Development Site on Moffett Rd
Vacant Land
for Sale
| Catylist Listing ID: |
30144472 |
| Property Subtypes: |
Mobile Home Park, Multi-Family, Residential (Single Family), Retail, Self Storage
|
| Gross Land Area: |
4.22 Acres
|
| Sale Price: |
$395,000 |
| Unit Price: |
$93,601 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/5/2021 |
Overview / Comments
|
Redevelopment site less than 1 mile from I-65. Fronts Moffett Road (189 FT), plus two additional access roads - Reynolds Drive and Oak Lane Cir W (from Oak Lane Drive). All utilities to site. Gently sloping topography. Strong demographics (see 2nd page of brochure). Projected growth rate of 0.05%. Ideal for multi-family, residential subdivision, mini-storage development and more. Currently site has seven income-producing rental houses, can be sold as an investment piece as well (inquire with agent).
|
Additional Details
| Nearest MSA: |
Mobile |
| County: |
Mobile |
| Property Located Between: |
I-65 & Oak Cir Dr. |
| Property Visibility: |
Fair |
| Largest Nearby Street: |
Moffett Road |
| Feet of Frontage: |
189 |
| Traffic/Vehicle Count: |
37,700 |
| Area Description: |
Located less than one mile from I-65, site is situated on Moffett Road with a private drive (Reynolds Drive) for access to to the back portion of the property. Second access to property located off Oak Lane Drive (Cir W). |
| Lot Frontage: |
189 |
| Lot Depth: |
961 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,103 |
69,802 |
188,373 |
| Median Age: |
37.37 |
37.33 |
35.93 |
| Households: |
2,374 |
28,358 |
76,191 |
|
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
