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    1576 Navco Rd Mobile, AL 36605

    Source: https://www.saltercompany.com
    For Sale
    $193,750

    Prime 15.5-acre Mobile, AL tract. High development potential.

    Property size:
    675,180 SF

    Description

    Added:
    Feb 21, 2025
    Days on Market:
    291
    This exceptional 15.5-acre parcel, situated at 1576 Navco Road in Mobile, Alabama, presents a compelling investment opportunity. Conveniently located just north of the I-10 overpass, this property boasts excellent visibility and accessibility. The land offers significant potential for a variety of uses, including residential development such as apartments or townhouses. Alternatively, the property could be rezoned for commercial purposes, catering to a wide range of businesses. The existing structure on the property, an older home, could be renovated or removed to suit the chosen development plan. The expansive lot size provides ample space for a substantial project, making it an attractive proposition for developers and investors seeking a prime location in a growing area. The property's address is 1576 Navco Rd, Mobile, AL 36605. The asking price is $193,750. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a significant land holding in a desirable location with high development potential. Don't miss out on this chance to secure a valuable asset in Mobile, Alabama.

    Property Features for 1576 Navco Rd

    General Information

    Property type
    Other land
    Square Feet
    675,180 SF
    Price / Square Foot
    $0.29
    Elevators
    N/A
    Lot Size
    675,180 SF

    HighLights

    • Prime 15.5‑acre Mobile, AL land, ideal for diverse development opportunities.
    • Convenient Navco Road location, just north of I‑10 overpass for easy access.
    • Includes existing home, offering potential for renovation or redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Accounting Firm

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

    Location Insight

    City
    Mobile
    State
    Alabama

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    FAQs

    What type of property is this?
    Land - Prime 15.5-acre Mobile, AL tract. High development potential.
    Where is this land located?
    The property is located at 1576 Navco Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $193,750.
    What are key features of this property?
    This property features: Prime 15.5-acre Mobile, AL land, ideal for diverse development opportunities.; Convenient Navco Road location, just north of I-10 overpass for easy access.; Includes existing home, offering potential for renovation or redevelopment.
    (251) 471-1000
    Request Owner's contact information
    1576 Navco Rd Mobile, AL 36605
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    1576 Navco Rd
    Mobile, AL 36605
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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
    1576 Navco Rd Mobile, AL 36605
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