836 Service Rd Mobile, AL 36609
This exceptional 3.92-acre commercial land parcel presents a remarkable investment opportunity in Mobile, Alabama. Located at 836 West I-65 Service Road South, this property boasts 305 feet of frontage directly on the I-65 Service Road, providing unparalleled visibility and access to a daily traffic count of 92,094 vehicles. The B3 zoning allows for a wide variety of commercial uses, making it ideal for development. Its strategic location near Airport Boulevard, and less than two miles from Springdale and Bel Air Malls, ensures high traffic and customer accessibility. The land is cleared and all utilities are available, simplifying the development process. Further enhancing its appeal, a proposed 186-room Drury Inn & Suites with 5,500 square feet of meeting space is planned for an adjacent parcel, creating a synergistic environment. The property's size allows for potential division, offering flexibility for various development scenarios. The asking price ranges from $283,140 to $561,855 per acre, reflecting the exceptional location and development potential. The APN is R022807251000008.06. This is a rare opportunity to acquire a prime commercial site with significant upside potential in a thriving Mobile County market. The owner is open to build-to-suit options.
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.