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    4403 Government St Mobile, AL 36606

    For Sale
    $125,000

    Prime Mobile, AL Residential Lot - $125K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.22-acre lot, located at 4403 Government Street in Mobile, Alabama, presents a fantastic opportunity for residential development. Zoned R-1 Residential, this property offers significant potential for building a single-family home in a well-established neighborhood. The asking price is $125,000, making it an attractive investment in the Mobile real estate market. The property's address is conveniently situated at 4403 Government Street, Mobile, AL 36606, with GPS coordinates of 30.6725308 latitude and -88.0991226 longitude. Situated within Mobile County, this lot provides easy access to local amenities, schools, and transportation routes. The R-1 zoning designation ensures compliance with residential building codes and regulations, simplifying the development process. This is an ideal opportunity for builders, investors, or individuals seeking to construct their dream home in a desirable Mobile location. The land itself is ready for development, offering a blank canvas for a new residential project. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is being offered at a competitive price, reflecting its potential value and desirability within the Mobile residential market. Don't miss out on this chance to acquire a prime piece of land in a thriving Alabama community.

    Property Features for 4403 Government St

    General Information

    Property type
    Land

    HighLights

    • 0.22‑acre residential lot in Mobile, AL.
    • $125,000 asking price.
    • R‑1 residential zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency 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
    -88.0991226
    Latitude
    30.6725308

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    FAQs

    What type of property is this?
    Land - Prime Mobile, AL Residential Lot - $125K
    Where is this land located?
    The property is located at 4403 Government St Mobile, AL.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: 0.22-acre residential lot in Mobile, AL.; $125,000 asking price.; R-1 residential zoning.
    (251) 432-2600
    Request Owner's contact information
    4403 Government St Mobile, AL 36606
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    Mobile, AL 36606
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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
    4403 Government St Mobile, AL 36606
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