Technical
Financial
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Property profile

1576 Navco Rd Mobile, AL 36605

OFF-MARKET
Land
15.5 ac lot
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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

Location

1576 Navco Rd Mobile, AL 36605
Mobile metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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