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Property profile & analytics
FOR SALE
Commercial real estate

4970 Schillinger Rd Mobile, AL 36619

4.5 ac lot
Individually Owned 4-yr Hold
Property ID
US03-0753410
4970 Schillinger Rd, Mobile, AL 36619 For Sale
$500,000
4970 Schillinger Rd, Mobile, AL 36619
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Property summary
AI-generated overview

This exceptional 4.5-acre commercial land parcel presents a unique investment opportunity in Mobile, Alabama. Strategically located on Schillinger Road, just south of Three Notch Road in Mobile County, this property boasts excellent visibility and convenient access. The site is not subject to zoning restrictions, offering considerable flexibility for development. An existing development plan for a 6,000 square foot office warehouse building is available for review, providing a solid foundation for potential projects. This versatile land is well-suited for a variety of uses, including retail, office warehouse space with yard area, or mini-storage facilities. The asking price is $500,000. Its prime location and lack of zoning restrictions make this a highly attractive prospect for investors and developers seeking a prime location in a growing market. The property's address is 4970 Schillinger Rd S, Mobile, AL 36619. This is a rare opportunity to acquire a substantial tract of land with significant development potential in a desirable area of Mobile County.

Property profile
Verified
Property type Commercial real estate
Lot 4.5 ac (196,020 SF)
UPID US03-0753410
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
David Michael Brown · 4 yrs held
David Michael Brown
since 2021
3 recorded transactions
2021
Price N/A
2020
$13,800
2018
$225,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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