Prime investment opportunity located on the high-traffic corridor of Moffett Road in Mobile, Alabama. This well-maintained commercial property boasts a strong tenant in place under a long-term lease, offering immediate and stable income for investors. With excellent visibility, easy access, and a history of consistent occupancy, this asset is ideal for those seeking a turnkey addition to their portfolio. Don’t miss this chance to secure a reliable revenue-generating property in a growing market with the possibility of further development on the property.
Financial Considerations
Price:
$1,150,000
HOA Fee:
N/A
Tax Amount:
$6976
Price per SqFt:
$125.93
Tax Legal Description:
BEG AT THE SW COR OF THE NE 1/4 OF THE SE 1/4 OF SEC 29 T3S R2W SD PT BEG ON THE E/L OF BLK A LORD SUBD MBK 6 PGS 671-672 TH N 00 DEG 33 MIN E 468.94 FT ALG SD E LINE OF LORD SUBD TO THE NE COR OF LOT 10 SD BLK A LORD SUBD SD PT BEG ON THE S ROW 98) TH SEWLY & TO THE R 146.33 FT ALG A CURVE DESC AS FOLL CENTRAL ANG 1 DEG 28 MIN 10 SEC RAD 5705.08 FT & TANG 73.17 FT TH RUN S 00 DEG