Grelot Rd Mobile, AL 36609
- Land
- 15.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Grelot Rd
- Lot size
- 15.00 lot acres
- Property type
- Land
Description
This exceptional 15-acre commercial land parcel presents a unique investment opportunity in Mobile, Alabama. Located at the high-traffic intersection of Grelot Road and University Boulevard, this B-3 (Community Business) zoned property boasts unparalleled visibility to over 49,000 vehicles per day. The site's prime location offers easy access to a thriving community, with close proximity to St. Luke's Episcopal High School, numerous offices, and established residential neighborhoods. The strong demographics further enhance the property's appeal, with an average household income exceeding $76,000 and a population of over 153,000 within a 5-mile radius. The property's APN is 2808273000084004. This significant acreage provides ample space for a wide range of commercial developments, making it an ideal investment for developers seeking a high-visibility location with strong potential for return. The property is situated in Mobile County, Alabama, with a zip code of 36609, and is easily accessible via Grelot Rd. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.1699
- Latitude
- 30.6638