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    1502 Duval St Mobile, AL 36605

    For Sale
    $65,000

    Two adjoining lots near major redevelopment, ideal for investment.

    Lot size:
    0.32 Acres

    Property Features for 1502 Duval St

    General Information

    Interior features
    1, : "Cable Ready"
    Exterior features
    1, : "Cable Available", "2": "Electricity Available", "3": "Natural Gas Available", "4": "Phone Available", "5": "Sewer Available", "6": "Water Available"
    Lot size
    0.32 Acres

    Source: Better Homes & Gardens RE Platinum Properties Agent Better Homes & Gardens RE Platinum Properties

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lots in Revitalizing Area

    This offering features two adjoining lots situated at the corner of Michigan Avenue and Duval Street. The property benefits from a highly visible corner location, presenting a prime opportunity for investment. The lots are located just blocks from the R.V. Taylor Plaza site, where a major redevelopment is underway. A significant portion of the land has been acquired by the Mobile Airport Authority for expansion and future commercial use. The Mobile Housing Authority also plans to partner with developers on approximately 193 new affordable housing units. This ongoing transformation positions the surrounding neighborhood for significant growth and revitalization in the coming years. The property is conveniently located near employment centers, downtown Mobile, shopping, schools, and medical facilities, offering both immediate potential and long-term value. These corner lots provide a chance to be part of an area of future development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Pharmacy Auto Repair Shop Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.072603
    Latitude
    30.6616855

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    FAQs

    What type of property is this?
    Land - Two adjoining lots near major redevelopment, ideal for investment.
    Where is this land located?
    The property is located at 1502 Duval St Mobile, AL.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - Prime corner location at Michigan Avenue and Duval Street.; - Adjoining lots offer development flexibility.; - Close proximity to the R.V. Taylor Plaza redevelopment site.
    Request Owner's contact information
    1502 Duval St Mobile, AL 36605
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    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
    1502 Duval St Mobile, AL 36605
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