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    Keller Williams Realty Mobile

    1210 Hillcrest Road, Suite 200, Mobile, AL 36695
    (251) 662-5660
    Size: 10+ agents

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    • Land
    • Commercial Sale

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    For Sale (71)

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    Mobile, AL Commercial Land
    $99,000
    7.85 Acres

    Mobile, AL Commercial Land

    Large commercial land parcel in a rapidly growing area.

    Mcfarland Rd, Mobile, AL 36695
    View details
    Prime Land Opportunity in Mobile
    $1,100,000
    99.50 Acres

    Prime Land Opportunity in Mobile

    Almost 100 acres perfect for subdivision or mini estate.

    3505 Schillinger Rd S, Mobile, AL 36695
    View details
    70 Acres of Country Land
    $370,000
    70.00 Acres

    70 Acres of Country Land

    Large acreage near Florala, AL, ideal for homes or farming.

    Circle R Farm Dr, Florala, AL 36442
    View details
    Fairhope Land Near Top Amenities
    $84,999
    0.57 Acres

    Fairhope Land Near Top Amenities

    0.57-acre lot near Fairhope High School and Soccer Complex.

    18932 Bracy Ln, Fairhope, AL 36532
    View details
    Undeveloped Land in Mobile, Alabama
    $131,000
    8.50 Acres

    Undeveloped Land in Mobile, Alabama

    8.5+/- acre parcel zoned for single-family residential development.

    Hall Rd, Mobile, AL 36618
    View details
    Wilmer, AL Land Opportunity
    Contact for pricing
    0.43 Acres

    Wilmer, AL Land Opportunity

    Untouched 0.43-acre lot with potential for homestead or investment.

    Wilmer Georgetown Rd, Wilmer, AL 36587
    View details
    Robertsdale Land for Rural Retreat
    $250,000
    10.00 Acres

    Robertsdale Land for Rural Retreat

    10 acres of land ideal for building your dream home.

    Lee Rd, Robertsdale, AL 36567
    View details
    Land Near Fowl River
    $45,000
    0.82 Acres

    Land Near Fowl River

    Level lot near Fowl River, ready for new construction.

    Cedar Point Rd, Coden, AL 36523
    View details
    Prime Land Opportunity, Mobile, AL
    $1,100,000
    111.42 Acres

    Prime Land Opportunity, Mobile, AL

    Over 100 acres perfect for subdivision or estate.

    Schillinger Rd, Mobile, AL 36695
    View details
    Land in Upscale Mobile Community
    $120,000
    0.63 Acres

    Land in Upscale Mobile Community

    Estate-sized lot in west Mobile near schools and shopping.

    Shadow Creek Dr, Mobile, AL 36695
    View details
    15 Acres Wooded Land Opportunity
    $225,000
    15.00 Acres

    15 Acres Wooded Land Opportunity

    15 acres of wooded, undeveloped land in West Mobile.

    Trenton Ln, Mobile, AL 36693
    View details
    Residential Land in Upscale Community
    $120,000
    0.90 Acres

    Residential Land in Upscale Community

    Estate-sized lot in west Mobile near schools and shopping.

    Shadow Creek Dr, Mobile, AL 36695
    View details
    Lake Lot in West Mobile
    $84,900
    1.44 Acres

    Lake Lot in West Mobile

    Approximately 1.4 acre lake lot, build your dream home!

    Dutchman Woods Dr, Mobile, AL 36695
    View details
    Large Acreage in Florala, AL
    $370,000
    70.00 Acres

    Large Acreage in Florala, AL

    70 acres of land near Florala, Alabama, ideal for farming.

    Circle R Farm Dr, Florala, AL 36442
    View details
    Lakefront Land in West Mobile
    $149,000
    3.92 Acres

    Lakefront Land in West Mobile

    Almost 4 acres of lakefront land, perfect for building.

    Dutchman Woods Dr, Mobile, AL 36695
    View details
    Residential Land in Upscale Community
    $120,000
    0.85 Acres

    Residential Land in Upscale Community

    Estate-sized lot in west Mobile near schools and shopping.

    Shadow Creek Dr, Mobile, AL 36695
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    Residential Lot in Upscale Community
    $120,000
    0.77 Acres

    Residential Lot in Upscale Community

    Estate-sized lot in west Mobile near schools and shopping.

