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    Halls Ml Rd & Mcvay Dr Mobile, AL 36606

    For Sale
    $65,000

    Prime Mobile, AL commercial lot, 63,759 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 63,759 square foot commercial lot, located at the intersection of Halls Mill Road and McVay Drive in Mobile, Alabama (zip code 36606), presents a unique investment opportunity. The property, identified by APN R02-29-09-51-0--010-093.008, is currently vacant and zoned B-3, offering considerable potential for various commercial developments. Priced at $65,000, or $1.02 per square foot, this land represents an attractive entry point into the Mobile commercial real estate market. Its strategic location within an established office park suggests suitability for office-related ventures. The sale terms require a cash transaction. This property is ideal for developers or investors seeking a well-positioned parcel in a thriving area of Mobile County, Alabama. Serious inquiries are encouraged to explore the possibilities of this promising commercial land offering. The property is easily accessible and benefits from its proximity to key transportation routes and amenities. This is a rare opportunity to acquire a sizable commercial lot in a desirable location at a competitive price.

    Property Features for 0 Halls Ml Rd & Mcvay Dr

    General Information

    Property type
    Land

    HighLights

    • Listing ID: 30011139
    • Status: Active
    • Vacant Land: 63,759 SF for sale
    • Potential Office Development
    • Asking Price: $65,000
    • Price Per Square Foot: $1.02
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.111086
    Latitude
    30.648382

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    FAQs

    What type of property is this?
    Land - Prime Mobile, AL commercial lot, 63,759 sq ft.
    Where is this land located?
    The property is located at Halls Ml Rd & Mcvay Dr Mobile, AL.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: Listing ID: 30011139; Status: Active; Vacant Land: 63,759 SF for sale
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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
    Halls Ml Rd & Mcvay Dr Mobile, AL 36606
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