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Property profile & analytics
OFF-MARKET
Land

0 Old Military Rd Mount Vernon, AL 36560

174 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 174-acre commercial land parcel presents a unique development opportunity in Mount Vernon, Alabama. Located on Old Military Road, this property boasts significant frontage along the Mobile River (2,329 feet) and David Lake (1,529 feet on the west margin). The land is designated as COUNTY UNZONED, offering flexibility for a variety of commercial ventures. Priced at $2,400,000, or $13,793 per acre, this represents a compelling investment. The property's location offers convenient access to major transportation routes, being approximately 35 minutes north of Mobile, Alabama, and 40 minutes from the Port of Mobile. Utilities, including water and electricity, are readily available. A significant portion of the acreage lies outside the flood zone, minimizing development risk. The property's size and strategic location make it ideal for large-scale commercial projects, taking advantage of its riverfront access and proximity to Mobile. The APN is 0104460000001.000. This is a rare opportunity to acquire a substantial tract of land with excellent development potential in a rapidly growing region. Public access is readily available.

Property profile
Verified
Property type Land
Lot 174 ac (7,579,440 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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