    Shadow Creek Dr, Mobile, AL 36695
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    Waterfront Land in Mobile, AL
    $380,000
    1.39 Acres

    Waterfront Land in Mobile, AL

    1.38 acres of waterfront property on Rabbit Creek.

    Worth Dr, Mobile, AL 36695
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    Residential Lot in Eight Mile
    Contact for pricing
    0.48 Acres

    Residential Lot in Eight Mile

    Residential lot for building a new home in Eight Mile.

    Heather Dr, Eight Mile, AL 36613
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    Residential Lot in Eight Mile
    Contact for pricing
    0.46 Acres

    Residential Lot in Eight Mile

    Residential lot in established neighborhood, convenient location.

    Ashley Dr, Eight Mile, AL 36613
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    9 Acres in West Mobile
    $209,000
    9.06 Acres

    9 Acres in West Mobile

    9 acres of pastureland in West Mobile, Alabama.

    Airport Blvd, Mobile, AL 36608
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    Residential Lot in Headwaters Subdivision
    $49,900
    0.47 Acres

    Residential Lot in Headwaters Subdivision

    Cleared, almost half-acre lot ready for your dream home.

    Silver Maple Dr, Mobile, AL 36619
    View details
    Schillinger Road Land Opportunity
    $174,900
    2.09 Acres

    Schillinger Road Land Opportunity

    2+ acres on Schillinger Road with no zoning restrictions.

    Schillinger Rd S, Mobile, AL 36619
    View details
    Waterfront Lot on Indian Bay
    $999,000
    0.28 Acres

    Waterfront Lot on Indian Bay

    Waterfront lot with boat slips, ideal for resort or home.

    504 Lemoyne Dr, Dauphin Island, AL 36528
    View details
    Residential Lot in Eight Mile
    Contact for pricing
    0.42 Acres

    Residential Lot in Eight Mile

    Residential lot in established neighborhood, convenient to schools and work.

    Ashley Dr, Eight Mile, AL 36613
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    Residential Lot in Eight Mile
    Contact for pricing
    0.40 Acres

    Residential Lot in Eight Mile

    Residential lot in established neighborhood, convenient location, build your dream home.

    Ashley Dr, Eight Mile, AL 36613
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    Residential Lot in Eight Mile
    Contact for pricing
    0.72 Acres

    Residential Lot in Eight Mile

    Residential lot in established neighborhood, convenient location.

    Richard Ln, Eight Mile, AL 36613
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    Residential Land in Todd Acres
    $127,000
    0.50 Acres

    Residential Land in Todd Acres

    Building lot in established neighborhood with mature hardwoods.

    2308 Henning Dr N, Mobile, AL 36695
    View details
    Residential Lot in Stokley Plantation
    Contact for pricing
    0.69 Acres

    Residential Lot in Stokley Plantation

    Residential lot for sale in Atmore, Alabama's Stokley Plantation.

    Stokley Ct, Atmore, AL 36502
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    Residential Lot in Eight Mile
    Contact for pricing
    0.43 Acres

    Residential Lot in Eight Mile

    Residential lot in established neighborhood, convenient location, corner lot.

    Richard Ln, Eight Mile, AL 36613
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    Residential Lot in Eight Mile
    Contact for pricing
    0.67 Acres

    Residential Lot in Eight Mile

    Residential lot in established neighborhood, convenient to schools and work.

    Richard Ln, Eight Mile, AL 36613
    View details
    Eight Mile Commercial Opportunity
    $425,000
    2,315 SF

    Eight Mile Commercial Opportunity

    2.28-acre commercial property with high visibility and easy access.

    6125 Spice Pond Rd, Eight Mile, AL 36613
    View details
    Unzoned 128 Acres in Alabama
    $729,000
    128.00 Acres

    Unzoned 128 Acres in Alabama

    Large, unzoned land tract near Bay Minette, Alabama.

    Dogwood Fork Rd, Bay Minette, AL 36507
    View details
    Residential Lot in Central Location
    Contact for pricing
    0.23 Acres

    Residential Lot in Central Location

    Affordable lot near shopping, restaurants, and I-10.

    183 Buena Vista Dr, Daphne, AL 36526
    View details
    Wooded Lot in Established Neighborhood
    Contact for pricing
    0.29 Acres

    Wooded Lot in Established Neighborhood

    Residential lot for custom home in quiet, convenient Mobile location.

