This exceptional 1+ acre corner lot presents a unique investment opportunity in Mobile, Alabama. Boasting over 201 feet of frontage on Dauphin Island Parkway and an additional 159+ feet on Ila Drive, this versatile property is zoned for both commercial and residential development. Its prime location offers easy access to the city of Mobile (under 15 minutes away) and the beaches of Dauphin Island (less than 30 minutes away), combining urban convenience with coastal living. The property's size and dual-road frontage provide significant development potential, making it attractive to entrepreneurs and developers seeking a high-visibility location. The asking price is $134,900. All information is deemed accurate but not guaranteed and should be independently verified. This is a rare chance to acquire a strategically positioned parcel in a rapidly growing area. Don't miss this chance to build your vision in this desirable location. The property is located at the intersection of Dauphin Island Parkway and Ila Drive, Mobile, AL 36605.
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
Similar Nearby for Lease
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.