0 Creel Rd Grand Bay, AL 36541
This exceptional 16-acre industrial land parcel is strategically located in Grand Bay, Alabama, in Mobile County, offering unparalleled access and visibility. Situated on Creel Road, just west of I-10 Exit 4 (Grand Bay Wilmer Road), this property boasts approximately 687 feet of frontage. Its prime location provides easy access to major transportation arteries, including I-10 and I-65, placing it within close proximity to significant industrial hubs such as the Alabama State Docks and Airbus. The site is less than eight miles from a new 2.9 million-square-foot Walmart distribution center and less than ten miles from a new 363,000-square-foot Amazon sortation center, both of which are expected to significantly boost economic activity in the area. The property is currently unzoned (county) and features a level topography, making it ideal for various industrial developments, including warehouse and distribution facilities. Utilities are available at the site. The asking price is $400,000, with a price per acre of $25,000. The APN is 3607260000024. This is a rare opportunity to acquire a sizable, well-positioned industrial land parcel in a rapidly growing area.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.