Commercial Development Lot Near Downtown

Vacant Land for Sale
Catylist Listing ID: 30298415
Property Subtypes: Office, Retail
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: 6/20/2024

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.

Attachments & Media

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

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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

Contact

Photograph of Listing Agent

Jeremy B Milling

Milling Commercial Realty Gulf Coast CMLS Member
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