Property profile

600 Church St Mobile, AL 36602

FOR SALE
Retail properties & Spaces
Property ID
US03-0895098
Individually Owned 7-yr Hold
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Property summary

AI-generated overview

This exceptional 12,000 sq ft vacant lot presents a rare opportunity to build in desirable downtown Mobile, Alabama. Located on iconic Church Street, this L-shaped property offers unparalleled convenience, just steps from vibrant restaurants, bars, and parks. Its high elevation ensures desirable building conditions. The lot's proximity to the Mardi Gras parade route on Government Street (within 50 yards) adds to its unique appeal. The cleared lot is ready for immediate development, allowing for a variety of construction options, from a charming cottage to a spacious two-story home. The ample space also allows for the inclusion of a pool and expansive yard. This is one of the last remaining high-elevation lots in the heart of downtown, providing a unique chance to create a custom home or office space within walking distance of all that downtown Mobile offers. The property's APN is 2906400010224XXX and is zoned for residential and retail uses. Seize this chance to become part of the thriving downtown Mobile community. Asking price is $299,000.

Property profile

Verified
Property type Retail properties & Spaces
UPID US03-0895098

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

600 Church St Mobile, AL 36602
Mobile metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2019
1 recorded transaction
2019
$50,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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