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Cleared Flex Land with Portable Building

6768 Gaywood Drive Mobile, AL 36605

New
6768 Gaywood Drive, Mobile, AL, 36605
$50,000
For Sale
$50,000

LAND - Mobile, AL

Property Size560 SF
Lot Size0.45 Acres
Price / SF$89.29
Days on Market3

Property Features for 6768 Gaywood Drive

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
390101000403702
Lot size
0.45 Acres

Taxes and HOA fees

Tax Annual Amount
116

Utilities

Utilities
Electricity Available

Building Details

Additional Structures
Outbuilding
Listing Agency Bellator Real Estate LLC Mobile
Spanish Fort, AL
Listed by Jared Giddens · License #88516
Added: Jul 15 Checked: Jul 17 at 4:06 am
MLS# 7805558 Listing URL

Copyright © 2026 Mobile Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This cleared property in Mobile, Alabama includes a 2024 portable building measuring 14' x 40'. The interior is unfinished, giving a blank interior for a workshop, office, storage, or other customized use, subject to applicable approvals. The building is supported by recent improvements, including a new well with pump house, a new gravel driveway, and a new HVAC system.

The site is ready for a buyer’s finishing touches, with utilities addressed through the new well and HVAC and an accessible gravel driveway in place.

All information should be verified by the buyer during due diligence.

Key Highlights

  • 14' x 40' portable building (2024) included, with unfinished interior for customization
  • New well with pump house on the property
  • New gravel driveway

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $4.7k $8.40
− Vacancy −$376 −$0.67
EGI $4.3k $7.73
− OpEx −$1.5k −$2.70
NOI $2.8k $5.02
560 SF · lease $8.40/SF/yr · vacancy 8.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$40.2K
$35.2K – $46.9K (±1% cap)
NOI $2,813 @ 7.0% cap · market cap 5.63%
Second Best
Industrial
$37.6K
$32.9K – $43.8K (±1% cap)
NOI $2,630 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$142.3K
$124.5K – $166.1K (±1% cap)
NOI $9,963 @ 7.0% cap · market cap 19.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Law Firm HVAC Service Electrical Service Plumbing Service Big Box & Wholesale Store Grocery & Convenience Store Furniture & Home Goods Restaurant Auto Repair Shop

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

FAQs

What type of property is this?
Flex space - Cleared property in Mobile, AL with a 2024 portable building, new well, gravel driveway, and HVAC for customization.
Where is this flex space located?
The property is located at 6768 Gaywood Drive Mobile, AL.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: 14' x 40' portable building (2024) included, with unfinished interior for customization; New well with pump house on the property; New gravel driveway
Contact an agent
More about this property
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