    1715 Gulfdale Dr, Mobile, AL 36605
    View details
    Theodore, AL Wooded Lot
    Contact for pricing
    0.81 Acres

    Theodore, AL Wooded Lot

    Residential lot with well, sold as is.

    6315 Live Oak Cir E, Theodore, AL 36582
    View details
    Dauphin Island Oversized Building Lot
    $549,000
    0.44 Acres

    Dauphin Island Oversized Building Lot

    Beautiful lot on Dauphin Island with sunset views.

    2308 Island Shores Dr, Dauphin Island, AL 36528
    View details
    Residential Land in Upscale Community
    $120,000
    0.74 Acres

    Residential Land in Upscale Community

    Estate-sized lot in west Mobile near schools and shopping.

    Shadow Creek Dr, Mobile, AL 36695
    View details
    Residential Land in Upscale Community
    $155,000
    1.74 Acres

    Residential Land in Upscale Community

    Estate-sized lot in west Mobile near schools and shopping.

    Shadow Creek Dr, Mobile, AL 36695
    View details
    Land in Upscale Mobile Community
    $120,000
    0.97 Acres

    Land in Upscale Mobile Community

    Estate-sized lot in west Mobile near schools and shopping.

    Shadow Creek Dr, Mobile, AL 36695
    View details
    Upscale Land in Shadow Creek
    $135,000
    4.11 Acres

    Upscale Land in Shadow Creek

    Estate-sized lot in west Mobile near schools and shopping.

    Shadow Creek Dr, Mobile, AL 36695
    View details
    Hillcrest Park Professional Office Building
    $570,000
    8,142 SF

    Hillcrest Park Professional Office Building

    Professional office building near Hillcrest Road with multiple units.

    6417 Hillcrest Park Ct, Mobile, AL 36695
    View details
    Residential Lot in Stokley Plantation
    Contact for pricing
    0.69 Acres

    Residential Lot in Stokley Plantation

    Large, level lot ready for building in Atmore, Alabama.

    Stokley Ct, Atmore, AL 36502
    View details
    Land For Sale, Irvington, AL
    $50,000
    4.90 Acres

    Land For Sale, Irvington, AL

    4.9 acres of land with frontage on Irvington BLB Hwy.

    Irvington-Bayou Ln Batre Hwy, Irvington, AL 36544
    View details
    Beachfront Land in Gated Community
    $549,000
    0.82 Acres

    Beachfront Land in Gated Community

    Gulf front lot in Audubon Place, Dauphin Island, AL.

    Audubon Pl, Dauphin Island, AL 36528
    View details
    Land on Leroy Stevens Road
    $178,000
    10.62 Acres

    Land on Leroy Stevens Road

    Residential land for a dream home in West Mobile.

    Leroy Stevens Rd, Mobile, AL 36619
    View details
    Land Near Whitestone Road, Semmes
    $160,000
    8.90 Acres

    Land Near Whitestone Road, Semmes

    8.9 acres of land with road access and two septic systems.

    3400 Whitestone Dr, Semmes, AL 36575
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    Residential Land in Established Neighborhood
    $45,000
    0.34 Acres

    Residential Land in Established Neighborhood

    Level lot in established neighborhood, ideal for building a home.

    390 Lakeview Dr, Mobile, AL 36695
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    Residential Land in Todd Acres
    $142,000
    0.41 Acres

    Residential Land in Todd Acres

    Building lot with mature hardwoods in desirable Mobile neighborhood.

    Worth Dr, Mobile, AL 36619
    View details
    Lakefront Lot in West Mobile
    $49,900
    1.09 Acres

    Lakefront Lot in West Mobile

    Rare 1.08 acre lakefront lot for dream home.

    Silver Maple Dr, Mobile, AL 36619
    View details
    Residential Land in Established Neighborhood
    $45,000
    0.33 Acres

    Residential Land in Established Neighborhood

    Level lot in established neighborhood, ideal for building a home.

    404 Lakeview Dr, Mobile, AL 36695
    View details
    Versatile Commercial Space in Mobile
    $85,000
    1,576 SF

    Versatile Commercial Space in Mobile

    1,576 sq ft commercial space ideal for office or retail.

    4917 Overlook Rd, Mobile, AL 36618
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    Residential Lot in Eight Mile
    Contact for pricing
    0.56 Acres

    Residential Lot in Eight Mile

    Residential lot in established neighborhood, convenient to schools and work.

