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Prime Development Land on Grelot
For Sale
$294,900

7131 Grelot Rd, Mobile, AL 36695

+-83,000 SF Land For Sale - Grelot Lot

Property Size83,276 SF
Lot Size1.91 Acres
Price / SF$3.54
Days on Market604

Property Features for 7131 Grelot Rd

General Information

Standard status Active
Property type Other land, Commercial land, Residential land & home lots, Land
Size 83,276 SF
Elevators N/A
Lot size 1.91 Acres
Listed By: Paul Salter
Added: Feb 20, 2025 Changed: Mar 16
Rey
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Investment Insights

Based on property information with market context.

This 1.91-acre parcel, totaling approximately 83,000 square feet, presents a development opportunity on Grelot Road in Mobile, Alabama. The property is priced at $294,900, which translates to approximately $154,769 per acre. The location offers growth potential, making it suitable for a variety of uses. Zoning allows for flexibility within county regulations, accommodating commercial, retail, or residential projects. Its size and accessibility offer advantages for businesses or developers seeking to establish a presence in this area. The land's location ensures visibility and accessibility, contributing to its investment value. This property is located at 7131 Grelot Rd, Mobile, AL 36695.

Property Analytics

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Current Use

Land

Suggested Use

Top Pick Law Firm Restaurant Dental Office Hair Salon Spa & Massage Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 36695, AL

51,174
Population
21,269
Households
2.4
Avg Household Size
38
Median Age
34%
College-Educated
95%
High-School Grad
45.6 sq mi
ZIP Area
1,122
Density / Sq Mi
$75,236
Median Household Income
$47,614
Median Earnings
$1,192
Median Rent
$234,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - +-83,000 SF Land For Sale - Grelot Lot
Where is this land located?
The property is located at 7131 Grelot Rd Mobile, AL.
What is the asking price?
The asking price for this property is $294,900.
More about this property
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