0 Calvert Business Park Dr Mount Vernon, AL 36560
Invest in eight commercial and industrial lots within the Calvert Business Park, situated in Mobile County, Alabama, and conveniently located on Calvert Business Park Drive, zip code 36560. These lots, ranging from 34,800 to 591,184 square feet, offer a unique opportunity for development. Parcels are already subdivided, and all utilities, including sewer, are readily available. Pricing is tiered, with front lots along Highway 43 commanding $7.25 per square foot, while back lots are priced between $2.00 and $4.00 per square foot. Highway 43 boasts high traffic volume, exceeding 12,000 vehicles daily, ensuring excellent visibility and accessibility. The park's strategic location across from AM/NS Calvert, a leading steel finishing facility employing over 1,600 people, further enhances its appeal. This advanced facility is expanding with a new world-class electrical steel facility, supported by the Department of Energy, promising significant future job growth and economic development in the area. The property is zoned for commercial use and offered as a fee simple ownership. The APN is 0102260000001021. This presents a compelling investment opportunity in a thriving industrial and commercial hub.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.