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    1300 N university boulevard Mobile, AL 36618

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $295,000

    Prime Mobile, AL commercial land near Walmart. High traffic location.

    Property size:
    64,430 SF

    Description

    Added:
    Feb 18, 2025
    Days on Market:
    322
    This exceptional 1.47-acre commercial land offering presents a unique investment opportunity in Mobile, Alabama. Located on North University Boulevard, these outparcels are situated adjacent to a Walmart Neighborhood Market and benefit from the high traffic volume of this established retail corridor. The property boasts considerable frontage on North University Boulevard, experiencing over 18,000 vehicles per day (VPD) in 2023, according to ALDOT and the City of Mobile. This high visibility ensures excellent exposure for any future development. The parcels are zoned B2 (Neighborhood Business), providing flexibility for a variety of commercial uses. Surrounding businesses include a diverse mix of established retailers and restaurants, such as Mod Wash, Meineke, Auto Zone, Walgreens, Dollar Tree, KFC, Godfather's Pizza, and McDonald's, creating a strong and synergistic retail environment. The asking price for this motivated seller's offering is $295,000. This represents a compelling opportunity to acquire prime commercial real estate in a high-traffic, well-established location. Don't miss this chance to secure a valuable asset in a thriving Mobile, AL market. The property is located in Mobile County, Alabama, with a zip code of 36618.

    Property Features for 1300 N university boulevard

    General Information

    Property type
    Other land
    Square Feet
    64,430 SF
    Price / Square Foot
    $4
    Elevators
    N/A
    Lot Size
    64,469 SF

    HighLights

    • 1.47 acres of commercial land available for sale in Mobile, Alabama, near a Walmart Neighborhood Market.
    • High‑traffic location on North University Boulevard, boasting over 18,000 vehicles per day.
    • Zoned B2 (Neighborhood Business), offering diverse development opportunities near established businesses.
    Location Intelligence

    Current Use by Public Records

    Walmart House Cleaning ... House Cleaning Service Walmart Home Services Home Help Service Agency Walmart Patio & Garden ... Landscaper Walmart Baby & Nursery ... Family Service Center Walmart Home Theater ... Home Cinema Installation

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.163697
    Latitude
    30.717156

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    FAQs

    What type of property is this?
    Land - Prime Mobile, AL commercial land near Walmart. High traffic location.
    Where is this land located?
    The property is located at 1300 N university boulevard Mobile, AL.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: 1.47 acres of commercial land available for sale in Mobile, Alabama, near a Walmart Neighborhood Market.; High-traffic location on North University Boulevard, boasting over 18,000 vehicles per day.; Zoned B2 (Neighborhood Business), offering diverse development opportunities near established businesses.
    (251) 344-1444
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    1300 N university boulevard Mobile, AL 36618
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    Mobile, AL 36618
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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
    1300 N university boulevard Mobile, AL 36618
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