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    5991 Old Pascagoula Rd Theodore, AL 36619

    For Sale
    Contact for pricing

    Prime Commercial Land - I-10 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10.24-acre commercial land parcel presents a unique investment opportunity in Theodore, Alabama. Located at 5991 Old Pascagoula Road, this property boasts a highly desirable location, just one mile from Interstate 10, providing unparalleled access to major transportation routes. The land is completely cleared and level, simplifying development and minimizing site preparation costs. Currently unzoned by Mobile County, this offers flexibility for a wide range of commercial uses. The property is being offered for sale "as-is," allowing buyers to tailor the development to their specific needs. Alternatively, the owner is open to developing the site for lease, potentially as an outdoor industrial storage facility. The land value is estimated at $3 to $5 per square foot, representing a compelling price point for this strategically located acreage. This property is ideal for businesses seeking a prominent location with easy access to major transportation arteries and the potential for significant future growth. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering.

    Property Features for 5991 Old Pascagoula Rd

    General Information

    Property type
    Land
    Lot Size
    446,054 SF

    HighLights

    • 10.24‑acre site available for sale or lease; owner will consider subdividing.
    • Unzoned county.
    • Level, cleared lot.
    • Excellent access, one mile from I‑10.
    • Offered as‑is, or build‑to‑suit for outdoor industrial storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Theodore
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1803762
    Latitude
    30.5822086

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land - I-10 Access
    Where is this land located?
    The property is located at 5991 Old Pascagoula Rd Theodore, AL.
    What are key features of this property?
    This property features: 10.24-acre site available for sale or lease; owner will consider subdividing.; Unzoned county.; Level, cleared lot.
    (251) 438-4312
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    5991 Old Pascagoula Rd Theodore, AL 36619
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    Theodore, AL 36619
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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
    5991 Old Pascagoula Rd Theodore, AL 36619
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