    William Way E, Eight Mile, AL 36613
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    Residential Lot in Established Neighborhood
    Contact for pricing
    0.54 Acres

    Residential Lot in Established Neighborhood

    Residential lot in established neighborhood, convenient to schools and work.

    Richard Ln, Eight Mile, AL 36613
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    Commercial Opportunity in Chunchula, Alabama
    $99,000
    1,680 SF

    Commercial Opportunity in Chunchula, Alabama

    Versatile commercial property suitable for various business ventures.

    10625 Lott Rd, Chunchula, AL 36521
    View details
    Fairhope Acreage: Build Your Dream
    $1,100,000
    15.80 Acres

    Fairhope Acreage: Build Your Dream

    15.8 acres in Fairhope, Alabama, with access from three roads.

    County Road 32, Fairhope, AL 36532
    View details
    Residential Lot in Eight Mile
    Contact for pricing
    0.42 Acres

    Residential Lot in Eight Mile

    Residential lot in established neighborhood, ready for new home.

    Richard Ln, Eight Mile, AL 36613
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    Residential Lot in Axis, AL
    Contact for pricing
    0.51 Acres

    Residential Lot in Axis, AL

    0.51-acre level lot, perfect for building a home.

    Timber Creek Ct, Axis, AL 36505
    View details
    Established Bar/Lounge Turnkey Opportunity
    $189,000
    3,328 SF

    Established Bar/Lounge Turnkey Opportunity

    Well-established bar/lounge with furniture, fixtures, and equipment included.

    17765 Highway 43, Mount Vernon, AL 36560
    View details
    Chunchula Acreage: Development or Retreat
    $225,000
    30.83 Acres

    Chunchula Acreage: Development or Retreat

    30+ acres in Chunchula, AL, ideal for development/retreat.

    Henry Davis Rd, Chunchula, AL 36521
    View details
    Large Acreage in Florala, Alabama
    Contact for pricing

    Large Acreage in Florala, Alabama

    Acreage for building, hunting, and recreation near Florala.

    Circle R Farm Dr, Florala, AL 36442
    View details
    Established Bar/Lounge Opportunity
    $189,000
    3,328 SF

    Established Bar/Lounge Opportunity

    Turnkey bar/lounge with equipment included, operating for over 30 years.

    17765 Us 43 Hwy, Mount Vernon, AL
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    Commercial Land in Growing Area
    $99,000

    Commercial Land in Growing Area

    Large commercial land parcel in a fast-growing, high-traffic area.

    2742 Dawes Ct, Mobile, AL 36695
    View details
    Prime Commercial Property For Sale
    $425,000

    Prime Commercial Property For Sale

    2.28 +/- acre commercial property with high visibility.

    6125 Spice Pond Rd, Eight Mile, AL
    View details
    Commercial Land on Cottage Hill
    $699,000

    Commercial Land on Cottage Hill

    1.88 acre commercial land with high traffic frontage.

    6600 Cottage Hill Rd, Mobile, AL 36695
    View details
    Prime Highway Acreage Opportunity
    $220,000

    Prime Highway Acreage Opportunity

    6+ acres on a major highway, ideal for business.

    9600 Moffett Rd, Semmes, AL 36575
    View details
    Commercial Opportunity in Chunchula, AL
    $119,000

    Commercial Opportunity in Chunchula, AL

    Versatile commercial property suitable for various business ventures.

    10625 Lott Rd, Chunchula, AL 36521
    View details
    Professional Building in Prime Location
    $570,000

    Professional Building in Prime Location

    Located in a well-known professional area, great investment opportunity.

    6417 Hillcrest Park Ct, Mobile, AL 36695
    View details
    Established Bar/Lounge Opportunity
    $189,000

    Established Bar/Lounge Opportunity

    Turnkey bar/lounge with furniture, fixtures, and equipment included.

    17765 Highway 43, Mount Vernon, AL 36560
    View details
    Land in Growing Semmes Area
    $160,000

    Land in Growing Semmes Area

    Nearly 9 acres with road access and two septic systems.

    3400 Whitestone Dr, Semmes, AL 36575
    View details
    Versatile Commercial Space in Mobile
    $120,140

    Versatile Commercial Space in Mobile

    1,576 sq ft commercial space ideal for office or retail.

    4917 Overlook Rd, Mobile, AL 36618
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Keller Williams Realty Mobile
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