
dollars
15.00
5,250
1,500
9.00
6,000
3,000
6,000
5.00
35,530
12.45
1,200
27.50
1,200
1,200
12.85
1,200
12.00
2,400
1,200
13,813
13,813
17.00
30,544
1,560
17,160
18.00
2,100
1,050
2,100
16.00
28,990
1,014
16,614
15.00
12.00
18.50
19.00
10.00
14.50
5.50
10.00
7.50
6.00
25.00
14.50
4.70
13.70
6,300
1,500
2,379
2,732
8,000
1,390
26,447
2,714
2,400
5,475
1,200
1,500
880
1,500
45,022
3,500
2,800
3,416
10,220
416
45,022
3,500
45,022
3,500
2,800
1,261
1,000
1,500
2,732
company
name
Merrill P. Thomas Co., Inc.
Cummings & Associates, Inc.
Coldwell Banker Commercial Moore Company Realty
Cummings & Associates, Inc.
Cummings & Associates, Inc.
Saad & Vallas Realty Group, LLC
Saad & Vallas Realty Group, LLC
The Shopping Center Group, LLC - Gulf Coast
Saad & Vallas Realty Group, LLC
Saad & Vallas Realty Group, LLC
Prudential Cooper & Co., Inc. Commercial Division
Cummings & Associates, Inc.
Merrill P. Thomas Co., Inc.
Saad & Vallas Realty Group, LLC
Saad & Vallas Realty Group, LLC
Saad & Vallas Realty Group, LLC
Saad & Vallas Realty Group, LLC
Saad & Vallas Realty Group, LLC
The Mitchell Company, Inc.
Shoultz Real Estate
Prudential Cooper & Co., Inc. Commercial Division
The Mitchell Company, Inc.
Cummings & Associates, Inc.
Cummings & Associates, Inc.
Cummings & Associates, Inc.
Cummings & Associates, Inc.
Saad & Vallas Realty Group, LLC
Delaney Development
Saad & Vallas Realty Group, LLC
Cummings & Associates, Inc.
M.J. Baxter & Associate
Gleason & Associates
agent
name
John Delchamps
Matt Cummings
Ray Jones
Marl M. Cummings
Marl M. Cummings
Justin Smith
Cher Cooper
Spencer Akin
Cher Cooper
Cher Cooper
Angela McArthur
Marl Cummings IV
John Delchamps
Cher Cooper
Christie Amezquita
Christie Amezquita
Cher Cooper
Justin Smith
Ronnie Johnson
Michael Shoultz
Angela McArthur
Ronnie Johnson
Marl Cummings IV
Matt Cummings
Marl Cummings IV
Matt Cummings
John Vallas, Jr.
Terry McKinney
Cher Cooper
Matt Cummings
email
address
JohnDelchamps@aol.com
matt@cummingsassoc.com
ray@moorecompanyrealty.com
ccooper@saad.com
SpencerA@theshoppingcentergroup.com
ccooper@saad.com
ccooper@saad.com
angiemcarthur@prucooper.com
marl4@cummingsassoc.com
JohnDelchamps@aol.com
ccooper@saad.com
camezquita@saad.com
camezquita@saad.com
ccooper@saad.com
rjohnson@mitchellcompany.com
michael.shoultz@shoultzinc.com
angiemcarthur@prucooper.com
rjohnson@mitchellcompany.com
marl4@cummingsassoc.com
matt@cummingsassoc.com
marl4@cummingsassoc.com
matt@cummingsassoc.com
jvallas@saad.com
terrym@delaneyinc.net
ccooper@saad.com
matt@cummingsassoc.com
Tommy Gleason
15/31
2
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2
2
2
2
2
2
2
2
1
1
1
1
2
1
1
1
1
2
1
1
1
2
2
1
1
1
1
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
Oct
Oct
sp/su
sp/su
sp/su
sp/su
sp/su
sp/su
sp/su
sp/su
sp/su
sp/su
sp/su
sp/su
sp/su
sp/su
Oct
Oct
Oct
Oct
Oct
Oct
Oct
Oct
sp/su
sp/su
sp/su
sp/su
Oct
sp/su
sp/su
sp/su
sp/su
Oct
sp/su
sp/su
sp/su
Oct
Oct
sp/su
sp/su
sp/su
sp/su
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
36606
36607
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36608
36609
36609
36609
36609
36609
36611
36613
36617
36618
36618
36619
36619
36619
36619
36619
36693
36693
36693
36695
3016 Dauphin Street
Life Plus Center
LensCrafters Retail Center
Airwest Retail Center
Springhill Plaza
Former Jiffy Lube
Baker-West Retail Center
University Square Shopping Center
Mosley's Strip Center
Westgate Shopping Center
Llanfair Place
University Village
Providence Plaza
1230 Montlimar Drive
Old Shell Road Shopping Center
Prime Retail Site
Building H-8
Shoppes of Springdale
7000 Airport Boulevard
McGregor Square
ABC Store
Dollar General Springhill
3819 Airport Blvd
Festival Centre
Regency Square Shopping Center
Pleasant Valley Shopping Center
Regency Square
Tillman's Square
Government Warehouse/Retail
Chickasaw Shopping Center
Eight Mile Shopping Center
St. Stephens Square
Park Forest Shopping Center
Overlook Shopping Center
Andrews Plaza
Nevius Road - Tillman's Corner
The Talbott Building
Lowtill Plaza
Shoppes at Rangeline
Skyline Plaza Shopping ctr.
