5508 Cottage Hill Rd Mobile, AL 36609
This exceptional 1.57-acre commercial land parcel presents a prime investment opportunity in Mobile, Alabama. Strategically located on Cottage Hill Road near the intersection with Knollwood, this property boasts excellent frontage visibility and high traffic counts. Its B-2 zoning allows for a wide range of commercial uses, making it ideal for developers or businesses seeking a prominent location. The site is situated amongst established businesses, providing immediate access to a thriving commercial environment. The expansive lot size offers ample space for development, accommodating various building sizes and configurations. This is a rare opportunity to acquire a well-positioned commercial property in a rapidly growing area of Mobile. The asking price is $199,000. The property's address is 5508 Cottage Hill Rd, Mobile, AL 36609, within Mobile County. This location offers easy access to major transportation routes and a strong local customer base. The property's size and zoning make it suitable for a variety of commercial ventures, from retail to office space. Don't miss this chance to secure a valuable asset in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.