0 Grand Bay Wilmer Rd Mobile, AL 36695
This exceptional 324-acre property in Mobile County, Alabama, presents a unique investment opportunity for developers and recreational enthusiasts alike. Located on S Grand Bay Wilmer Rd S, with zip code 36695, this expansive land parcel (APN 350614000000501) is zoned R3, offering diverse development possibilities. The land boasts several streams, open green fields, and existing shooting houses, making it ideal for hunting and recreational activities. Recent select cutting has left a stand of hardwoods. The abundant wildlife, including deer, further enhances its appeal. This property offers excellent potential for a variety of commercial, residential, or mixed-use developments. The asking price is $3,531,600. Note that an additional parcel (MLS #7164273) is available for purchase, providing approximately 1,331 feet of county road frontage, significantly increasing the overall development potential of this already impressive acreage. This is a rare opportunity to acquire a large tract of land in a rapidly growing area with significant upside potential. The property's location and features make it a highly desirable investment for those seeking a large-scale project with diverse possibilities. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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