Acreage Available at Signalized Intersection on Moffett Road

Vacant Land for Sale
Catylist Listing ID: 30847776
Property Subtypes: Hospitality, Mobile Home Park, Multi-Family, Office, Retail, Self Storage
Gross Land Area: 5.50 Acres
Sale Price: $1,995,000
Unit Price: $362,727 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/22/2024

Overview / Comments

Ideally located site available for potential redevelopment opportunity, or to purchase and lease out to create an income-producing investment property. Approximately 5.5 AC at the signalized intersection of Moffett Road (US Highway 98) and Wolf Ridge Road. Large frontage (±597.58’) on a portion of Moffett Road that sees traffic counts of 48,490 AADT as of 2022. Situated just over 1 mi west of Interstate 65 with average annual daily traffic counts of 97,939 as of 2022. Property is currently zoned B3 - Community Business, allowing for a range of potential uses.

Property consists of 4125, 4137, 4151, & 4203 Moffett Road.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2801122002019XXX
Zoning: B3
Property Located Between: Wolf Ridge & University
Property Visibility: Excellent
Traffic/Vehicle Count: 42,948
Highway Access: Located directly on US Highway 98 (Moffett Road)
Zoning Description: Community Business

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,752 66,296 184,328
Median Age: 34.58 37.23 36.03
Households: 1,827 26,376 74,413

Contact

Photograph of Listing Agent

John P. Vallas, Jr.

Vallas Realty, Inc. Gulf Coast CMLS Member
© Copyright 2001-2023 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.