Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1479 Navco Rd Mobile, AL 36605

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $100,000

    Prime 1.34-Acre Commercial Lot

    Property Features for 1479 Navco Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    58,370 SF

    We can help!

    Listing Contact
    Terry Shelburne
    Terry Shelburne

    Listing Agency: EXIT Realty Promise Listing Agent: Terry Shelburne

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 1.34-acre commercial lot in Mobile, Alabama, presents a unique investment opportunity. Located at 1479 Navco Road, this property boasts 130 feet of road frontage and 100 feet of waterfront access on Bolton Branch, a tributary of the Dog River. Its strategic location near the Navco/McVay Dr. N. intersection offers high visibility and convenient access for potential businesses. The versatility of this B-2 zoned lot allows for a wide range of commercial uses, including but not limited to: beauty salons, barbershops, auto repair shops, convenience stores, hardware stores, gas stations, Airbnbs, restaurants, and bait shops. The possibilities are truly endless, making this an ideal site for entrepreneurs seeking a high-traffic location with unique waterfront appeal. The property's size and location provide ample space for development and expansion. This is a rare opportunity to acquire a prime commercial lot with significant waterfront access in a desirable Mobile location. Owner financing is available, making this an even more attractive proposition for qualified buyers. Serious inquiries are encouraged. All information should be independently verified by the buyer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Kitchen & Bath Showroom Auto Repair Shop Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile - AL
    State
    Alabama
    Longitude
    -88.1032
    Latitude
    30.64306

    Nearby Similar for Sale

    • $415,000
      1,350 SF

      Updated Commercial Building with Metal Building

      Versatile commercial building with offices, conference room, and metal building.
      7970 Tanner Williams Rd, Mobile, AL 36608
      View Details
    • $875,000
      6,300 SF

      Updated Office Building For Sale

      6300 SF office building with updates and flexible occupancy.
      1142 Montlimar Dr, Mobile, AL 36609
      View Details
    • $899,900
      5,409 SF

      Freestanding Medical Office on Hillcrest

      Medical office building on high-traffic Hillcrest Road.
      1605 Hillcrest Rd, Mobile, AL 36695
      View Details
    • $725,000
      7,500 SF

      Updated Office Complex in Mobile

      Income-producing office complex in desirable West Mobile commercial corridor.
      1100 Hillcrest Rd, Mobile, AL 36695
      View Details
    • $900,000
      6,540 SF

      Hillcrest Road Commercial Opportunity

      Commercial property on Hillcrest Road suitable for business or medical offices.
      1565 Hillcrest Rd, Mobile, AL 36695
      View Details
    • $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
    • $499,000
      2,208 SF

      Updated Commercial Office Building

      Versatile commercial office space in Midtown Mobile.
      1962 Spring Hill Ave, Mobile, AL 36607
      View Details
    • $435,000
      4,800 SF

      Theodore Automotive Shop with Living

      Former automotive shop with living area on a 2.91-acre lot.
      4520 Hamilton Blvd, Theodore, AL 36582
      View Details
    • New
      $600,000
      2,666 SF

      Renovated High-Income Apartment Building

      Six-unit building with short-term and long-term rental income.
      1300 Illinois St, Mobile, AL 36604
      View Details
    • $1,600,000
      13,275 SF

      Office-Warehouse Facility in Theodore, AL

      Well-maintained office-warehouse with office and warehouse space for sale.
      3515 Hurricane Bay Dr, Theodore, AL 36582
      View Details
    • $699,000
      10,343 SF

      Zeigler Schillinger Retail/Office Opportunity

      Retail or office space on Zeigler and Schillinger Roads.
      790 Schillinger Rd N, Mobile, AL 36608
      View Details
    • $325,000
      0.21 Acres

      Turn-Key Commercial Opportunity

      Remodeled commercial property with excellent visibility and parking.
      407 Dauphin Island Pkwy, Mobile, AL 36607
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime 1.34-Acre Commercial Lot
    Where is this commercial real estate located?
    The property is located at 1479 Navco Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $100,000.
    (731) 695-5360
    Request Owner's contact information
    1479 Navco Rd Mobile, AL 36605
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1479 Navco Rd
    Mobile, AL 36605
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1479 Navco Rd Mobile, AL 36605
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Terry Shelburne
    Terry Shelburne
    Real Estate License ID: 127317
    (731) 695-5360 (251) 450-1481 (251) 410-6341
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!