18.5 Acres off West I-65 Service Road with Interstate Visibility
Vacant Land
for Sale
Sale Pending
Catylist Listing ID: |
30717686 |
Property Subtypes: |
Hospitality, Industrial, Multi-Family, Office, Retail, Self Storage, Other
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Status: |
Pending |
Gross Land Area: |
18.50 Acres
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Sale Price: |
$4,000,000 |
Unit Price: |
$216,216 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
2/28/2024 |
Overview / Comments
This 18.5 acre parcel is located right off Interstate 65 just South of Exit 1 and Government Boulevard. It is easily accessible by West I-65 Service Road South and Halls Mill Road. The interstate frontage visibility is iconic to travelers entering Mobile on this last stretch of I-65 before heading East or West on I-10. Much of the traffic consists of recreational and business travel to the gulf coast for work, vacation, casinos, beaches, and sports tournaments. The annual average traffic daily on Government Boulevard is 24,572 and 83,410 on I-65 making this location ideal for commercial development.
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Additional Details
Nearest MSA: |
Mobile |
County: |
Mobile |
Taxing Authority: |
3202370006002XXX |
Tax ID/APN: |
R023202370006002. |
Zoning: |
B-3 |
Property Located Between: |
Government Boulevard and Halls Mill Road |
Property Visibility: |
Excellent |
Legal Description: |
PART OF LOT 2 MCGOWIN INTERSTATE S/D MBK 53/79 DESC AS FOLL: BEG AT SW COR OF LOT 2 MCGOWIN INTERSTATE S/D MBK 53/79 TH N 740 FT (S) TH E 780 FT(S) TH SELY 100 FT(S) 1100 FT(S) TH W 40 FT(S) TH SW 100 FT(S) TH NW 230 FT(S) TH NWLY 790 FT (S) TO POB #SEC 37 T5S R1W #MP32 02 37 0 006 |
Largest Nearby Street: |
Interstate 10 |
Feet of Frontage: |
1,100 |
Traffic/Vehicle Count: |
85,000 |
Highway Access: |
Government Boulevard and West I-65 Service Road South |
Airports: |
Brookley Field and Mobile Regional |
Site Description: |
Prime acreage available in a growing section of Mobile. Owner will consider a ground lease. |
Area Description: |
The County's new regional soccer tournament facility is just South on Halls Mill Road and is producing even higher traffic counts from out of town citizens and locals participating in the many events. The county and city just approved funding to build an Aquatics Center next to the soccer fields, creating the Mobile County Sportsplex.
This portion of I-65 is known to grab peoples attention with sites of Hank Aaron Stadium, shopping, dining, car dealerships, and an occasional glimpses of downtown Mobile’s Horizon. It is surrounded by a variety of retail, dining, grocery, and car dealerships in one of Mobile’s busiest shopping regions. |
Lot Frontage: |
West I-65 Service Road South |
Lot Depth: |
990 |
Zoning Description: |
B-3: Community Business |
Topography: |
Level |
Available Utilities: |
Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access, Other |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
6,413 |
74,960 |
180,565 |
Median Age: |
35 |
36.03 |
36.47 |
Households: |
2,367 |
30,953 |
74,166 |
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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