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    Airway Park Drive Mobile, AL 36608

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    Contact for pricing

    Prime 1.66-acre commercial lot in Mobile, AL

    Property size:
    72,336 SF

    Description

    Added:
    Feb 5, 2025
    Days on Market:
    336
    This exceptional 1.66-acre (72,336 square feet) commercial land parcel presents a compelling investment opportunity in Mobile, Alabama. Strategically located on Airway Park Drive and situated within a designated Opportunity Zone (AL Mobile), this property offers significant tax advantages for investors. The B-3 zoning allows for a wide range of commercial development options, including retail, office, or mixed-use projects. The site boasts convenient access to essential utilities, including sanitary sewer and water, streamlining the construction process. Its prime location within Mobile ensures excellent connectivity and accessibility, making it an attractive proposition for businesses seeking to establish a presence or expand their operations. This versatile land offers developers and business owners a chance to capitalize on a high-growth area and benefit from the numerous advantages of an Opportunity Zone investment. The substantial lot size provides ample space for ambitious development plans, catering to a variety of commercial ventures. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Mobile, Alabama market.

    Property Features for Airway Park Drive

    General Information

    Property type
    Other land
    Square Feet
    72,336 SF
    Elevators
    N/A
    Lot Size
    72,310 SF

    HighLights

    • 1.66 acres of buildable land in Mobile, AL, ideal for diverse commercial development.
    • Located in a federally designated Opportunity Zone, offering potential tax advantages.
    • B‑3 zoning allows for retail, office, or mixed‑use projects; sewer and water access available.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Mobile
    State
    Alabama
    Longitude
    -88.045008
    Latitude
    30.697817

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    FAQs

    What type of property is this?
    Land - Prime 1.66-acre commercial lot in Mobile, AL
    Where is this land located?
    The property is located at Airway Park Drive Mobile, AL.
    What are key features of this property?
    This property features: 1.66 acres of buildable land in Mobile, AL, ideal for diverse commercial development.; Located in a federally designated Opportunity Zone, offering potential tax advantages.; B-3 zoning allows for retail, office, or mixed-use projects; sewer and water access available.
    (850) 564-0120
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    Airway Park Drive Mobile, AL 36608
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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
    Airway Park Drive Mobile, AL 36608
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