COMMERCIAL SITE
Hospitality
for Sale
Sale Pending
Catylist Listing ID: |
30840660 |
Property Subtypes: |
Convention Center, Hotel, Inn, Motel, Other
|
Status: |
Pending |
Number of Units: |
4 Units |
Building Size (RSF): |
48,000 SF |
Gross Building Area: |
See Agent |
Gross Land Area: |
5.20 Acres
|
Sale Price: |
$5,900,000 |
Unit Price: |
$1,475,000 Per Unit |
Property Use Type: |
Vacant/Owner-User |
Building Name: |
GRACEPOINTE CHURCH |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
8/28/2024 |
Overview / Comments
MOTIVATED SELLER-BRING ALL OFFERS!!!
THE HOTTEST COMMERCIAL SITE IN MOBILE ALABAMA—ADJACENT TO LARGEST EMPLOYER OF PROFESSIONALS IN SOUTH AL!!!
The Site/location is Very Exceptional and This Constitutes the Real Value. USA is the largest Employer of Professionals in South Alabama! The USA HOSPITAL SYSTEM is a training Hospital for Doctors and Nursing. Within the Last 2 Years, USA Has Added a Newly Constructed Sports Complex and Football Stadium. A New Intersection Was Created When the USA Added a New Drive (John Counts Dr) Leading Directly to the Sports Complex & Parking. The SITE is in the South East Corner of the New Intersection with 341' on Old Shell Rd., 658' on Foreman Rd. and 450 on Dickens Ferry Rd.- a Total of 1450' of Paved Street Frontage. The Site Consist of 5.2 Acres and has Paved Streets on 3 Sides. An Ideal Location for a Hotel, Medical Complex, Educational and Commercial Mixed Use and other University Related Use. There is Not Any Other Acreage Available With Frontage on 3 Streets Adjacent to Usa Campus/Sport Complex. An existing Church Congregation is Relocating outside the city limits. There Are 3 Main Improvements Consisting: Sanctuary/classrooms 21,996 Sf; Office/ Gym Area 20,000 Sf; Parsonage 941 Sf; Workshop 720 Sf. To My Knowledge The Replacement Cost for the Building Was Appraised in 2020 for $4,859,595. Values Have Risen Considerably in the Last 3 Years. The Current Condition Overall is Excellent. And the Church Has Remodeled the Sanctuary in the Last 8 Years. FOR ADDITIONAL INFO CALL SAM PAGE 251-605-8500.
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Additional Details
Nearest MSA: |
Mobile |
County: |
Mobile |
Tax ID/APN: |
2804173000056XXX |
Retail Clientele: |
General, Business, Convention, Other |
Property Located Between: |
OLD SHELL RD AND AIRPORT BLVD |
Property Visibility: |
Excellent |
Largest Nearby Street: |
OLD SHELL ROAD |
Feet of Frontage: |
1,450 |
Highway Access: |
FRONTS ON 4 LANE OLD SHELL RD |
Airports: |
3 MILES WEST |
Site Description: |
AT THE INTERSECTION OF OLD SHELL RD & FOREMAN RD AND NEW ACCESS ROAD(JOHN COUNTS DR) LEADING TO FOOTBALL STADIUM |
Area Description: |
ADJACENT TO USA SPORTS COMPLEX AND FOOTBALL FIELDS |
Nearby Attractions: |
USA FOOTBALL AND OTHER SPORTING EVENTS |
Total Number of Buildings: |
4 |
Number of Stories: |
2 |
Property Condition: |
Excellent |
Construction/Siding: |
Brick |
Parking Type: |
Surface |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
9,180 |
67,171 |
141,379 |
Median Age: |
30.5 |
36.27 |
36.17 |
Households: |
4,215 |
27,794 |
56,998 |
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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