1.5 Acres Hillcrest Road
Vacant Land
for Sale
| Catylist Listing ID: |
30810858 |
| Property Subtypes: |
Hospitality, Office, Retail, Retail-Pad, Self Storage
|
| Gross Land Area: |
1.50 Acres
|
| Sale Price: |
$1,200,000 |
| Unit Price: |
$800,000 Per Acre |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/25/2023 |
Overview / Comments
|
This raw land is located in the city of Mobile, AL, near the corner of Grelot Road and Hillcrest Road. This lot is approximately 3 acres, with 306 feet of frontage facing Hillcrest Road. With convenient ingress/egress, this property has considerable potential for development. This property also boasts a combined daily drive-by traffic of nearly 50,000 vehicles and a 5-mile radius population of 140,000 residents. Other commercial property types, such as retail, office, multifamily, and self-storage predominate this high-income area. This property is currently zoned B-3 for community business.
|
Additional Details
| Nearest MSA: |
Mobile |
| County: |
Mobile |
| Tax ID/APN: |
2808332000003007 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
17,630 |
77,695 |
153,506 |
| Median Age: |
36.74 |
37.65 |
36.61 |
| Households: |
8,300 |
32,543 |
61,990 |
|
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