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    Property profile & analytics

    University Blvd Mobile, AL 36609

    • Land
    • 1.47 lot acres
    For Sale
    View listing
    $500,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 University Blvd

    Lot size
    1.47 lot acres
    Property type
    Land

    Description

    This exceptional 1.47-acre commercial land parcel sits at the highly visible northwest corner of University Boulevard and Grelot Road in Mobile, Alabama (zip code 36609). The property, identified by APN R022808273000052, is zoned B3 and offers significant development potential. Boasting a prime location at a signalized intersection, this elevated lot enjoys excellent visibility with over 30,000 cars passing daily. The terrain is largely flat with some wooded areas. Its proximity to Airport Boulevard further enhances its strategic value. The asking price for this exceptional opportunity is $500,000, translating to $340,136 per acre. Cash purchase is preferred. Potential uses include office and retail developments, making this a compelling investment for discerning buyers seeking a high-traffic location in a thriving Mobile County market. The property is currently vacant and ready for immediate development.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1706
    Latitude
    30.6689

    Comparable in this City

    • Value Estimation by Request
      1.50 Acres

      Cottage Hl Rd @ University Blvd

      Land • 1.50 Acres
      0 Cottage Hl Rd @ University Blvd, Mobile, AL 36609
      View Details
    • Value Estimation by Request
      1.57 Acres

      5508 Cottage Hill Rd

      Land • 1.57 Acres
      5508 Cottage Hill Rd, Mobile, AL 36609
      View Details
    • Value Estimation by Request
      0.79 Acres

      Cottage Hill Rd

      Land • 0.79 Acres
      0 Cottage Hill Rd, Mobile, AL 36609
      View Details
    • Value Estimation by Request
      15.00 Acres

      Grelot Rd

      Land • 15.00 Acres
      0 Grelot Rd, Mobile, AL 36609
      View Details
    • Value Estimation by Request

      1.25 - 1.26 Acres Land For Sale - 6311 Cottage Hill Rd.

      1.25 - 1.26 Acres Land For Sale - 6311 Cottage Hill Rd.
      Cottage Hill Rd, Mobile, AL 36609
      View Details
    • Value Estimation by Request

      0.97 acres Land in Prime Location For Sale

      Prime Location 0.97 acres with 305' frontage Makes a Total of 3.92+- acres For Sale
      836 West Interstate 65 Service Rd S, Mobile, AL 36609
      View Details

    Similar Nearby for Sale

    • $104,000
      0.28 Acres

      Mobile Commercial Land - Grelot Rd.

      Prime West Mobile location; build your business.
      5901 Grelot Rd, Mobile, AL 36609
      View Details
    • Contact for pricing
      15.00 Acres

      Regency Acres: 15-Acre Commercial Land

      Mobile, AL Commercial Land Development Opportunity
      0 Grelot Rd, Mobile, AL 36609
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      0.78 Acres

      Mobile Commercial Land - Airport Blvd

      High-traffic Mobile land, ideal for development.
      4645 Airport Blvd, Mobile, AL 36609
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    • $510,000
      1.45 Acres

      Mobile Commercial Land - Hillcrest

      1.45 Acres, High-Traffic Location, B-3 Zoning
      6101 Grelot Rd, Mobile, AL 36609
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    • $199,000
      1.57 Acres

      Cottage Hill Road Commercial Land

      1.57 Acres, B-2 Zoning, Mobile, AL
      5508 Cottage Hill Rd, Mobile, AL 36609
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    • $500,000
      1.47 Acres

      University & Grelot Corner Lot

      1.47-acre commercial land, high visibility.
      0 University Blvd, Mobile, AL 36609
      View Details

    Similar Nearby for Lease

    • $50,000
      65,000 SF

      Mobile Commercial Land Lease Opportunity

      1.37 acres, prime Mobile location, NNN lease.
      4666 Oak Ridge Rd, Mobile, AL 36609
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    • Contact for pricing
      7,285 SF

      Mobile Office Suites for Lease

      Ready-to-use office spaces in Mobile, AL
      413 Azalea Rd, Mobile, AL 36609
      View Details
    • $15 SF/Yr
      1,200 SF

      University Oaks Retail Space Available

      High-traffic retail space, ideal for various uses.
      1956 S University Blvd, Mobile, AL 36609
      View Details
    • $14 SF/Yr
      480 SF

      Mobile Office Suite - Azalea Park

      480 sq ft office, prime Mobile location.
      578 Azalea Rd, Mobile, AL 36609
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    • $14 SF/Yr
      2,500 SF

      University Place Office Space for Lease

      Prime 2,500 sq ft office, Mobile, AL. Great location, flexible lease.
      820 S University Blvd, Mobile, AL 36609
      View Details
    • $14 SF/Yr
      1,502 SF

      Mobile Office Space: 1502 SF

      First-floor suite, 1502 sq ft, ideal for medical or professional use.
      820 S University Blvd, Mobile, AL 36609
      View Details
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    University Blvd
    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
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