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    3100 Cottage Hill Road Mobile, AL 36606

    Source: https://www.saltercompany.com
    For Sale
    $399,000

    Prime Mobile location, near Bel Air Mall & I-65. Ideal for medical, office, or other uses.

    Property size:
    108,900 SF

    Description

    Added:
    Feb 5, 2025
    Days on Market:
    305
    This exceptional 2.5-acre development site presents a compelling investment opportunity in Mobile, Alabama. Strategically located adjacent to Bel Air Mall and the Target Shopping Center, this property enjoys unparalleled visibility and accessibility. Its proximity to Interstate 65 and Airport Boulevard ensures convenient access for employees and clients, while downtown Mobile is only a 10-minute drive away. The site's zoning allows for a diverse range of commercial developments, making it suitable for a doctor's office, medical clinic, office park, assisted living facility, fitness center, or daycare/school. The area's strong demographics and established retail presence create a robust market for these types of businesses. Furthermore, this location qualifies for EB-5 Investment Projects, as indicated by TEA maps. A smaller, adjacent 0.31-acre triangular lot, fronting International Drive near retail establishments, is also available for purchase separately. This presents a unique opportunity to acquire a larger contiguous parcel for a significant development project. The property's size and location make it an exceptional investment for developers seeking a high-impact commercial project in a thriving Mobile area.

    Property Features for 3100 Cottage Hill Road

    General Information

    Property type
    Other land
    Square Feet
    108,900 SF
    Price / Square Foot
    $3
    Elevators
    N/A
    Lot Size
    108,900 SF

    HighLights

    • Prime 2.5‑acre site ideal for medical or office development.
    • Exceptional location near Bel Air Mall and I‑65, offering high visibility.
    • Ten‑minute proximity to downtown Mobile and Mobile Airport.
    Insight Report Location Intelligence

    Current Use by Public Records

    3100 Cottage Hill ... Shopping Mall Floretta P. Carson ... Public Educational Institution Loan Till Payday ... Loan Agency Maverick Technologies Business Management Consultant Gardner Landscaping Lawn Care Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -87.898267
    Latitude
    30.608116

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    FAQs

    What type of property is this?
    Land - Prime Mobile location, near Bel Air Mall & I-65. Ideal for medical, office, or other uses.
    Where is this land located?
    The property is located at 3100 Cottage Hill Road Mobile, AL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Prime 2.5-acre site ideal for medical or office development.; Exceptional location near Bel Air Mall and I-65, offering high visibility.; Ten-minute proximity to downtown Mobile and Mobile Airport.
    (850) 564-0120
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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
    3100 Cottage Hill Road Mobile, AL 36606
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