Property profile

755 Bolling Brothers Blvd Mobile, AL 36606

OFF-MARKET
Land
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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

Current use

Occupant on record · Public records
  • Sports Field & Court
  • Department Store

Location

755 Bolling Brothers Blvd 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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