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    OFF-MARKET
    Land

    755 Bolling Brothers Blvd, Mobile, AL 36606

    Property ID
    Property summary
    AI-generated overview

    This exceptional 51-acre development opportunity in Mobile, Alabama, presents a unique investment prospect. The property comprises three separate tax parcels, offering flexibility for individual or combined acquisition. Parcel A, encompassing 34.58 acres, features a 6,000-seat stadium, over 14 acres of paved surfaces with 1650 parking spaces, and over 9 acres of undeveloped land. Parcels B (8.37 acres) and C (9.03 acres) are both undeveloped and strategically located. The site boasts nearly a quarter-mile of frontage on Interstate 65, providing exposure to over 85,000 vehicles daily, and includes an existing pylon sign. Its prime logistical position is highlighted by its proximity—just one mile from the I-65 and I-10 interchange. The property's adjacency to McGowin Park, a 650,000-square-foot regional power center anchored by major retailers including Costco, Field & Stream, Dick's Sporting Goods, Hobby Lobby, and a new Topgolf (2023 opening), further enhances its value. Located within the City of Mobile, Parcel A is zoned B-3 Community Business, while Parcels B and C are zoned B-2 and B-3. The site benefits from a substantial population base, with 287,195 residents within a 10-mile radius. This presents a compelling opportunity for significant development and investment returns.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hank Aaron Stadium Sports Field & Court
    • MSEG Stadium Store Department Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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