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Property profile & analytics
OFF-MARKET
Land

1576 Navco Rd Mobile, AL 36605

15.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.5-acre parcel, situated at 1576 Navco Rd in Mobile, Alabama (zip code 36605), presents a compelling investment opportunity. Located conveniently just north of the I-10 overpass, this property boasts significant potential for diverse development. Currently zoned R1, the land is ideally suited for residential projects such as single-family homes, apartments, or townhouses. However, the possibility of rezoning for commercial use also exists, opening up a wider range of development options. The property includes an existing older home, which could be renovated or removed to suit the chosen development plan. The asking price for this expansive tract is $193,750. Its strategic location and considerable size make it an attractive proposition for developers seeking a prime location in Mobile County. The latitude and longitude coordinates are 30.6372986 and -88.105072 respectively. This is a rare opportunity to acquire a substantial piece of land with significant upside potential in a rapidly growing area. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 15.5 ac (675,180 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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