Property profile

0 Theodore-Dawes Rd Theodore, AL 36582

OFF-MARKET
Land
9.1 ac lot
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Property summary

AI-generated overview

This 9.1-acre industrial land parcel in Theodore, Alabama, presents a unique investment opportunity. Located just east of South Alabama Logistics Park and one mile from I-10 (Exit 13), this property boasts approximately 1,000 feet of frontage on Theodore Dawes Road and 230 feet on Nan Gray Davis Road. The site is free of wetlands and flood zones, offering significant development potential. The seller is open to build-to-suit options, accommodating tenant needs for warehouse construction, crate lay-down yards, or trailer storage improvements. The property is currently vacant and zoned as unzoned, providing flexibility for various industrial uses. Ideal for businesses seeking a strategically located site with build-to-suit capabilities, this land offers a compelling opportunity for owner-users or investors. The asking price is $1,250,000, representing a price per acre of $137,362. The seller is willing to work with potential buyers to customize improvements to meet specific requirements. This prime location and flexible development options make this property an attractive investment in a rapidly growing industrial area. Contact us to discuss your specific needs and explore the possibilities.

Property profile

Verified
Property type Land
Lot 9.1 ac (396,396 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Theodore-Dawes Rd Theodore, AL 36582
Theodore 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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