Gulas Antique Building
Government/65
Hillcrest Retail Center
3016 Dauphin Street
3152 Old Shell Road
4027 Airport Blvd.
7335 Airport Blvd
I-65 & Springhill Ave.
6808 Airport Blvd
9120 Airport Blvd.
6501 Old Shell Road
4674 Airport Blvd
7156 Airport Boulevard
3750 Airport Boulevard
Old Shell Road
Airport Boulevard
1230 Montlimar Drive
3152 Old Shell Road
940 N Schillinger Rd
4513 Old Shell Road
171 E I-65 Beltline Rd
7000 Airport Boulevard
3930 Airport Blvd.
4625 Springhill Ave
4690 Springhill Ave
3819 Airport Blvd
3725 Airport Blvd
306 S. University Boulevard
Government Boulevard
Airport Boulevard
Highway 90
4128 Government Blvd
S. Craft Highway
St. Stephens Road
2312 St. Stephens Road
4725 Moffett Road
5304 Overlook Rd at Moffett Road
Highway 90 - Tillmans Corner
5601 Nevius Road
5858 Old Pascagoula Road
5319 US Hwy 90 W, Ste. A
5441 US Hwy 90 W
4122/4124 Government Blvd.
3750 Government Street
3747 Government Blvd
1261 Hillcrest Road
1990
2003
1987
1993
1974
1
1
1993
2001
1995
3,190
7,400
15,000
20,000
47,251
Free
Free
Free
2004
Free
8,400
Free
Free
Free
Free
Free
1 Free
Free
1 Free
2006
2006
2005
1986
1994
2007
2007
1990
87,834
53,332
23,679
3,000
6,000
2,400
1
1
1,520
166,015
4,200
10,900
12,500
1
Free
Free
Free
1970
37,280
60,519
2,850
35,000
15,000
4,885
1
1995
Free
Free
1
2006
2004
2004
1975
1987
1997
37,920
Free
1 Free
1 Free
850
2,732
1
2003
Free
1 Free
1
Free
35,000
6,700
27,000
17,000
16/31
8.28
12.00
14.50
12.00
8.00
18.00
11.00
15.00
11.00
7.00
25.00
12.00
12.50
12.00
12.50
18.75
14.21
10.00-23.50
11.50
11.00
15.00
6.00-18.00
5.00
3,190
2,318
2,400
1,400
2,400
1,400
2,000
2,500
8,400
5,625
1,000
1,200
1,875
3,000
1,150
2,400
6,000
2,400
8,495
1,520
1,200
1,800
6,319
156,300
20,179
2,850
4.00-6.00
4.00
9,800
8.00
5.00
1,400
42,000
16,500
11.00
19.00
21.00
7.00
10.00
12.00
2,100
4,100
2,732
2,379
4,850
10,000
4,250
3,300
1,500
1,150
1,200
1,995
1,520
13,240
6,300
20,179
1,750
10,000
1,200
1,250
1,200
850
6,700
1,250
3,300
3,190 Cummings & Associates, Inc.
Ward Properties, Inc.
9,000 Stein Investments, Inc.
4,500 Stein Investments, Inc.
Folmar & Associates
The Mitchell Company, Inc.
15,000 Stein Investments, Inc.
8,400 Merrill P. Thomas Co., Inc.
5,625 NAI Heggeman Realty Co., Inc.
Cummings & Associates, Inc.
Cummings & Associates, Inc.
Cummings & Associates, Inc.
3,000 Saad & Vallas Realty Group, LLC
1,150 Saad & Vallas Realty Group, LLC
Saad & Vallas Realty Group, LLC
6,000 Prudential Cooper & Co., Inc. Commercial Division
2,400 Prudential Cooper & Co., Inc. Commercial Division
6,500 Prudential Cooper & Co., Inc. Commercial Division
1,520 Cummings & Associates, Inc.
25,974 Retail Management Group
Watson Realty Inc.
Watson Realty Inc.
Susan Tolar Realty, Inc.
150,000 Staubach
20,179 Merrill P. Thomas Co., Inc.
Cummings & Associates, Inc.
Cummings & Associates, Inc.
2,850 Cummings & Associates, Inc.
35,000 Praytor Properties LLC
Delaney Development
Cummings & Associates, Inc.
