Commercial Development Lot Near Downtown
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: |
30298415 |
| Property Subtypes: |
Office, Retail
|
| Status: |
Pending |
| Gross Land Area: |
0.50 Acres
|
| Sale Price: |
$335,000 |
| Unit Price: |
$670,000 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/10/2024 |
Overview / Comments
Excellent retail development site along Broad Street with easy access to Downtown, Midtown and the Springhill Avenue corridor.
This 22,204± SF site is in the heart of the transformative Broad Street TIGER Grant renovation offering many development opportunities. Along the edge of the Henry Aaron Loop, this site is well positioned to benefit from the redevelopment of not only Broad Street but the more than $600MM being invested in the area including the new passenger airport at Brookley and the newly developed Civic Center property.
|
Additional Details
| Nearest MSA: |
Mobile |
| County: |
Mobile |
| Tax ID/APN: |
R022906400009001. |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Property fronts Broad St., State St., and St Anthony St. |
| Feet of Frontage: |
391 |
| Zoning Description: |
B-4, General Business |
| Topography: |
Level |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,579 |
60,397 |
122,465 |
| Median Age: |
39.7 |
37.11 |
35.37 |
| Households: |
4,231 |
23,611 |
48,017 |
|
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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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