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    6991 peary road Theodore, AL 36582

    Source: https://www.saltercompany.com
    For Sale
    $849,500

    16.5 Acres, Rail Access, B3 Zoning

    Property size:
    718,740 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    297
    This exceptional 16.5-acre industrial site in Theodore, Alabama, presents a unique investment opportunity. Boasting excellent visibility at the corner of Bellingrath Road and Peary Road, the property benefits from direct CSX rail frontage, ensuring seamless logistics. Zoned B3, this site is ideally suited for diverse development projects. Its strategic location offers unparalleled access to major transportation arteries, including Interstate 10 (Exit 15) and Highway 90, placing it within easy reach of the Port of Mobile and the region's thriving manufacturing and distribution hubs. The property is only two miles from I-10 Exit 15, providing convenient access to a major interstate. All utilities are available on-site, simplifying development plans. The site is situated in a rapidly expanding area, surrounded by light industrial businesses and commercial enterprises, indicating strong potential for future growth and appreciation. The availability of adjacent land offers further expansion possibilities. This is a rare opportunity to acquire a well-positioned, fully-serviced industrial site with significant development potential in a high-growth area. Contact us today to learn more.

    Property Features for 6991 peary road

    General Information

    Property type
    Other land
    Square Feet
    718,740 SF
    Price / Square Foot
    $1.18
    Elevators
    N/A
    Lot Size
    718,740 SF

    HighLights

    • Prime 16.5‑acre industrial site in Theodore, AL, offering excellent visibility and rail access.
    • Strategic location near I‑10, Highway 90, and the Port of Mobile, boosting distribution potential.
    • B3 zoning, all utilities available, and perfect for immediate development in a thriving area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

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

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

    Location Insight

    City
    Theodore
    State
    Alabama

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    FAQs

    What type of property is this?
    Land - 16.5 Acres, Rail Access, B3 Zoning
    Where is this land located?
    The property is located at 6991 peary road Theodore, AL.
    What is the asking price?
    The asking price for this property is $849,500.
    What are key features of this property?
    This property features: Prime 16.5-acre industrial site in Theodore, AL, offering excellent visibility and rail access.; Strategic location near I-10, Highway 90, and the Port of Mobile, boosting distribution potential.; B3 zoning, all utilities available, and perfect for immediate development in a thriving area.
    (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
    6991 peary road Theodore, AL 36582
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