Cummings & Associates, Inc.
8,350 Saad & Vallas Realty Group, LLC
Property Management Group
Cummings & Associates, Inc.
Cummings & Associates, Inc.
4,100 Saad & Vallas Realty Group, LLC
Saad & Vallas Realty Group, LLC
2,379 Land Capital Group, Inc.
4,000 Bay Area Properties, LLC
10,000 Saad & Vallas Realty Group, LLC
1,500 Metcalfe & Company, Inc.
8,000 Stein Investments, Inc.
Marl M. Cummings
Rudolph Turner
David Stein
David Stein
Curtis Wilson
Ronnie Johnson
David Stein
John Delchamps
Marietta Urquhart
Matt Cummings
Marl Cummings IV
Marl Cummings IV
Christie Amezquita
Cher Cooper
Joseph McCullough
Angela McArthur
Richard Mann
Angela McArthur
Marl M. Cummings
David Dexter
Ralph Neal
Ralph Neal
Susan Tolar
Josh Burmeister
John Delchamps
Marl Cummings IV
Matt Cummings
Matt Cummings
Tommy Praytor
Terry McKinney
Matt Cummings
Matt Cummings
Joseph McCullough
Jeff Laufer
Matt Cummings
Matt Cummings
Cher Cooper
Christie Amezquita
Kelly Simons
Rick Colllins, Jr.
Cher Cooper
Brian Metcalfe
David Stein
Steininv@aol.com
Steininv@aol.com
folmar2@comcast.net
rjohnson@mitchellcompany.com
Steininv@aol.com
JohnDelchamps@aol.com
murquhart@heggeman.com
matt@cummingsassoc.com
marl4@cummingsassoc.com
marl4@cummingsassoc.com
camezquita@saad.com
ccooper@saad.com
jmccullough@saad.com
angiemcarthur@prucooper.com
JohnDelchamps@aol.com
marl4@cummingsassoc.com
matt@cummingsassoc.com
matt@cummingsassoc.com
terrym@delaneyinc.net
matt@cummingsassoc.com
matt@cummingsassoc.com
jmccullough@saad.com
matt@cummingsassoc.com
matt@cummingsassoc.com
ccooper@saad.com
rickproperty@aol.com
ccooper@saad.com
brian@metcalfeco.com
Steininv@aol.com
17/31
1
1
1
1
1
2
2
2
2
2
76
77
78
79
80
81
82
83
84
85
sp/su
sp/su
sp/su
sp/su
sp/su
Oct
Oct
Oct
Oct
Oct
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
36695
36695
36695
36695
36695
36695
36695
36695
36695
36695
Schillinger Commercial Center
Hillcrest Plaza
Palmetto Place Shopping Center
Previous Restaurant For Lease
Shops of Schillinger
6721 Grelot Road
1248 Hillcrest Road
Cottage Hill & Dawes
Dollar General
1020 Schillinger Rd. S.
Hillcrest Road
960 S Schillinger Rd
7695 Cottage Hill Rd. Ste. B and C
960 Schillinger Rd
740 South Schillinger Road
6721 Grelot Road
1248 Hillcrest Road
Cottage Hill Rd. & Dawes Rd.
3440 Hillcrest Road
2003
Free
Free
5,100
113,940
25,250
2,400
2,500
18,000
11,088
2,542
8,740
10,300
2004
2004
1 Free
1
2007
1983
2008
2007
18/31
14.00
1,700
1,700
18.50
12.00
17.00
19.00
28.00
20.30
19.00
12.50
14,250
2,400
5,000
1,620
1,323
2,542
8,740
1,200
1,750
2,500
1,200
1,700 Cumbest Properties, Inc.
Cummings & Associates, Inc.
5,250 Prudential Cooper & Co., Inc. Commercial Division
Prudential Cooper & Co., Inc. Commercial Division
5,000 Prudential Cooper & Co., Inc. Commercial Division
Saad & Vallas Realty Group, LLC
Saad & Vallas Realty Group, LLC
Saad & Vallas Realty Group, LLC
3,640 Saad & Vallas Realty Group, LLC
Watson Realty Inc.
