5991 Old Pascagoula Rd Theodore, AL 36619
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.
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
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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.