6.88 Acres - I-10/Theodore Dawes Rd. - Theodore, AL
Vacant Land
for Sale
| Catylist Listing ID: |
30813023 |
| Property Subtypes: |
Hospitality, Retail, Retail-Pad, Self Storage
|
| Gross Land Area: |
6.88 Acres
|
| Sale Price: |
$1,299,900 |
| Unit Price: |
$188,938 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/2/2024 |
Overview / Comments
|
6.88 acres of undeveloped land suitable for retail development and located in the northeast quadrant of I-10/Theodore Dawes Road in Theodore, Alabama. The property is accessible via a signalized intersection at Sperry Road/Theodore Dawes Road. The site is proximate to the South Alabama Logistics Park, which is under construction and will feature a broad portfolio of industrial properties with emphasis on warehousing and distribution. The I-10 corridor in southwest Alabama is rapidly growing due to the growth of the Port of Mobile and other economic development in the region. This dynamic is generating a need for quality retailers and new development in the area. The owner is willing to subdivide.
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Additional Details
| Nearest MSA: |
Mobile |
| County: |
Mobile |
| Tax ID/APN: |
3309323000031001 |
| Property Located Between: |
I-10/Ols Pascagoula Road |
| Property Visibility: |
Good |
| Largest Nearby Street: |
Interstate 10 |
| Highway Access: |
Sperry Road to Theodore Dawes to Interstate 10 |
| Site Description: |
The site is undeveloped and level. It is situated in a curve on Sperry Road in a large corner that extends behind the adjacent Shell gasoline station to the north. It is proximate to retail, light industrial multi-family, single-family residential. |
| Area Description: |
The area features an Interstate 10 interchange that includes the South Alabama Logistics Park, a new development that will result in millions of square feet of new warehouse and distribution space that will service the demand created by the Port of Mobile and other economic developments in southwest Alabama. The area consists of retail, truck stops, quick serve restaurants, multi-family, single-family residential and agricultural properties. |
| Lot Frontage: |
404 |
| Zoning Description: |
In county (no zoning) |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,417 |
27,099 |
61,449 |
| Median Age: |
35.1 |
35.72 |
38.53 |
| Households: |
521 |
10,168 |
23,230 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
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