7131 Grelot Rd Mobile, AL 36695
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.