2781 Government Blvd Mobile, AL 36606
For Sale
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This exceptional 1.03-acre commercial land parcel is ideally situated at the signalized intersection of Government Boulevard and Pleasant Valley Road in Mobile, Alabama. Zoned B-2 Neighborhood Business, this property boasts a prime location on a major corridor with over 25,000 vehicles passing daily. The site, previously a convenience store, presents a multitude of development opportunities, including but not limited to: convenience stores, car washes, auto repair shops, banks, restaurants, bars, clinics, retail stores, and pharmacies. Its strategic location offers easy access to Interstate 65 (within one mile) and the Mobile Central Business District (under four miles). Government Boulevard sees 18,000 vehicles daily, while Pleasant Valley Road registers 12,000. The property benefits from a substantial potential customer base, with over 150,000 people residing within a five-mile radius and a median income exceeding $33,000. The asking price is $895,000, translating to $19.83 per square foot. This fee simple ownership opportunity is a compelling investment for discerning business owners seeking high visibility and significant traffic volume. The property's APN is 29 09 51 0 003 008.XXX. Don't miss this chance to acquire a highly desirable commercial property in a thriving Mobile location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.