Signalized Intersection in the Fast Growing Schillinger Rd. Corridor

Vacant Land for Sale
Catylist Listing ID: 30852089
Property Subtypes: Industrial, Office, Retail, Retail-Pad, Other
Gross Land Area: 0.45 Acres
Sale Price: $225,000
Unit Price: $500,000 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/10/2024

Overview / Comments

Major price drop, owner has another opportunity they want to take advantage of! Control the corner here at this signalized intersection in the fast growing Schillinger Rd. corridor of Mobile, AL. The property has been cleared and is ready to be developed. Sign lease conveys with property and provides more than enough income to cover the property taxes. Great investment to buy and hold with no expenses to control the development of this high traffic corner.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2804183003096XXX

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,949 49,699 115,503
Median Age: 38.53 34.72 37.26
Households: 1,157 20,356 46,111

Contact

Photograph of Listing Agent

Jay O'Brien, CCIM

Stirling Mobile Gulf Coast CMLS Member
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