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Property profile & analytics
OFF-MARKET
Office Spaces

110 Mountain St Jacksonville, AL 36265

2.7 ac lot
Entity Owned 4-yr Hold
Property ID
US03-1064674
Property summary
AI-generated overview

This exceptional 2.7-acre parcel of land, located at 110 Mountain Street NW in Jacksonville, Alabama (36265), presents a unique development opportunity. Designated as B2 zoning, this property boasts a highly desirable location directly across the street from Jacksonville State University's (JSU) football stadium and new fitness center. The site benefits from high traffic counts, amplified by the presence of over 8,500 students on campus. Its proximity to JSU makes it ideally suited for a variety of commercial ventures, including apartments, hotels, restaurants, and retail establishments. The recent approval of Sunday alcohol sales further enhances the potential for an entertainment district. This level lot is situated within an Opportunity Zone, offering significant investment advantages. Beyond JSU, the property enjoys convenient access to existing restaurants, shopping, and the business district. Recreational opportunities abound with its walking distance to the Chief Ladiga Trail. Furthermore, its strategic location offers proximity to Fort McClellan Base, as well as the cities of Anniston, Oxford, and Gadsden. The property's APN is 1206141001018000. The asking price for this prime development site is $550,000.

Property profile
Verified
Property type Office Spaces
Lot 2.7 ac (117,612 SF)
UPID US03-1064674
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Jay Mahraj LLC 3 · 4 yrs held
Jay Mahraj LLC 3
since 2021
1 recorded transaction
2021
$440,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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