6101 Grelot Rd Mobile, AL 36609-3611
This exceptional 1.45-acre commercial land parcel presents a compelling investment opportunity in Mobile, Alabama. Strategically located at the corner of Grelot Road and Hillcrest Road, this property benefits from unparalleled visibility and accessibility. Situated adjacent to the new D-Bat development, it enjoys a high-traffic location with approximately 50,000 vehicles passing daily. The property's prime position within a thriving commercial area offers significant development potential. With a substantial population of 140,000 residents within a 5-mile radius, this location ensures a robust customer base for any new development. The surrounding area showcases a diverse mix of commercial properties, including retail spaces, office buildings, multifamily complexes, and self-storage facilities. The property is zoned B-3 for community business, providing flexibility for a wide range of commercial uses. The asking price for this exceptional land parcel is $510,000. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a rapidly growing area of Mobile, Alabama. The address is 6101 Grelot Rd, Mobile, AL 36609, in Mobile County.
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CUMC Fellowship Hall Church
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Christ United Recreation Ministry Church
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Kindermusik at Christ United Vocational School Training Center
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Lifegate Ministry Social Service Agency Charitable Organization
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6101 Grelot Rd Parking Parking Lot & Garage
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.