Listed By: Paul Salter Show Phone

Added: Feb 13, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 1.03-acre commercial land parcel is located at 94 East Drive in Mobile, Alabama. The property is zoned for multi-family use, making it suitable for various development projects. Its location offers proximity to the University of South Alabama, potentially ensuring high demand and rental income. The lot size allows for construction, providing flexibility in design and building plans. The zoning designation allows for the development of multi-family residential units, potentially apartments or townhouses, catering to students, faculty, and the broader community. There is a possibility of acquiring an adjacent one-acre lot, increasing the overall development potential. The property is situated in Mobile County, Alabama, with a zip code of 36608.

Property Analytics

Current Use

Land

Location Intelligence

Trade Area within ½ mile

11

Businesses Nearby

Explore this area Business Placement

Demographics for 36608, AL

39,782

Population

17,690

Households

2.2

Avg Household Size

34

Median Age

42%

College-Educated

93%

High-School Grad

65.1 sq mi

ZIP Area

611

Density / Sq Mi

$64,372

Median Household Income

$37,530

Median Earnings

$1,045

Median Rent

$234,400

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - 1.03 Acres Land Pending Sale - East Drive Lot

Where is this land located?

The property is located at 94 East Drive Mobile, AL.

What is the asking price?

The asking price for this property is $249,000.