Property profile

3103 International Dr Mobile, AL 36606

OFF-MARKET
Office Spaces
2.5 ac lot
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Property summary

AI-generated overview

This exceptional 2.5-acre commercial lot, located at 3103 International Drive in Mobile, Alabama (zip code 36606), presents a unique investment opportunity. The property is classified as Class A and zoned for commercial use, offering significant potential for a variety of developments. Currently vacant, this land boasts a strategic location adjacent to Bel Air Mall and Target Shopping Center, ensuring high visibility and accessibility. Its proximity to Interstate 65 and Airport Boulevard, along with its location within a 10-minute radius of downtown Mobile, provides unparalleled convenience. The property's versatility allows for diverse development options, including a doctor's office, medical clinic, office park, assisted living facility, fitness center, or daycare/school. The area's qualification for EB-5 Investment Projects, as indicated by TEA Maps, further enhances its investment appeal. The asking price is $399,000, translating to a land value of $159,600 per acre. The property's APN is 2909302000022003. Note that a smaller, adjacent 0.31-acre triangular lot is also available for sale separately, fronting International Drive near retail establishments. This larger parcel presents a compelling opportunity for developers seeking a prime location in a thriving commercial area.

Property profile

Verified
Property type Office Spaces
Lot 2.5 ac (108,900 SF)

Cap rate & NOI

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

Location

3103 International Dr Mobile, AL 36606
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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