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94 East Drive Mobile, AL 36608

Sponsored
Source: https://www.saltercompany.com
For Sale
$249,000

1.03 Acres, Multi-Family Zoning

Property size:
44,867 SF

Description

Added:
Feb 13, 2025
Days on Market:
335
This exceptional 1.03-acre commercial land parcel presents a unique investment opportunity in Mobile, Alabama. Located at 94 East Drive, this property boasts multi-family zoning, making it ideal for a variety of development projects catering to the growing population. Its strategic location offers convenient proximity to the University of South Alabama, ensuring high demand and potential for strong rental income. The expansive lot size provides ample space for substantial construction, allowing for flexibility in design and building plans. The property's zoning designation allows for the development of multi-family residential units, potentially apartments or townhouses, catering to students, faculty, and the broader community. Furthermore, there's a possibility of acquiring an adjacent one-acre lot, significantly increasing the overall development potential. This presents a rare chance to secure a substantial land holding in a desirable location with excellent growth prospects. The asking price is $249,000. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is zoned for multi-family use and is situated in Mobile County, Alabama, with a zip code of 36608. The lot size is precisely 1.03 acres. This presents a compelling opportunity for developers seeking a prime location near a major university.

Property Features for 94 East Drive

General Information

Property type
Other land
Square Feet
44,867 SF
Price / Square Foot
$5
Elevators
N/A
Lot Size
44,867 SF

HighLights

  • Prime 1.03‑acre Mobile, AL lot, perfect for multi‑family development.
  • Zoned for multi‑family use, near the University of South Alabama.
  • Potential to acquire adjacent 1‑acre lot for expanded development.
Property Profile Location Intelligence

Current Use by Public Records

Land

Suggested Use

Realty agency Law Firm Restaurant 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

City
Mobile
State
Alabama

FAQs

What type of property is this?
Land - 1.03 Acres, Multi-Family Zoning
Where is this land located?
The property is located at 94 East Drive Mobile, AL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Prime 1.03-acre Mobile, AL lot, perfect for multi-family development.; Zoned for multi-family use, near the University of South Alabama.; Potential to acquire adjacent 1-acre lot for expanded development.
More about this property
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