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    Halls Ml Rd & Mcvay Dr Mobile, AL 36606

    For Sale
    $110,000

    90,163 SF Commercial Lot, Owner Financing

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 90,163 square foot commercial lot, located in Mobile, Alabama, presents a unique investment opportunity. Situated in a well-established office park at the intersection of Halls Mill Road and McVay Drive (APN: R02-29-09-51-0-010-093.007), this B-3 zoned property offers significant potential for various commercial uses. The asking price is $110,000, translating to a land value of $1.22 per square foot. The seller is open to exploring the possibility of reconfiguring the lot to meet a buyer's specific needs. This property benefits from protective covenants and is conveniently located near Bolton's Branch Park. Owner financing may be available, making this an attractive option for various investors. The property is currently vacant and ready for development. Serious inquiries are encouraged to discuss this prime commercial land opportunity further. The property is located in Mobile County, Alabama, zip code 36606.

    Property Features for 0 Halls Ml Rd & Mcvay Dr

    General Information

    Property type
    Land

    HighLights

    • Listing ID: 30011069
    • Status: Active
    • Property Type: Vacant Land
    • Potential Use: Office Development
    • Land Area: 90,163 square feet
    • Sale Price: $110,000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.111086
    Latitude
    30.648382

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    FAQs

    What type of property is this?
    Land - 90,163 SF Commercial Lot, Owner Financing
    Where is this land located?
    The property is located at Halls Ml Rd & Mcvay Dr Mobile, AL.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: Listing ID: 30011069; Status: Active; Property Type: Vacant Land
    Request Owner's contact information
    Halls Ml Rd & Mcvay Dr Mobile, AL 36606
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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
    Halls Ml Rd & Mcvay Dr Mobile, AL 36606
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