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    0 lott road Eight Mile, AL 36613

    Source: https://www.saltercompany.com
    For Sale
    $274,900

    High-visibility lot, ideal for development.

    Property size:
    34,325 SF

    Description

    Added:
    Feb 22, 2025
    Days on Market:
    293
    This exceptional 0.79-acre commercial lot is strategically located at the intersection of New Highway 158 and Lott Road in Eight Mile, Alabama, zip code 36613. Its high-traffic location ensures excellent visibility and accessibility, making it perfect for a diverse range of commercial ventures. The property presents a significant opportunity for retail, office, or other commercial development in a rapidly growing area with strong investment potential. Priced at $274,900, this equates to approximately $352,436 per acre. This prime parcel offers substantial potential for investors seeking a high-impact location in a thriving market. The land is zoned for commercial use (zoning information should be independently verified). Serious inquiries are encouraged to explore this exceptional investment opportunity. The property is situated in Mobile County, Alabama. Further details are available upon request.

    Property Features for 0 lott road

    General Information

    Property type
    Other land
    Square Feet
    34,325 SF
    Price / Square Foot
    $8
    Elevators
    N/A
    Lot Size
    34,412 SF

    HighLights

    • 0.79‑acre commercial lot in Eight Mile, Alabama, priced at $274,900.
    • High‑visibility location at the intersection of New Hwy 158 and Lott Road.
    • Excellent accessibility and exposure for diverse commercial development opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Eight Mile
    State
    Alabama

    Nearby Similar for Sale

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      Eight Mile Office/Warehouse For Sale

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    FAQs

    What type of property is this?
    Land - High-visibility lot, ideal for development.
    Where is this land located?
    The property is located at 0 lott road Eight Mile, AL.
    What is the asking price?
    The asking price for this property is $274,900.
    What are key features of this property?
    This property features: 0.79-acre commercial lot in Eight Mile, Alabama, priced at $274,900.; High-visibility location at the intersection of New Hwy 158 and Lott Road.; Excellent accessibility and exposure for diverse commercial development opportunities.
    (251) 649-1000
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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
    0 lott road Eight Mile, AL 36613
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