Brent Cumbest
Matt Cummings
Angela McArthur
Angela McArthur
Angela McArthur
Justin Smith
Christie Amezquita
Christie Amezquita
Christie Amezquita
Ralph Neal
brent@cumbestproperties.com
matt@cummingsassoc.com
angiemcarthur@prucooper.com
angiemcarthur@prucooper.com
angiemcarthur@prucooper.com
19/31
Baldwin
source
1
1
1
1
1
1
1
1
2
1
1
2
1
1
1
1
2
1
2
id number date period date year zipcode
bldg name
number
months
year
number
name
86
sp/su
2007
36507 Chamber Plaza
87
sp/su
2007
36526 Colonial Plaza Shopping Center
88
sp/su
2007
36526 Former Advanced Auto
89
sp/su
2007
36526 Jubilee Plaza
90
sp/su
2007
36526 Former Eckerd's Building
91
sp/su
2007
36526 Daphne Square Shopping Center
92
sp/su
2007
36526 Rand Avenue
93
sp/su
2007
36526 Daphne Commercial Park
94
Oct
2007
36526 Lions Gate
95
sp/su
2007
36527 Retail Center in Spanish Fort
96
sp/su
2007
36532 403 - 409 Fairhope Avenue
97
Oct
2007
36532 Couture Brides and Belles
98
sp/su
2007
36535 Foley Plaza
99
sp/su
2007
36535 Foley Plaza
100
sp/su
2007
36535 Ninth Street - Foley
101
sp/su
2007
36542 Magnolia Plaza
102
Oct
2007
36542 Sweet Repeats Building on Hwy 59
103
sp/su
2007
36551 5700 North Magnolia Street
104
Oct
2007
36567 Magnolia Plaza
location
address
201 Chamber Drive
1410 US Hwy 98
7241 Highway 98
Highway 90
1801 Hwy 98
2200 Highway 98
8722-A Rand Avenue
8039 American Way
8449 Hwy 64
10073 US HWY 31
403-409 Fairhope Avenue
460 N Section St
600 S. McKenzie Street
Hwy 59 & 9th
225 Ninth Avenue
3947 Highway 59
3839 Highway 59
5700 North Magnolia Street
21470 Highway 59
yr blt yr reno no. floors prking
year
year
number number
2006
Free
1996
Free
Free
1999
2001
total s.f.
number
15,800
15,000
20,190
12,000
18,000
Free
Free
1
7,600
10,000
6,000
6,912
5,400
2005
Free
1935
20,400
1 Free
32,000
21,000
2,000
9,800
1999
1 Free
20/31
price s.f. avail s.f. smal contigous lgst contigous
company
dollars
number
number
number
name
13.50
5,200
1,300
3,900 White-Spunner and Associates, Inc.-Baldwin Co.
12.95
9,000
1,500
4,500 Fleetwood T. Lane Properties
11.00
7,000
The Mitchell Company, Inc.
Cummings & Associates, Inc.
12,000
1,200
12,000 The Shopping Center Group, LLC - Gulf Coast
14.00
1,200
Merrill P. Thomas Co., Inc.
6.50
2,813
Saad & Vallas Realty Group, LLC
8.00
7,600
Coldwell Banker Reehl Prop. Comm. Div.
8.18
6,600
2,200
10,000 J. L. O'Brien & Associates, Inc.
3,000
1,500
3,000 NAI Heggeman Realty Co., Inc.
Cummings & Associates, Inc.
16.00
5,400
600
4,800 Prudential Cooper & Co., Inc. Commercial Division
13.00
5,000
2,500
5,000 Saad & Vallas Realty Group, LLC
20,400
1,600
20,400 The Shopping Center Group, LLC - Gulf Coast
15.00
2,400
Retail Specialists, Inc.
18.00
32,000
1,500
16,000 Re/Max of Orange Beach
9.50-16.00
21,000
2,000
11,000 RE/Max of Orange Beach
15.00
2,000
2,000
2,000 Saad & Vallas Realty Group, LLC
15.50
1,183
1,183
9,800 Cunningham, Foley & Barnes
agent
name
Jeremy B. Milling
Fleetwood Lane
Ronnie Johnson
Matt Cummings
Spencer Akin
John Delchamps
Cher Cooper
Thomas Galloney
Jay O'Brian
Marietta Urquhart
Matt Cummings
Angela McArthur
Joseph McCullough
Spencer Akin
Bill Clements
Anna Lisa Nist
Anna Lisa Nist
Cher Cooper
LaSha Powell
email
address
jeremy@white-spunnerassoc.com
ftlane@bellsouth.net
rjohnson@mitchellcompany.com
matt@cummingsassoc.com
SpencerA@theshoppingcentergroup.com
JohnDelchamps@aol.com
ccooper@saad.com
Tgalloney@bellsouth.net
murquhart@heggeman.com
matt@cummingsassoc.com
jmccullough@saad.com
SpencerA@theshoppingcentergroup.com
bill@retailspecialists.com
annalisanist@gulftel.com
ccooper@saad.com
21/31
MARKET WATCH
Table 4.
