0 Old Military Rd Mount Vernon, AL 36560
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.