Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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