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    5991 Old Pascagoula Road Mobile, AL 36619

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

    10.24 Acres, Sale/Lease, Will Subdivide

    Lot size:
    465,668 SF

    Description

    Added:
    Mar 24, 2025
    Days on Market:
    259
    This exceptional 10.24-acre parcel in Mobile, Alabama, presents a unique investment opportunity. Located at 5991 Old Pascagoula Road, this unzoned property offers flexibility for various commercial and industrial uses, including multi-family development. The land is conveniently situated just one mile from I-10, providing easy access to major transportation routes. Priced at $3,000 per acre monthly for lease or $3-5 per square foot for sale, this cleared and level lot is ready for immediate development. All utilities are readily available, making this site ideal for a range of projects. The seller is willing to subdivide the property to accommodate specific needs. The property is being offered "as-is," or the owner will consider developing the land for lease as outdoor industrial storage. With a total usable area of 465,668 square feet, this expansive site presents significant potential for growth and return on investment. This is a rare opportunity to acquire a large, well-located parcel in a rapidly developing area. Contact us today to learn more about this exceptional property and explore the possibilities.

    Property Features for 5991 Old Pascagoula Road

    General Information

    Property type
    Other land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    465,668 SF
    USF (Usable sq. ft)
    465,668 SF
    Elevators
    N/A
    Total Rate
    3000

    HighLights

    • 10.24 acres available for sale or lease in Mobile, AL.
    • $3,000/acre monthly lease rate; sale price $3‑5/sq ft.
    • Unzoned, suitable for multi‑family development; utilities available; near I‑10.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.180506
    Latitude
    30.582053

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    FAQs

    What type of property is this?
    Land - 10.24 Acres, Sale/Lease, Will Subdivide
    Where is this land located?
    The property is located at 5991 Old Pascagoula Road Mobile, AL.
    What is the lease rate?
    The lease rate is $0.08 SF/Yr.
    What are key features of this property?
    This property features: 10.24 acres available for sale or lease in Mobile, AL.; $3,000/acre monthly lease rate; sale price $3-5/sq ft.; Unzoned, suitable for multi-family development; utilities available; near I-10.
    (251) 438-4312
    Request Owner's contact information
    5991 Old Pascagoula Road Mobile, AL 36619
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    Mobile, AL 36619
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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
    5991 Old Pascagoula Road Mobile, AL 36619
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