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    5110 Halls Mill Rd Mobile, AL 36693

    For Sale
    $362,500

    Prime Mobile location, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10-acre commercial land parcel in Mobile, Alabama, presents a remarkable investment opportunity. Located at 5110 Halls Mill Road, this property (APN 3305380001009) is ideally situated for diverse commercial ventures. The asking price is $362,500. Its strategic location offers convenient access to major transportation arteries, including Interstates 10 and 65, and the proximity to Mobile Bay enhances its appeal. The area already features established businesses such as Halls Mill Creek Business Center, Lowe's, and Walmart, along with numerous retail outlets and restaurants, creating a vibrant and thriving commercial environment. This mixed-use property holds significant potential for a wide range of developments, including apartments, retail spaces, industrial facilities, or even religious buildings. The property comprises three parcels (key IDs: 1128318, 1128407, 1128381), and includes one residential parcel with potential for commercial conversion. While the listing indicates approximately 10 acres, potential buyers are advised to independently verify the exact acreage, road frontage, and conduct necessary wetland studies and due diligence to confirm all pertinent information before making an offer. This is a rare opportunity to acquire a substantial land holding in a high-growth area of Mobile. Don't miss out!

    Property Features for 5110 Halls Mill Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre commercial land parcel in Mobile, AL, priced at $362,500.
    • Located at 5110 Halls Mill Road (APN 3305380001009), with convenient access to I‑10 and I‑65.
    • Situated near established businesses including Halls Mill Creek Business Center, Lowe's, and Walmart.
    • Mixed‑use zoning allows for various developments, including apartments, retail, and industrial uses.
    • Comprises three parcels (1128318, 1128407, 1128381) and one residential parcel with conversion potential; buyer to verify acreage and conduct due diligence.
    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 Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1596894
    Latitude
    30.6085396

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    FAQs

    What type of property is this?
    Land - Prime Mobile location, mixed-use potential.
    Where is this land located?
    The property is located at 5110 Halls Mill Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $362,500.
    What are key features of this property?
    This property features: 10-acre commercial land parcel in Mobile, AL, priced at $362,500.; Located at 5110 Halls Mill Road (APN 3305380001009), with convenient access to I-10 and I-65.; Situated near established businesses including Halls Mill Creek Business Center, Lowe's, and Walmart.
    Request Owner's contact information
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    Mobile, AL 36693
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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
    5110 Halls Mill Rd Mobile, AL 36693
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