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    5876 Us-90 Theodore, AL 36582

    For Sale
    $445,000

    1.77 Acres, High Visibility, B3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.77-acre commercial land parcel presents a remarkable investment opportunity in the thriving Theodore, Alabama market. Strategically located on the hard corner of Highway 90 and Katherine Hankins Drive, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The B3 zoning allows for diverse development options, including retail, convenience stores, fast food establishments, warehouses, or office spaces. The site benefits from a traffic light, ensuring optimal traffic flow and customer access. Currently, a vacant former laundromat building and a portion of the property leased month-to-month to an automotive business occupy the site. The asking price is $445,000, translating to approximately $251,412 per acre. The property's APN is R023802033000014. This high-traffic location in Mobile County, Alabama (zip code 36582) offers significant potential for substantial returns. Don't miss this chance to acquire a prime commercial property in a rapidly growing area. The coordinates are 30.5501533 latitude and -88.1730777 longitude.

    Property Features for 5876 Us-90

    General Information

    Property type
    Land
    Lot Size
    77,101 SF

    HighLights

    • $445,000 asking price.
    • 1.77‑acre land parcel.
    • B3 zoning.
    • $251,412 per acre land value.
    • Located at 5876 US‑90, Theodore, AL 36582 (APN: R023802033000014).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Theodore
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1730777
    Latitude
    30.5501533

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    FAQs

    What type of property is this?
    Land - 1.77 Acres, High Visibility, B3 Zoning
    Where is this land located?
    The property is located at 5876 Us-90 Theodore, AL.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: $445,000 asking price.; 1.77-acre land parcel.; B3 zoning.
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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
    5876 Us-90 Theodore, AL 36582
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