Fall/Winter '07, Retail Properties
Mobile and Baldwin
Advertised For Sale
Advertised Sales Price per S.F. by Zipcode
property
number
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
id number
number
56
1
2
41
42
43
44
54
55
60
45
61
46
47
48
49
57
59
67
66
50
58
63
3
4
62
68
51
52
53
69
5
6
7
8
9
10
11
12
13
zipcode
number
36507
36522
36523
36526
36526
36526
36526
36526
36526
36526
36527
36527
36532
36532
36532
36532
36532
36532
36532
36535
36542
36542
36542
36544
36560
36561
36561
36567
36567
36567
36567
36571
36571
36575
36575
36575
36575
36575
36575
36575
sales price
dollars
726,000
250,000
950,000
699,500
775,000
1,080,000
725,000
1,553,922
3,450,000
650,000
225,000
1,395,000
545,000
1,100,000
595,000
352,500
650,322
1,100,000
795,000
2,500,000
225,000
1,500,000
744,000
399,000
6,000,000
450,000
325,000
895,000
1,500,000
490,000
375,000
1,796,850
1,320,000
375,000
350,000
350,000
1,300,000
400,000
bldg. s.f.
number
9,014
10,000
10,000
5,118
2,100
3,827
29,161
5,000
5,000
8,400
3,500
1,090
5,400
2,600
14,000
7,500
21,000
9,014
2,015
3,600
9,000
1,200
6,000
1,586
1,400
1,709
13,813
1,100
22/31
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
64
65
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
median
properties reporting
36576
36580
36604
36604
36605
36606
36606
36607
36607
36607
36608
36608
36608
36608
36608
36608
36608
36609
36609
36609
36617
36618
36618
36618
36619
36693
36695
36695
36695
1,400,000
1,400,000
3,150
2,500
7,700
1,050,000
287,000
200,000
575,000
3,318,545
320,000
135,000
200,000
450,000
627,264
1,397,916
1,299,000
1,113,000
475,000
300,000
1,512,500
1,586,123
60,000
359,000
499,000
4,000
1,397
6,800
16,000
3,600
1,500
2,200
3,150
6,000
9,900
6,134
7,728
1,400
6,435
10,000
264,000
275,000
1,900,000
1,100,000
600,000
$
650,322
65
6,000
8,050
2,400
5,118
49
23/31
MARKET WATCH
Table 5.
Fall/Winter '07, Retail Properties
Mobile and Baldwin
Advertised For Sale
Calculated Sales Price per S.F. by Zipcode
property id number zipcode sales price site s.f. bldg. s.f.
number
number
dollars
number number
number
1
56
36507
726,000
43,560
9,014
calculated sales price calculated sales price
per site s.f.
per bldg. s.f.
dollars
dollars
16.67
80.54
2
1
36522
250,000
10,000
3
2
36523
950,000
217,800
10,000
4.36
95.00
4
5
6
7
8
9
10
41
42
43
44
54
55
60
36526
36526
36526
36526
36526
36526
36526
699,500
775,000
1,080,000
725,000
1,553,922
3,450,000
650,000
117,612
94,090
47,916
43,560
44,431
175,982
5,118
5.95
8.24
22.54
16.64
34.97
19.60
136.67
11
12
45
61
36527
36527
225,000
1,395,000
19,602
5,000
8,400
11.48
45.00
166.07
13
14
15
16
17
18
19
46
47
48
49
57
59
67
36532
36532
36532
36532
36532
36532
36532
545,000
1,100,000
595,000
352,500
650,322
1,100,000
795,000
87,120
3,500
6.26
155.71
20
66
36535
2,500,000
126,324
21
22
23
50
58
63
36542
36542
36542
225,000
1,500,000
239,580
24
3
36544
744,000
25
4
36560
399,000
26
27
62
68
36561
36561
6,000,000
450,000
159,430
28
29
30
31
51
52
53
69
36567
36567
36567
36567
325,000
895,000
20,473
43,560
1,500,000
261,360
9,000
5.74
166.67
32
33
5
6
36571
36571
490,000
375,000
26,660
1,200
14.07
312.50
2,100
3,827
29,161
5,000
52,708
25.00
406.04
118.31
130.00
11.29
1,090
119,354
10,415
514.29
5,400
2,600
14,000
323.39
5.45
105.62
19.79
203.70
305.77
178.57
0.94
69,696
7,500
21,000
43560
9,014
200.00
17.08
2,015
82.54
198.01
37.63
3,600
125.00
15.87
20.55
24/31
34
35
36
37
38
39
40
7
8
9
10
11
12
13
36575
36575
36575
36575
36575
36575
36575
1,796,850
1,320,000
375,000
350,000
350,000
1,300,000
400,000
41
64
36576
1,400,000
3,150
444.44
42
65
36580
1,400,000
2,500
560.00
43
44
14
15
36604
36604
1,050,000
45
16
36605
287,000
4,000
71.75
46
47
17
18
36606
36606
200,000
575,000
1,397
6,800
143.16
84.56
48
49
50
19
20
21
36607
36607
36607
3,318,545
320,000
135,000
51
52
53
54
55
56
57
22
23
24
25
26
27
28
36608
36608
36608
36608
36608
36608
36608
200,000
450,000
627,264
1,397,916
1,299,000
1,113,000
475,000
17,860
42,689
78,408
10,890
77,537
54,450
3,150
6,000
8.72
353.33
79.17
58
59
60
29
30
31
36609
36609
36609
300,000
1,512,500
1,586,123
39,204
53,113
42,253
9,900
6,134
7.65
28.48
37.54
152.78
258.58
61
32
36617
60,000
7,728
7.76
62
63
64
33
34
35
36618
36618
36618
359,000
499,000
256.43
77.54
37,897
1,400
6,435
10,000
65
36
36619
264,000
52,708
66
37
36693
275,000
13,068
67
68
69
38
39
40
36695
36695
36695
1,900,000
1,100,000
600,000
72,310
21,780
median
properties reporting
median sales price
$ 650,322
65
143,748
38,333
28,314
32,234
10,000
44,431
41
12.50
6,000
1,586
1,400
1,709
13,813
1,100
220.00
236.44
250.00
204.80
94.11
363.64
10.43
7,700
32.57
16,000
3,600
1,500
207.41
88.89
90.00
32.00
11.20
10.54
8.00
128.37
16.75
2,200
635.42
5.01
6,000
21.04
45.83
26.28
50.51
8,050
2,400
5,118
49
136.65
250.00
38
$
46
16.26
$
166.37
25/31
MARKET WATCH
Table 6.
