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1550 S Broad St
Mobile, AL 36605
Mobile Bay and Gasket · Industrial Property For Sale
Investment Highlights
- The subject property is leased by the County of Mobile – Sherrif’s Department
- Recent renovations of the building are estimated to be ±$400k and were paid for by the tenant. Renovations include a new roof, office, mechanicals
- Attractive 1.50% annual rental increases
- The Sherrif’s Department is using the premise for tactical, Canine, and Intelligence Divisions
- 4-Years remaining on an initial 5 year lease term
- Brand new roof in 2024 which comes with a 10-year transferable material warranty & weather tightness warranty
Property Facts
| Property Type | Industrial | Year Built/Renovated | 1985/2024 |
| Property Subtype | Service | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.97/1,000 SF |
| Lot Size | 0.98 AC | No. Dock-High Doors/Loading | 2 |
| Rentable Building Area | 10,288 SF | No. Drive In / Grade-Level Doors | 1 |
| No. Stories | 1 | ||
| Zoning | Commercial | ||
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.98 AC |
| Rentable Building Area | 10,288 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1985/2024 |
| Tenancy | Single |
| Parking Ratio | 0.97/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | Commercial |
Amenities
- Fenced Lot
- Signage
Property Taxes
| Parcel Number | 29-11-36-0-002-095 | Improvements Assessment | $93,460 |
| Land Assessment | $43,440 | Total Assessment | $136,900 |
Property Taxes
Parcel Number
29-11-36-0-002-095
Land Assessment
$43,440
Improvements Assessment
$93,460
Total Assessment
$136,900
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