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Investment Highlights

  • 2.3 Acre development site in Mobile’s medical district
  • Located Directly Across from Childrens and Women's Hospital
  • Adjacent Apartment Redevelopment Enhancing Surrounding Demographics
  • Zoned B1
  • Major Hospital Expansion Underway
  • Right-of-way entrance off Benerly Court

Executive Summary

The property offers excellent visibility, convenient access to Interstate 65, Downtown Mobile, and Surrounding Medical Campuses. Its size, location, and flexible zoning also make it suitable for senior housing, multifamily development, mixed-use projects, and other commercial uses permitted under B-1 zoning. With limited development sites remaining in this established Medical corridor. It presents an opportunity to participate in the appreciation and growth of the area.

Property Facts

Price $600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Healthcare
  • Medical
  • Single Family Development
Total Lot Size 2.30 AC
Zoning B1 - Typical permitted uses include medical and professional offices, administrative offices, Commercial, Resenditial, health care etc

1 Lot Available

Lot

Price $600,000
Price Per AC $260,892.25
Lot Size 2.30 AC

A rare opportunity to acquire 2.3 acres strategically located in the Heart of Mobile's growing Medical District.This site is well positioned to benifit from significant investment and redevelopment transforming the Springhill Ave Medical Corridor.

Description

Located in the heart of Mobile’s medical district. This is a rare opportunity to own/lease/develop a prime piece of real estate situated across from the renowned Mobiles Infirmary and the Women’s and Childrens hospital. This 2.23-acre lot is zoned B1 and is located on one of Mobiles main throughfares and offers high visibility and exposure. This lot is perfect for a variety of uses including but not limited to Medical Offices, professional services, single family homes or multi family development. With its high-profile location, the possibilities are endless. Don’t miss out on this rare opportunity to own/lease/develop a prime piece of real estate in one of Mobiles sought after location.

Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
29-07-25-0-004-159.001
Land Assessment
$70,120
Improvements Assessment
$4,340
Total Assessment
$74,460
  • Listing ID: 28731780

  • Date on Market: 6/12/2023

  • Last Updated:

  • Address: 1653 Spring Hill Ave, Mobile, AL 36604

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