0 Hobart Rd Mobile, AL 36619
This exceptional 41-acre property presents a unique investment opportunity in Mobile County, Alabama. Situated just off Rangeline Road and Interstate 10, this expansive parcel boasts convenient access to major transportation arteries, including Interstate 65 (one mile away). The lot dimensions are approximately 650 feet by 2,680 feet, making it particularly well-suited for the development of a large-scale distribution warehouse. The property's location offers significant advantages, with proximity to key infrastructure: it's a mere 13 minutes from the Choctaw Point Container Port and 10 minutes from Brookley Field. Access is provided via Hobart Road. The property is zoned RA (Residential-Agricultural), offering flexibility for a variety of development projects. The asking price for this substantial land holding is $289,000. This represents a compelling opportunity to acquire a strategically located parcel with significant potential for future growth and return on investment in a rapidly developing area of Mobile County. The property's size and zoning provide considerable flexibility for a range of commercial and residential uses. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.