+/- 6 Acre Income property on high traffic Old Shell Rd.

Vacant Land for Sale
Catylist Listing ID: 30725119
Property Subtypes: Industrial, Multi-Family, Residential (Single Family), Retail, Self Storage, Other
Gross Land Area: 6 Acres
Sale Price: $325,000
Unit Price: $54,166 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/6/2021

Overview / Comments

+/- 6 Acres on high traffic 4 lane Old Shell Rd.
Property improvements include small rental house, detached metal building/barn and billboard. Perimeter is fenced and gated. All improvements being sold in “As is” condition with no warranty implied. Property is tenant occupied do not disturb the tenant. Showing by appointment only.
Income producing property with existing rental house $500/m plus billboard $500/yr.
Additional property details: +/- 428’ Direct Road Frontage on Old Shell Rd.
Excellent visibility & access, four existing curb cuts to Old Shell.
Topography is level and currently being used as pasture land.
Zoning: currently L1&2 Zoned Mixed Commercial Corridor Lot 3 zoned residential, Low Density Residential (See Description below)
Three parcels totaling +/-6 acres
Dimension 428’ x 603’ x 461’ x 530’
7250 Old Shell Lot: Parcel ID: R022804184005055.000 Size 0.66 Acres Zoned Mixed Commercial Corridor Vacant Land with 1 curb cut.
7280 Old Shell Rd: Parcel ID: R022804184005055.000 Size 0.61 Acres. Zoned Mixed Commercial Corridor. Vacant Land with 1 curb cut and 1 billboard
7330 Old Shell Road: Parcel ID: R022804184005055.000 Size 4.7 Acres. Zoned for residential. Property contains: +/-900 SF 2 bedroom/1bath rental house, approximately 2,000 sf barn and currently has 2 curb cuts on Old Shell Rd.

Attachments & Media

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile
Tax ID/APN: R022804184005057.001.
Property Located Between: Schillinger & Cody Rd
Property Visibility: Excellent
Site Description: Rental house and metal barn with open pasture.
Lot Frontage: 428
Lot Depth: 603
Zoning Description: Mixed Commercial Corridor, Residential
Topography: Level
Available Utilities: Electric, Cable, Internet Access

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,532 51,836 135,370
Median Age: 34.45 35.44 36.37
Households: 2,372 21,435 54,355


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