3382 Battleship Pkwy Spanish Fort, AL 36527-9332
This exceptional 2.82-acre commercial property enjoys a prime waterfront location on Mobile Bay, directly accessible from the Mobile Bay Causeway. Previously utilized as a restaurant, this site presents a unique redevelopment opportunity. Its strategic position offers immediate access to Highway 98 and convenient access to Interstate 10, ensuring excellent connectivity to both Mobile and the Eastern Shore. The land is zoned for commercial use, making it ideal for a variety of ventures. The expansive lot size provides ample space for new construction or significant renovations. Given its waterfront location and high visibility, this property is well-suited for businesses seeking a prominent presence in a thriving coastal community. The existing infrastructure offers a solid foundation for future development, minimizing initial investment costs. This is a rare opportunity to acquire a significant piece of waterfront real estate in a highly desirable location with excellent access to major transportation arteries. The land is priced at $0/SF, reflecting the significant potential for development and return on investment. The property's address is 3382 Battleship Pkwy, Spanish Fort, Alabama, 36527.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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