Highway 31

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Highway 31

Spanish Fort, AL 36527
Asking Price
$1.58M
Asset Type
Auto Shop Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail auto shop asset available for purchase in Spanish Fort
  • Dual frontage on Highway 31 and Old Highway 31
  • Strategic location within an active Baldwin County commercial corridor
  • Asking price for the property is set at 1,580,000 dollars
  • Site supports various automotive service and retail business uses

What's Special

This retail auto shop asset is positioned along Highway 31 in Spanish Fort, Alabama. The property benefits from dual frontage on both Highway 31 and Old Highway 31, providing logistical advantages for automotive businesses requiring high visibility and efficient access for customers. Spanish Fort serves as a growing commercial hub within the Mobile metropolitan area, drawing consistent traffic from the surrounding Baldwin County population. The site layout supports operations focused on automotive service, repair, or retail sales given the high-traffic thoroughfare placement. Investors or owner-operators looking to establish a foothold in this active submarket will find the strategic road placement advantageous for regional service delivery or retail trade. The configuration of the lot offers flexibility for automotive-related business functions while benefiting from the broader economic growth seen throughout the I-10 corridor in lower Alabama.

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NOI
$80,000
Cap Rate
5.06%
DSCR
0.85
Underwater
Cash-on-Cash
-2.91%
Monthly Payment
$7,816.978
Annual Cash Flow
$-13,803.735

Location & Travel Times