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    Theodore-Dawes Rd Theodore, AL 36582

    For Sale
    $1,250,000

    9.1 Acres, Build-to-Suit Options

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 9.1-acre industrial land parcel in Theodore, Alabama, presents a unique investment opportunity. Located just east of South Alabama Logistics Park and one mile from I-10 (Exit 13), this property boasts approximately 1,000 feet of frontage on Theodore Dawes Road and 230 feet on Nan Gray Davis Road. The site is free of wetlands and flood zones, offering significant development potential. The seller is open to build-to-suit options, accommodating tenant needs for warehouse construction, crate lay-down yards, or trailer storage improvements. The property is currently vacant and zoned as unzoned, providing flexibility for various industrial uses. Ideal for businesses seeking a strategically located site with build-to-suit capabilities, this land offers a compelling opportunity for owner-users or investors. The asking price is $1,250,000, representing a price per acre of $137,362. The seller is willing to work with potential buyers to customize improvements to meet specific requirements. This prime location and flexible development options make this property an attractive investment in a rapidly growing industrial area. Contact us to discuss your specific needs and explore the possibilities.

    Property Features for 0 Theodore-Dawes Rd

    General Information

    Property type
    Land
    Lot Size
    396,396 SF

    HighLights

    • Excellent location, east of South Alabama Logistics Park.
    • Owner will build‑to‑suit warehouse, lay down yard, or other improvements to meet tenant needs.
    • 9.1‑acre lot.
    • 1,000± feet frontage on Theodore Dawes Road and 230± feet on Nan Gray Davis Road.
    • One mile from I‑10 (Exit 13); no wetlands or floodplains.
    • Unzoned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Theodore
    County
    Mobile
    State
    Alabama
    Longitude
    -88.208686
    Latitude
    30.5608542

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    FAQs

    What type of property is this?
    Land - 9.1 Acres, Build-to-Suit Options
    Where is this land located?
    The property is located at Theodore-Dawes Rd Theodore, AL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Excellent location, east of South Alabama Logistics Park.; Owner will build-to-suit warehouse, lay down yard, or other improvements to meet tenant needs.; 9.1-acre lot.
    Request Owner's contact information
    Theodore-Dawes Rd Theodore, AL 36582
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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
    Theodore-Dawes Rd Theodore, AL 36582
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