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    8865 Moffett Rd Semmes, AL 36575

    For Sale
    $150,000

    0.4-acre commercial lot, ideal retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.4-acre commercial land parcel, located at 8865 Moffett Rd in Semmes, Alabama (zip code 36575), presents a prime opportunity for development. Situated on a corner lot at the intersection of Moffett Road and Firetower Road, this property enjoys high visibility and convenient access from Highway 98. The asking price is $150,000, translating to a land value of $5.45 per square foot. Its strategic location next to a Dollar General store ensures significant foot traffic and brand synergy. The property is zoned for commercial use and is perfectly suited for a small retail center or a single-tenant building. The seller will consider a ground lease arrangement, offering flexibility for potential buyers. Furthermore, an easement is included for shared parking with the adjacent Dollar General, providing ample parking for any development. This presents a rare opportunity to acquire a well-positioned commercial lot in a growing area with excellent potential for return on investment. The property's location in Mobile County, Alabama, offers easy access to major transportation routes and a thriving local economy. Don't miss this chance to secure this valuable asset.

    Property Features for 8865 Moffett Rd

    General Information

    Property type
    Land
    Lot Size
    17,424 SF

    HighLights

    • Ground lease option available.
    • Shared parking easement with adjacent Dollar General.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store Western Union Money Transfer Service

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Semmes
    County
    Mobile
    State
    Alabama
    Longitude
    -88.25148842
    Latitude
    30.77812947

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    FAQs

    What type of property is this?
    Land - 0.4-acre commercial lot, ideal retail.
    Where is this land located?
    The property is located at 8865 Moffett Rd Semmes, AL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Ground lease option available.; Shared parking easement with adjacent Dollar General.;
    Request Owner's contact information
    8865 Moffett Rd Semmes, AL 36575
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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
    8865 Moffett Rd Semmes, AL 36575
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