Fall/Winter '07 Retail Property
Mobile and Baldwin
Masterfile of Retail Properties Advertised for Sale
Mobile
source
id number date period date year zipcode
bldg name
number
name
number
months
year
2
1
Oct
2007
36522 200 Lebaron
1
2
sp/su
2007
36523 Landmark Seafood Restaurant
2
3
Oct
2007
36544 DOLLAR GENERAL
200 Lebaron
Highway 188
9145 County Highway 19
2
1
2
1
2
2
2
2
2
2
1
1
1
2
2
2
2
2
1
1
1
Highway 43 19860
311 Shelton Beach Road
207 HWY 43
7943-7955 Moffett Road
7941 Moffett Rd.
2456 Schillinger Rd N
2460 Schillinger Rd N
2444 Schillinger Rd N
9150 Moffett Road
1350 Schillinger Road N.
1301 Virginia Street
1300 Government Street
1527 Navco Rd.
2008 Airport Blvd
2400 Airport Blvd.
2518 Old Shell Road
62 North Florida Street
3351 Moffat Rd
5450 Zeigler Blvd.
5454 Zeigler Blvd.
Airport Boulevard
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Oct
sp/su
Oct
sp/su
Oct
Oct
Oct
Oct
Oct
Oct
sp/su
sp/su
sp/su
Oct
Oct
Oct
Oct
Oct
sp/su
sp/su
sp/su
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
36560
36571
36571
36575
36575
36575
36575
36575
36575
36575
36604
36604
36605
36606
36606
36607
36607
36607
36608
36608
36608
Free Standing Retail Building
Sugarmill Shopping Center
Shell Station
Moffett Road 7943
Alpha Village
2456 Schillinger Rd N
2460 Schillinger Rd N
2444 Schillinger Rd N
Conoco Gas/Convenience Store
Robbins Chevron
Automotive Repair Shop
2008 Airport Blvd
The Joker
Ashland Station
Florida Street
Moffat Rd
5450 Zeigler Blvd., Mobile AL
5454 Zeigler Blvd., Mobile AL
Airport Boulevard
location
address
sales price
dollars
250,000
950,000
744,000
399,000
490,000
375,000
1,796,850
1,320,000
375,000
350,000
350,000
1,300,000
400,000
1,050,000
287,000
200,000
575,000
3,318,545
320,000
135,000
200,000
450,000
627,264
26/31
site s.f.
number
217,800
43560
26,660
143,748
38333
28,314
32,234
10,000
17,860
42,689
78,408
bldg. s.f.
company
number
name
10,000 Coldwell Banker Commercial
10,000 Bradley and Associates, Inc.
9,014 REIS Commercial
Prudential Cooper & Co., Inc.
2,015 Commercial Division
Saad & Vallas Realty Group, LLC
1,200 Cummings & Associates, Inc.
Coldwell Banker JME Realty - Mobile
6,000 Saad & Vallas Realty Group, LLC
1,586 Coldwell Banker Commercial
1,400 Coldwell Banker Commercial
1,709 Coldwell Banker Commercial
13,813 DJM Realty
1,100 Exit Realty Hillcrest
7,700 Prudential Cooper & Co., Inc. Commercial Division
Saad & Vallas Realty Group, LLC
4,000 Coldwell Banker Commercial JME Realty - Alabama
1,397 M.J. Baxter & Associate
6,800 Keller Williams
16,000 Saad & Vallas Realty Group, LLC
3,600 Saad & Vallas Realty Group, L.L.C.
1,500 Remax Realty Professionals, Inc.
