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    Hillcrest Rd Mobile, AL 36695

    For Sale
    $550,000

    1.45 Acres, High Traffic, B-3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.45-acre commercial land parcel presents a compelling investment opportunity in Mobile, Alabama. Strategically located near the intersection of Grelot Road and Hillcrest Road, this property offers excellent visibility and accessibility. The lot boasts significant frontage on Hillcrest Road, ensuring high exposure to the substantial daily traffic volume of nearly 50,000 vehicles. The property's location within a 5-mile radius encompassing a population of 140,000 residents further underscores its market potential. The B-3 community business zoning allows for a variety of commercial development options, including retail, office, multifamily, or self-storage facilities. This area is characterized by a high-income demographic and a predominance of similar commercial properties, indicating strong market demand. Convenient ingress and egress points add to the property's appeal, making it an ideal site for a wide range of commercial ventures. The asking price for this prime commercial land is $550,000. This is a for sale by owner listing.

    Property Features for 0 Hillcrest Rd

    General Information

    Property type
    Land
    Lot Size
    63,162 SF

    HighLights

    • $550,000 asking price.
    • 1.45‑1.5 acre commercial land parcel.
    • B‑3 zoning.
    • Located in Mobile, AL, near Grelot Rd and Hillcrest Rd, offering excellent road frontage.
    • High traffic count and large population within a 5‑mile radius.
    • For sale by owner; broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.190123
    Latitude
    30.658022

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    FAQs

    What type of property is this?
    Land - 1.45 Acres, High Traffic, B-3 Zoning
    Where is this land located?
    The property is located at Hillcrest Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price.; 1.45-1.5 acre commercial land parcel.; B-3 zoning.
    (251) 544-5484
    Request Owner's contact information
    Hillcrest 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
    Hillcrest Rd Mobile, AL 36695
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