Property profile

5745 8 Mile Mobile, AL 36610

OFF-MARKET
Land
7,500 SF 16.5 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity in Mobile County, Alabama! This expansive 16.5-acre commercial property, zoned B-1, presents remarkable versatility. The site includes three parcels sold as one, featuring a 7,500 square foot corrugated metal building with a concrete floor – previously used for diverse purposes including salvage, transport, and movie prop storage. One parcel is vacant, and another contains a rental house conveyed at no value. The property boasts 877 feet of frontage along Highway 45, offering exceptional visibility and accessibility. Its strategic location at the interchange of State Route 158, US-45, and I-65 provides unparalleled connectivity. Utilities include electric, water, gas, sewer, cable, and internet access. The level topography simplifies development. Proximity to Mobile International Airport (12 miles) further enhances its appeal. Potential uses are numerous, including retail, offices, institutional uses, mobile home park, or RV park. The asking price is $600,000. All information should be verified by the buyer. APN: 2301020000021XXX. Address: 5745, 5796 & 5815 Hwy. 45, Eight Mile, AL 36610.

Property profile

Verified
Property type Land
Total area 7,500 SF
Lot 16.5 ac (718,740 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5745 8 Mile Mobile, AL 36610
Mobile metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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