0 Eliza Jordan Rd Mobile, AL 36608
This exceptional 34.2-acre ± parcel presents a remarkable opportunity for developers seeking a prime location in Mobile, Alabama. Situated on Eliza Jordan Road, this property boasts approximately 1,150 linear feet of road frontage, placing it just half a mile north of Airport Boulevard and adjacent to the established Stonebrooke subdivision (homes built 2002-2012). The site is strategically located within a rapidly expanding western Mobile area, offering significant potential for various development projects. The land is partially cleared, simplifying site inspection and preparation. The gently sloping topography further enhances its development suitability. All utilities are available except sewer, which is currently located approximately half a mile south on Airport Boulevard. The property is divisible into parcels of at least 10 acres ±, providing flexibility for diverse development plans. Potential uses include single-family residential, multi-family housing, mini-storage facilities, light industrial projects, neighborhood retail centers, or an office park. The asking price is $5,100,000, translating to $150,000 per acre. The APN is 2709290000009.01. This is an exceptional investment opportunity in a high-growth area with excellent access and visibility.
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.