Keller-Williams - Mobile, AL
Keller-Williams - Mobile, AL
M.J. Baxter & Associates, LLC
agent
name
Tutta Cone
C. M. Bradley
Bill Weitzenkorn
Richard Mann
Cher Cooper
Marl M. Cummings
Don Parden
Christie Amezquita, CCIM
Tutta Cone
Tutta Cone
Tutta Cone
James Avallone
Don Parden
Angela McArthur
John Vallas, Jr.
Jeanne McKay
M.J. Baxter & Associate
Frank Peoples
Christie Amezquita, CCIM
Justin Smith
Dale Swope
Frank Peoples
Frank Peoples
Margery J. Baxter
email
address
info@bradleyinc.biz
ccooper@saad.com
dparden@exithillcrest.com
angiemcarthur@prucooper.com
jvallas@saad.com
jmckay@jmerealty.com
frank@frankpeoples.com
frank@frankpeoples.com
mjbaxter.ccim@comcast.net
27/31
2
2
2
2
1
2
2
1
2
2
2
1
1
1
2
2
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
Oct
Oct
Oct
Oct
sp/su
Oct
Oct
sp/su
Oct
Oct
Oct
sp/su
sp/su
sp/su
Oct
Oct
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
2007
36608
36608
36608
36608
36609
36609
36609
36617
36618
36618
36618
36619
36693
36695
36695
36695
Starbucks
NE corner of Airport and Cody
Jaguar Village
Criswell Refinishing
Cottage Hill Road at Azalea Road
3912 Cottage Hill Road
El Chico Cafe
5 Unit Retail Shopping Center
4058 MOFFETT RD
Net Lease Inv. - "Dollar General Store"
Schillinger Rd Extension
1550 I-65 W Service Road
6401 Airport Blvd. -Prime Location!
1222 Hillcrest
2488 Hillcrest Road
4401 Old Shell Road
7080 Airport Blvd.
5611 Old Shell Road
4103 Moffett Road
3920 Cottage Hill Road
3912 Cottage Hill Road
830 West I-65 Service Road S
621 Dr. Thomas Ave. N.
4060 MOFFETT ROAD
4058 MOFFETT RD
7241 Moffett Road
Schillinger Rd S-B
1550 I-65 W Service Road
6401 Airport Blvd.
1222 Hillcrest
2488 Hillcrest Road
1,397,916
1,299,000
1,113,000
475,000
300,000
1,512,500
1,586,123
60,000
359,000
499,000
not dislosed
264,000
275,000
1,900,000
1,100,000
600,000
28/31
10,890
77,537
54,450
39,204
53,113
42,253
37,897
52,708
13,068
72,310
21,780
2,200 Marcus & Millichap
Gleason and Associates, Inc.
3,150 Saad & Vallas Realty Group, LLC
6,000 Saad & Vallas Realty Group, L.L.C.
Saad & Vallas Realty Group, LLC
9,900 Gulf States Holdings LLC
6,134 Marcus & Millichap Real Estate Investment Brokerage Company
7,728 Coldwell Banker Commercial JME Realty - Alabama
1,400 Robert Brothers Real Estate
6,435 Coldwell Banker Commercial
10,000 Higgenbotham Auctioneers Int'l, Ltd.
Prudential Cooper & Co., Inc. Commercial Division
6,000 J. Barrons, LLC - Commercial
Keller-Williams - Mobile, AL
8,050 Saad & Vallas Realty Group, L.L.C.
2,400 Leatherbury Real Estate
Alvin Mansour
Tommy Gleason
Christie Amezquita, CCIM
Justin Smith
John Vallas, Jr.
