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    2316 Leroy Stevens Rd Mobile, AL 36695

    For Sale
    $1,800,000

    Mixed Use - Mobile, AL

    Type:Mixed Use
    Lot size:
    13.40 Acres
    Days on Market:
    326
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 2316 Leroy Stevens Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    R3
    APN
    3401012000007
    Parking features
    None
    Lot size
    13.40 Acres

    Building Details

    Year built
    1971
    Floors in Building
    1
    Architectural style
    Other

    Ty Irby Realty (251) 689-8832 [email protected]

    Listing agent Cynthia Byrd (251) 649-1000

    Listing date Jan 14, 2025

    MLS# 7503794 Listing URL

    Copyright © 2025 Gulf Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Approved for Assisted Living

    This 13.4+- acre parcel, zoned for Multi-Family (R-3), is pre-approved for a 230-unit assisted living complex, including a 30-bed memory care facility. The property currently features a brick and vinyl construction home with an attached three-car garage and a pool. While the house and its amenities are included, the primary value lies in the land. Public water and sewer service are available through MAWSS. Located in Mobile, AL, this property presents various possibilities for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.23540185
    Latitude
    30.64310998

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    FAQs

    What type of property is this?
    Residential land & home lot - 13.4+ acre parcel pre-approved for 230-unit assisted living complex.
    Where is this residential land & home lot located?
    The property is located at 2316 Leroy Stevens Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Pre-approved for a 230-unit assisted living complex with a 30-bed memory care facility.; - Multi-Family (R-3) Zoning allows for diverse development possibilities.; - Large 13.4+ acre parcel offers substantial development potential.
    (251) 649-1000
    Request Owner's contact information
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    Mobile, AL 36695
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    Realmo Value Estimation

    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.

    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.

    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
    2316 Leroy Stevens Rd Mobile, AL 36695
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