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515 Azalea Rd 1,575 SF 100% Leased Office Building Mobile, AL 36609 $343,740 CAD ($218.25 CAD/SF)



Executive Summary
FMIG is pleased to present the opportunity to acquire a unique freestanding office building located at 515 Azalea Rd in Mobile. Positioned along a high-traffic corridor near the intersections of Pleasant Valley Rd and Cottage Hill Rd, the property benefits from strong visibility, accessibility, and proximity to established residential and commercial areas.
The subject property consists of a ±1,575 square foot building situated on approximately 0.48 acres. Formerly utilized as a dental office, the building features a functional layout with multiple private offices, making it well-suited for medical, professional, or administrative use.
The interior includes several individual office suites, two restrooms (one equipped with a shower), and a small kitchen/break area. The layout supports a variety of configurations, ideal for owner-users or tenants seeking privacy and operational efficiency.
Architecturally, the property offers distinctive character with well-maintained finishes, complemented by mature oak trees and a circular driveway that enhances both curb appeal and ease of access. The site is further improved with a decorative wrought iron fence, creating a professional and welcoming presence.
The subject property consists of a ±1,575 square foot building situated on approximately 0.48 acres. Formerly utilized as a dental office, the building features a functional layout with multiple private offices, making it well-suited for medical, professional, or administrative use.
The interior includes several individual office suites, two restrooms (one equipped with a shower), and a small kitchen/break area. The layout supports a variety of configurations, ideal for owner-users or tenants seeking privacy and operational efficiency.
Architecturally, the property offers distinctive character with well-maintained finishes, complemented by mature oak trees and a circular driveway that enhances both curb appeal and ease of access. The site is further improved with a decorative wrought iron fence, creating a professional and welcoming presence.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
1,575 SF
Building Class
B
Year Built
1990
Price
$343,740 CAD
Price Per SF
$218.25 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,575 SF
Building FAR
0.08
Lot Size
0.48 AC
Zoning
B-1 - Business District
Parking
8 Spaces (5.08 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Cox Nuclear Pharmacy
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cox Nuclear Pharmacy | Retailer | - | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 28-07-35-2-001-007 | Improvements Assessment | $24,062 CAD |
| Land Assessment | $20,129 CAD | Total Assessment | $44,191 CAD |
Property Taxes
Parcel Number
28-07-35-2-001-007
Land Assessment
$20,129 CAD
Improvements Assessment
$24,062 CAD
Total Assessment
$44,191 CAD
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515 Azalea Rd
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