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    5001 Cottage Hill Rd Mobile, AL 36609

    Source: https://www.saltercompany.com
    For Sale
    $549,000

    High-traffic corner lot, ideal for retail or office.

    Property size:
    25,700 SF

    Description

    Added:
    Feb 18, 2025
    Days on Market:
    293
    This prime 0.59-acre commercial lot is situated at the signalized intersection of Cottage Hill Road and North Demetropolis Road. Benefiting from high visibility and traffic counts, this property presents a unique redevelopment opportunity. Located on an outparcel of the Cottage Village Shopping Center, the lot is zoned for a variety of uses, making it suitable for retail strip centers, banks, office buildings, or fast-food restaurants. The property's strategic location ensures excellent accessibility and exposure to a large customer base. An approved two-lot Planned Unit Development (PUD) is in place, including cross-access with an adjacent dry cleaner, streamlining development plans. This presents a significant advantage for potential buyers, reducing the complexities and time associated with obtaining necessary approvals. The asking price is $549,000. This exceptional location and the existing PUD make this an attractive investment opportunity for developers and businesses seeking a high-impact presence in a thriving West Mobile commercial area. The lot size is 0.59 acres.

    Property Features for 5001 Cottage Hill Rd

    General Information

    Property type
    Other land
    Square Feet
    25,700 SF
    Price / Square Foot
    $21
    Elevators
    N/A
    Lot Size
    25,700 SF

    HighLights

    • Highly visible corner lot at a signalized intersection in West Mobile.
    • Approved 2‑lot PUD allows for flexible development options.
    • Ideal for retail, bank, office, or fast‑food establishments near Cottage Village.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Restaurant Law Firm 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

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.158005
    Latitude
    30.648312

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for retail or office.
    Where is this land located?
    The property is located at 5001 Cottage Hill Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: Highly visible corner lot at a signalized intersection in West Mobile.; Approved 2-lot PUD allows for flexible development options.; Ideal for retail, bank, office, or fast-food establishments near Cottage Village.
    (251) 344-1444
    Request Owner's contact information
    5001 Cottage Hill Rd Mobile, AL 36609
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    Mobile, AL 36609
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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
    5001 Cottage Hill Rd Mobile, AL 36609
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