Mobile, AL
Commercial Real Estate Market Trends & Data

$268 Avg asking sale price
$10,849 Avg asking lease rate
29,674 SF Avg unit lease size
40,518 SF Avg building size for sale
7.08% Average cap rate

Mobile's Demographic Profile

Mobile has 78,341 households and a median income of $45,147, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 189,083
# Households 78,341
Median age 38
Median household income $45,147
Avg household size 2.0
Renter-occupied housing units 37,397
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Mobile, AL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Mobile $165 43,095 SF 9.23%
Spanish Fort $423 13,254 SF 7.00%
Daphne $344 7,384 SF 10.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Mobile $339 23,189 SF
Whistler $48 10,000 SF
Prichard $35 11,876 SF
Semmes $140 10,260 SF
Chickasaw $23 13,752 SF

Commercial Properties For Sale in Mobile

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Merchants Plaza

Mobile, AL

  • 7.11% Cap Rate
  • $11,900,000
For Sale

8 N Broad St

Mobile, AL 36602

  • 840 SF Retail Building
  • 7.00% Cap Rate
  • $993,586
For Sale

857 Downtowner Blvd

Mobile, AL 36609

  • 19,110 SF Office Building
  • 6.98% Cap Rate
  • $899,000
For Sale

361 St Louis St

Mobile, AL 36602

  • 57,554 SF Industrial Building
  • $5,500,000
For Sale

Hillcrest Park

Mobile, AL 36695

  • 8,050 SF Office Building
  • $649,500
For Sale

Chick-Fil-A

Mobile, AL 36619

  • 3,000 SF Retail Building
  • 4.15% Cap Rate
  • $3,253,012

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Mobile pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Mobile $268 40,518 SF
Whistler $100 11,750 SF
Prichard $74 12,417 SF
Semmes $140 10,260 SF
Chickasaw $23 13,752 SF

Regional Demographic Comparison

This comparison places Mobile alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Mobile or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Whistler 4,288 1,696 39 $31,548 3 795 2%
Prichard 22,686 8,845 41 $34,298 2 3,727 4%
Semmes 20,585 7,471 39 $61,880 3 1,226 -2%
Chickasaw 6,281 2,503 36 $37,249 3 1,164 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Mobile, AL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Mobile

View All Commercial Real Estate For Sale in Mobile
Is Mobile a good market for a first-time commercial real estate investor?

Mobile offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Mobile?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Mobile. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Mobile?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Mobile. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Mobile compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Mobile. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Mobile acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Mobile, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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