Acreage Available at Signalized Intersection on Moffett Road
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: |
30847776 |
| Property Subtypes: |
Hospitality, Mobile Home Park, Multi-Family, Office, Retail, Self Storage
|
| Status: |
Pending |
| 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: |
7/2/2024 |
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.
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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 |
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 |
|
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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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