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    7930 Old Government Street Rd Mobile, AL 36695

    For Sale
    $257,125

    1.38 Acres, High Visibility, B-3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.38-acre commercial lot presents a remarkable investment opportunity in Mobile, Alabama. Situated at 7930 Old Government Street Road, in the desirable B-3 Community Business District zoning, this property boasts unparalleled visibility and accessibility. Its strategic location in West Mobile places it in close proximity to major retail establishments such as Target and The Shops on Schillinger, ensuring high traffic volume and significant consumer exposure. The expansive lot size offers ample space for a diverse range of commercial developments, making it ideal for medical facilities, office buildings, storage solutions, or support service businesses. The asking price is $257,125. This property's prime location, combined with its flexible zoning and substantial size, presents a unique chance to establish a thriving commercial venture in a rapidly growing area of Mobile County. The address is easily accessible from major roadways, providing convenient access for both employees and customers. This is a rare opportunity to acquire a highly visible and strategically located commercial lot in a thriving market. Don't miss out on this exceptional investment potential. The property is located in Mobile, Alabama, zip code 36695.

    Property Features for 7930 Old Government Street Rd

    General Information

    Property type
    Land
    Lot Size
    60,113 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.228435485928
    Latitude
    30.675714609139

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    FAQs

    What type of property is this?
    Land - 1.38 Acres, High Visibility, B-3 Zoning
    Where is this land located?
    The property is located at 7930 Old Government Street Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $257,125.
    (251) 694-5050
    Request Owner's contact information
    7930 Old Government Street Rd Mobile, AL 36695
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    Mobile, AL 36695
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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
    7930 Old Government Street Rd Mobile, AL 36695
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