William Cowan
Glen Kunofsky
Harry Brown
Robert Moore
Karen Ivey
Rachel King
Bob Cooper
Haran Hunter
Frank Peoples
Justin Smith
John Luce
jvallas@saad.com
mayor@bellsouth.net
bobcooper@prucooper.com
haran@haranhunter.com
frank@frankpeoples.com
29/31
Baldwin
source
1
1
1
1
1
1
1
1
1
1
1
1
1
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
id number date period date year zipcode
bldg name
number
name
number
months
year
41
sp/su
2007
36526 Banquet Hall, Church, or School
42
sp/su
2007
36526 Commercial Corner on Hwy 181 Daphne
43
sp/su
2007
36526 Bayshore Motors
44
sp/su
2007
36526 Lions Gate
45
sp/su
2007
36527
46
sp/su
2007
36532 Gas Station/Convenience Store
47
sp/su
2007
36532 12 North Section Street, Fairhope
48
sp/su
2007
36532 Former Gas Station in Marlow
49
sp/su
2007
36532 Building in downtown Fairhope
50
sp/su
2007
36542 Hwy Property US 84 West Daleville, Al.
51
sp/su
2007
36567 23529 State Highway 59
52
sp/su
2007
36567 CARZ 4 YOU
53
sp/su
2007
36567 Sarah's Deli
54
Oct
2007
36526 Hardee's
55
Oct
2007
36526
56
Oct
2007
36507 Dollar General
57
Oct
2007
36532 Dollar General
58
Oct
2007
36542 Plaza West
59
Oct
2007
36532 Couture Brides & Belles
60
Oct
2007
36526 Former Angelo's Resturant
61
Oct
2007
36527 Beach House Grill
62
Oct
2007
36561 WOLF BAY VILLAGE
63
Oct
2007
36542 Sweet Repeats Building on Hwy 59
64
Oct
2007
36576 Silverhill - BP Convenience Store
65
Oct
2007
36580 Marlow - BP Convenience Store
66
Oct
2007
36535 United Rental
67
Oct
2007
36532 N. Section Street
68
Oct
2007
36561 Unit 3A Canal Plaza
69
Oct
2007
36567 Turn Key Operation
location
address
26258 Pollard Rd.
26953 State Highway 181
1208 Highway 98
8449 Hwy 64
8230 Spanish Fort Blvd
8124 U.S. Hwy 98
12 North Section Street
County Road 32 at County Road 9
23 S. Section St.
16163A Bon Bay Drive
23529 State Highway 59
20870 Highway 59
22272 Highway 59
837 Gulf Shores Parkway
1302 Highway 98
Highway 59 & Old Daphne Rd.
8143 US Hwy 98
5160 State Highway 180 Gulf Shores
460 N Section St
28971 U. S. Highway 98
5872 Battleship Parkway
25637 Canal Road
3839 Highway 59 - Parcel A
14981 Highway 104
13399 County Road 32
2801 S. McKenzie St.
12 N. Section Street
25299 Canal Rd
26670 Hwy 112
sales price
dollars
699,500
775,000
1,080,000
725,000
225,000
545,000
1,100,000
595,000
352,500
225,000
325,000
895,000
1,553,922
3,450,000
726,000
650,322
1,500,000
1,100,000
650,000
1,395,000
6,000,000
not disclosed
1,400,000
1,400,000
2,500,000
795,000
450,000
1,500,000
30/31
site s.f.
number
117,612
94,090
47,916
43,560
19,602
87,120
52,708
239,580
20,473
43,560
44,431
175,982
43,560
119,354
10,415
159,430
69,696
126,324
261,360
bldg. s.f.
company
number
name
5,118 Coldwell Banker Commercial JME Realty - Alabama
Coldwell Banker Reehl Prop. Comm. Div.
2,100 Coldwell Banker Reehl Prop. Comm. Div.
Coldwell Banker Reehl Prop. Comm. Div.
5,000 Keller-Williams - Mobile, AL
3,500 Coldwell Banker Commercial JME Realty - Alabama
White-Spunner and Associates, Inc.-Baldwin Co.
Saad & Vallas Realty Group, LLC
1,090 Coldwell Banker Commercial JME Realty - Alabama
Exit South
White-Spunner and Associates, Inc.-Baldwin Co.
Cummings & Associates, Inc.
Saad & Vallas Realty Group, LLC
3,827 Yance, Inge & Associate
29,161 Cunnigham, Foley & Barnes
9,014 REIS Commercial
Watson Realty Inc.
7,500 RE/MAX Paradise
5,400 Prudential Cooper & Co., Inc. Commercial Division
5,000 RE/MAX by the Bay
8,400 Carter Properties
Alan Joel Partners
21,000 RE/Max of Orange Beach
3,150 Saad & Vallas Realty Group, L.L.C.
2,500 Saad & Vallas Realty Group, L.L.C.
14,000 White-Spunner and Associates, Inc.
2,600 White-Spunner and Associates, Inc.
3,600 Coldwell Banker South Shore Realty
9,000 Beck Property Company Inc.
agent
name
Harry Brown
Dennis Frodsham
Thomas Galloney
Thomas Galloney
Cathy Taylor
Harry Brown
Rebecca D. Byrne
Tim Herrington
Eva Klemann
Larry Livingston
Rebecca D. Byrne
Chad Slaton
Tim Herrington
John Flynn
Jeff Barnes
Bill Weitzenkorn
Ralph Neal
Robert Shallow
Angela McArthur
Bob Allsman
Michael Carter
Alan Joel
Anna Lisa Nist
Justin Smith
Justin Smith
Pat Taylor
Pat Taylor
Christine Slaughter
Justin Beck, CCIM
email
address
mayor@bellsouth.net
dfrodsham@bellsouth.net
Tgalloney@bellsouth.net
Tgalloney@bellsouth.net
cathy@cathy-taylor.com
mayor@bellsouth.net
rebecca@white-spunnerassoc.com
therrington@saad.com
eklemann@jmerealty.com
lliving36@mchsi.com
rebecca@white-spunnerassoc.com
chad@cummingsassoc.com
therrington@saad.com
31/31