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    701 Bill Myles Dr Saraland, AL 36571

    Source: https://www.saltercompany.com
    For Lease
    $3,000 /Mo

    6.9-acre industrial lot, prime location.

    Lot size:
    300,564 SF

    Description

    Added:
    Mar 20, 2025
    Days on Market:
    270
    This exceptional 6.9-acre industrial yard is available for lease in Saraland, Alabama, offering a unique opportunity for businesses seeking a strategic location. Situated in the Mobile River Industrial Park, this property boasts convenient access to US Highway 43 and is only 10 miles from the Port of Mobile, providing seamless transportation links. The lot is zoned M-1 for Light Industrial use, making it ideal for various applications, including lay-down yards and container storage. With a total usable area of 300,564 square feet, this is the last remaining lot available within this sought-after industrial park. The lease is a NNN (Net, Net, Net) agreement, with a monthly rate of $3,000 per acre. This translates to a substantial area for businesses requiring ample space for operations and storage, offering significant potential for growth and efficiency. The property's proximity to major transportation routes and the Port of Mobile ensures easy access to regional and international markets, making it an attractive option for companies seeking a strategic advantage in their supply chain. Don't miss this opportunity to secure this exceptional industrial property.

    Property Features for 701 Bill Myles Dr

    General Information

    Property type
    Other land
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    300,564 SF
    USF (Usable sq. ft)
    300,564 SF
    Elevators
    N/A
    Total Rate
    3000

    HighLights

    • Last remaining lot in Mobile River Industrial Park.
    • 6.9 acres of M‑1 zoned land ideal for container yards.
    • Conveniently located off US Hwy 43, 10 miles from the Port of Mobile.
    Insight Report Location Intelligence

    Current Use by Public Records

    Magnetech Industrial Services ... Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Saraland
    State
    Alabama
    Longitude
    -88.061556
    Latitude
    30.802368

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    FAQs

    What type of property is this?
    Land - 6.9-acre industrial lot, prime location.
    Where is this land located?
    The property is located at 701 Bill Myles Dr Saraland, AL.
    What is the lease rate?
    The lease rate is $0.12 SF/Yr.
    What are key features of this property?
    This property features: Last remaining lot in Mobile River Industrial Park.; 6.9 acres of M-1 zoned land ideal for container yards.; Conveniently located off US Hwy 43, 10 miles from the Port of Mobile.
    (251) 438-4312
    Request Owner's contact information
    701 Bill Myles Dr Saraland, AL 36571
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    Saraland, AL 36571
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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
    701 Bill Myles Dr Saraland, AL 36571
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