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    2781 Government Blvd Mobile, AL 36606

    For Sale
    $895,000

    Mobile, AL: Prime 1-acre lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.03-acre commercial land parcel is ideally situated at the signalized intersection of Government Boulevard and Pleasant Valley Road in Mobile, Alabama. Zoned B-2 Neighborhood Business, this property boasts a prime location on a major corridor with over 25,000 vehicles passing daily. The site, previously a convenience store, presents a multitude of development opportunities, including but not limited to: convenience stores, car washes, auto repair shops, banks, restaurants, bars, clinics, retail stores, and pharmacies. Its strategic location offers easy access to Interstate 65 (within one mile) and the Mobile Central Business District (under four miles). Government Boulevard sees 18,000 vehicles daily, while Pleasant Valley Road registers 12,000. The property benefits from a substantial potential customer base, with over 150,000 people residing within a five-mile radius and a median income exceeding $33,000. The asking price is $895,000, translating to $19.83 per square foot. This fee simple ownership opportunity is a compelling investment for discerning business owners seeking high visibility and significant traffic volume. The property's APN is 29 09 51 0 003 008.XXX. Don't miss this chance to acquire a highly desirable commercial property in a thriving Mobile location.

    Property Features for 2781 Government Blvd

    General Information

    Property type
    Land
    Lot Size
    44,867 SF

    HighLights

    • 1.03‑acre parcel
    • High‑visibility hard corner lot at a signalized intersection
    • B‑2 zoning
    • Daily traffic count exceeding 25,000 vehicles
    Property Profile Insight Report 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
    -88.107501370603
    Latitude
    30.662042288446

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    FAQs

    What type of property is this?
    Land - Mobile, AL: Prime 1-acre lot, high traffic.
    Where is this land located?
    The property is located at 2781 Government Blvd Mobile, AL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: 1.03-acre parcel; High-visibility hard corner lot at a signalized intersection; B-2 zoning
    Request Owner's contact information
    2781 Government Blvd 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
    2781 Government Blvd Mobile, AL 36606
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