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Property profile & analytics
OFF-MARKET
Land

5991 Old Pascagoula Rd Theodore, AL 36619

10.24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.24-acre commercial land parcel presents a unique investment opportunity in Theodore, Alabama. Located at 5991 Old Pascagoula Road, this property boasts a highly desirable location, just one mile from Interstate 10, providing unparalleled access to major transportation routes. The land is completely cleared and level, simplifying development and minimizing site preparation costs. Currently unzoned by Mobile County, this offers flexibility for a wide range of commercial uses. The property is being offered for sale "as-is," allowing buyers to tailor the development to their specific needs. Alternatively, the owner is open to developing the site for lease, potentially as an outdoor industrial storage facility. The land value is estimated at $3 to $5 per square foot, representing a compelling price point for this strategically located acreage. This property is ideal for businesses seeking a prominent location with easy access to major transportation arteries and the potential for significant future growth. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering.

Property profile
Verified
Property type Land
Lot 10.24 ac (446,054 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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