Property profile

2390 Mcfarland Rd Mobile, AL 36619

OFF-MARKET
Land
1.3 ac lot
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Property summary

AI-generated overview

This exceptional Mobile, Alabama commercial property encompasses 1.3 acres of land zoned B3, offering significant development potential. The property includes two adjacent parcels located at 2390 and 2400 McFarland Road, boasting a prime location next to a Publix supermarket and surrounded by several banks. One parcel features a three-bedroom, two-bathroom house, presenting immediate income potential or renovation opportunities. The second parcel provides ample space for expansion, new construction, or additional development. This high-visibility location ensures significant traffic exposure, making it ideal for a variety of commercial ventures. The fee simple ownership provides complete control and flexibility for the buyer. The property's strategic placement in a high-traffic area, coupled with its proximity to established businesses and residential areas, makes it an attractive investment for developers, investors, or businesses seeking a prominent location in Mobile, Alabama. The 36619 zip code offers easy access to major transportation routes and amenities. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Mobile neighborhood.

Property profile

Verified
Property type Land
Lot 1.3 ac (56,628 SF)

Cap rate & NOI

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

Location

2390 Mcfarland Rd Mobile, AL 36619
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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