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1380 N University Blvd
Mobile, AL 36618
Outparcel 4 · Land For Sale
·
2.95 AC
INVESTMENT HIGHLIGHTS
- Two out parcels of Walmart Neighborhood Market on University Boulevard available
- Zoned B2 - Neighborhood Business
- Out Parcel 4 is ±1.47 AC with ±271’ frontage
- Walmart Neighborhood Market opened in 2016, with 1.1M visitors in 2023 per placer.ai
- Out Parcel 1 is ±1.48 AC with ±387’ frontage
- Each out parcel is priced at $299,000
EXECUTIVE SUMMARY
Out Parcels of Walmart Neighborhood Market for sale on North University Boulevard in Mobile, Alabama. Other surrounding businesses include Mod Wash, Meineke, Auto Zone, Walgreens, Dollar Tree, KFC, Godfather’s Pizza, and McDonald’s. Both out parcels are Zoned B2 (Neighborhood Business) and have considerable frontage on North University Boulevard, in an area that sees over 17,000 VPD as of 2023, per ALDOT.
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | |
| No. Lots | 2 | Total Lot Size | 2.95 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | Cross Streets | Overlook Road |
| Zoning | B-2 - Neighborhood Business | ||
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.95 AC |
| No. Stories | 1 |
| Cross Streets | Overlook Road |
| Zoning | B-2 - Neighborhood Business |
2 LOTS AVAILABLE
Lot OP 1
| Price | $299,000 | Lot Size | 1.48 AC |
| Price Per AC | $202,027.03 |
| Price | $299,000 |
| Price Per AC | $202,027.03 |
| Lot Size | 1.48 AC |
Just South of US Highway 98
Lot OP 4
| Price | $299,000 | Lot Size | 1.47 AC |
| Price Per AC | $203,401.36 |
| Price | $299,000 |
| Price Per AC | $203,401.36 |
| Lot Size | 1.47 AC |
DESCRIPTION
Both out parcels are Zoned B2 (Neighborhood Business) and have considerable frontage on North University Boulevard, in an area that sees over 18,000 VPD as of 2023, per ALDOT and City of Mobile.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,016,040 | |
| Land Assessment | $156,320 | Total Assessment | $1,172,360 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$156,320
Improvements Assessment
$1,016,040
Total Assessment
$1,172,360
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