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    7131 Grelot Rd Mobile, AL 36695

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 7131 Grelot Rd

    Property type
    Land
    Property subtype
    Commercial land

    Description

    This exceptional 1.91-acre parcel, totaling approximately 83,000 square feet, presents a remarkable opportunity for development on Grelot Road in Mobile, Alabama (zip code 36695). Priced at $294,900, this translates to approximately $154,769 per acre. The property boasts a highly desirable location with strong growth potential, making it ideal for a variety of uses. Zoning allows for flexibility within county regulations, accommodating commercial, retail, or residential projects. Its size and accessibility offer significant advantages for businesses or developers seeking to establish a presence in this thriving area. The land's prime location ensures excellent visibility and accessibility, contributing to its high investment value. This is a rare opportunity to acquire a substantial land parcel in a rapidly developing part of Mobile County. Serious inquiries are encouraged to explore the possibilities this property offers.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    State
    Alabama

    Comparable in this City

    • $215,000
      10.00 Acres

      10 Acres For Future Development

      10-acre parcel prime for development in Mobile, Alabama.
      6939 Johnston Ln, Mobile, AL 36695
      View Details
    • $1,750,000

      Multifamily Land on Grelot Road

      9.3 acre multifamily zoned land with existing improvements.
      6512 Grelot Rd, Mobile, AL 36695
      View Details
    • $3,200,000
      18.00 Acres

      Mobile Commercial Land Opportunity

      18+ Acres, High-Visibility Corner Lot
      7140 Cottage Hill Rd, Mobile, AL 36695
      View Details
    • $257,125

      Land For Sale

      Land available for sale.
      7930 Old Government Street Rd, Mobile, AL 36695
      View Details
    • $599,900
      7.50 Acres

      Cleared Land Ready for Development

      Approximately 7.5 acres of level, cleared land ready to develop.
      8391 Jeff Hamilton Road Ext, Mobile, AL 36695
      View Details
    • $89,900

      Land in West Mobile

      3.92 acres of land in West Mobile, Alabama.
      Smith Young Rd, Mobile, AL 36695
      View Details

    Similar Nearby for Sale

    • $215,000
      10.00 Acres

      10 Acres For Future Development

      10-acre parcel prime for development in Mobile, Alabama.
      6939 Johnston Ln, Mobile, AL 36695
      View Details
    • $1,750,000

      Multifamily Land on Grelot Road

      9.3 acre multifamily zoned land with existing improvements.
      6512 Grelot Rd, Mobile, AL 36695
      View Details
    • $3,200,000
      18.00 Acres

      Mobile Commercial Land Opportunity

      18+ Acres, High-Visibility Corner Lot
      7140 Cottage Hill Rd, Mobile, AL 36695
      View Details
    • $257,125

      Land For Sale

      Land available for sale.
      7930 Old Government Street Rd, Mobile, AL 36695
      View Details
    • $599,900
      7.50 Acres

      Cleared Land Ready for Development

      Approximately 7.5 acres of level, cleared land ready to develop.
      8391 Jeff Hamilton Road Ext, Mobile, AL 36695
      View Details
    • $89,900

      Land in West Mobile

      3.92 acres of land in West Mobile, Alabama.
      Smith Young Rd, Mobile, AL 36695
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      172,498 SF

      Prime Mobile, AL Land for Lease

      Cottage Hill & McFarland redevelopment opportunity.
      9201 Cottage Hill Rd, Mobile, AL 36695
      View Details
    • $140,000
      53,255 SF

      Brewer Center Outparcel - Schillinger Rd

      1.35-acre commercial lot, prime Schillinger Rd location.
      7760 Hitt Road, Mobile, AL 36695
      View Details
    • $3 SF/Yr
      10,000 SF

      Schillinger Place Land - 10,000 SF

      Prime Mobile, AL land for lease; build-to-suit opportunity.
      2502 Schillinger Rd S, Mobile, AL 36695
      View Details
    • Contact for pricing
      169,448 SF

      Cottage Hill Commercial Land

      Prime Mobile County development site.
      9201 Cottage Hill Rd, Mobile, AL 36695
      View Details
    • $2.00 SF/Yr
      72,391 SF

      Schillinger Place Retail Center

      Mobile, AL Retail Space Available
      2502 Schillinger Rd, Mobile, AL 36695
      View Details
    • $25 SF/Yr

      Grelot Road Commercial Land Available

      Commercial land on Grelot Road, build-to-suit opportunity.
      6740 Grelot Rd, Mobile, AL 36695
      View Details
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    7131 Grelot Rd
    Mobile, AL 36695
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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