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    5508 Cottage Hill Rd Mobile, AL 36609

    For Sale
    $199,000

    1.57 Acres, B-2 Zoning, Mobile, AL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.57-acre commercial land parcel presents a prime investment opportunity in Mobile, Alabama. Strategically located on Cottage Hill Road near the intersection with Knollwood, this property boasts excellent frontage visibility and high traffic counts. Its B-2 zoning allows for a wide range of commercial uses, making it ideal for developers or businesses seeking a prominent location. The site is situated amongst established businesses, providing immediate access to a thriving commercial environment. The expansive lot size offers ample space for development, accommodating various building sizes and configurations. This is a rare opportunity to acquire a well-positioned commercial property in a rapidly growing area of Mobile. The asking price is $199,000. The property's address is 5508 Cottage Hill Rd, Mobile, AL 36609, within Mobile County. This location offers easy access to major transportation routes and a strong local customer base. The property's size and zoning make it suitable for a variety of commercial ventures, from retail to office space. Don't miss this chance to secure a valuable asset in a desirable location.

    Property Features for 5508 Cottage Hill Rd

    General Information

    Property type
    Land
    Lot Size
    68,389 SF

    HighLights

    • 1.57‑acre commercial land parcel in Mobile, AL, priced at $199,000.
    • Excellent visibility and high traffic counts on Cottage Hill Road near Knollwood.
    • B‑2 zoning allows for diverse commercial uses.
    • Situated among established businesses in a rapidly growing area.
    • Ample space for various building sizes and configurations.
    • Located at 5508 Cottage Hill Rd, Mobile, AL 36609, with easy access to major transportation routes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -88.169142934012
    Latitude
    30.645494389587

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    FAQs

    What type of property is this?
    Land - 1.57 Acres, B-2 Zoning, Mobile, AL
    Where is this land located?
    The property is located at 5508 Cottage Hill Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: 1.57-acre commercial land parcel in Mobile, AL, priced at $199,000.; Excellent visibility and high traffic counts on Cottage Hill Road near Knollwood.; B-2 zoning allows for diverse commercial uses.
    Request Owner's contact information
    5508 Cottage Hill Rd Mobile, AL 36609
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    Mobile, AL 36609
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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
    5508 Cottage Hill Rd Mobile, AL 36609
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