4401 Rangeline Rd SW Mobile, AL 36619
- Warehouses
- 145,216 SF
- 11.64 lot acres
Current Use by Public Records
- Installation Services / General Contractor
- Primo Water Exchange / Big Box & Wholesale Store
- Lowe's ProServices / Building Supply / Industrial Manufacturer
- Lowe's Garden Center / Garden Center
- Lowe's Home Improvement / Building Supply / Hardware & Home Improvement
Property Details for 4401 Rangeline Rd SW
- Year built
- 2002
- Lot size
- 11.64 lot acres
- Property size
- 145,216 SF
- Property type
- Warehouses
- APN
- 33 05 38 0 004 004.003
- APU
- 3305380004004003
Description
This exceptional 5.08-acre commercial land parcel presents a remarkable investment opportunity in southwest Mobile, Alabama. Strategically located at 4401 Rangeline Rd, this property offers unparalleled visibility and accessibility. The site is divided into two outparcels, one measuring 2.48 acres and the other 2.60 acres, providing flexibility for various development scenarios. Its prime location boasts exceptional proximity to major retailers such as Lowe's, Walmart, Aldi, and Office Depot, ensuring high foot traffic and strong consumer demographics. The property benefits from multiple access points on both Rangeline Road and Government Boulevard, providing convenient ingress and egress for customers and employees. Furthermore, its location offers easy access to Interstate 10, a major transportation artery, enhancing its regional appeal. High daily traffic counts of 22,356 vehicles on Rangeline Road and 21,097 on Government Boulevard underscore the significant potential for businesses seeking high visibility and customer reach. This site is ideally suited for a diverse range of commercial uses, including retail establishments, restaurants, office/medical facilities, and automotive businesses. The property is located in Mobile County, Alabama, with a zip code of 36619. This is a rare opportunity to acquire a sizable, well-located commercial land parcel in a thriving retail corridor. Don't miss this chance to capitalize on the significant growth potential of this exceptional property.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $13,805,000
- 6.5%
- $12,745,000
- 7%
- $11,835,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,385,000
- AI Estimate
- $7,263,000
Market price range: $5.64M - $14.4MMarket price range: $2.66M - $9.51M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $9,235,000 Current use
- OFFICE BUILDING
- $15,830,000 Change: +71% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.1644
- Latitude
- 30.5993
- CBSA code
- 33660
- CBSA name
- MOBILE, AL METROPOLITAN STATISTICAL AREA