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    6101 Grelot Rd Mobile, AL 36609

    For Sale
    $510,000

    1.45 Acres, High-Traffic Location, B-3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1.45-acre commercial land parcel presents a compelling investment opportunity in Mobile, Alabama. Strategically located at the corner of Grelot Road and Hillcrest Road, this property benefits from unparalleled visibility and accessibility. Situated adjacent to the new D-Bat development, it enjoys a high-traffic location with approximately 50,000 vehicles passing daily. The property's prime position within a thriving commercial area offers significant development potential. With a substantial population of 140,000 residents within a 5-mile radius, this location ensures a robust customer base for any new development. The surrounding area showcases a diverse mix of commercial properties, including retail spaces, office buildings, multifamily complexes, and self-storage facilities. The property is zoned B-3 for community business, providing flexibility for a wide range of commercial uses. The asking price for this exceptional land parcel is $510,000. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a rapidly growing area of Mobile, Alabama. The address is 6101 Grelot Rd, Mobile, AL 36609, in Mobile County.

    Property Features for 6101 Grelot Rd

    General Information

    Property type
    Land
    Lot Size
    63,162 SF

    HighLights

    • $510,000 asking price.
    • 1.45‑acre commercial land parcel.
    • B‑3 zoning.
    • Located at Grelot Rd and Hillcrest Rd, Mobile, AL 36609.
    • High visibility with daily traffic exceeding 50,000 vehicles.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CUMC Fellowship Hall United Methodist Church Christ United Recreation ... Church Kindermusik at Christ United Music School Lifegate Ministry Social Services Organization 6101 Grelot Rd ... Parking Lot

    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
    -88.190704690879
    Latitude
    30.659924608656

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    FAQs

    What type of property is this?
    Land - 1.45 Acres, High-Traffic Location, B-3 Zoning
    Where is this land located?
    The property is located at 6101 Grelot Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $510,000.
    What are key features of this property?
    This property features: $510,000 asking price.; 1.45-acre commercial land parcel.; B-3 zoning.
    (251) 544-5484
    Request Owner's contact information
    6101 Grelot Rd Mobile, AL 36609
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    Mobile, AL 36609
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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
    6101 Grelot Rd Mobile, AL 36609
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