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2660-2662 Spring Hill Ave - REDEVELOPMENT OPPORTUNITY SIGNALIZED CORNER 0.49 Acres of Commercial Land Offered at $550,000 in Mobile, AL 36607

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INVESTMENT HIGHLIGHTS

Includes two small buildings and a ±21,010 SF corner lot on Springhill Ave
Prime corner lot with great access and visibility to Springhill Ave (US Hwy 98)
Zoned B-2 - Neighborhood Business

2 parcels combined to total ±0.49 AC
Over 214’ frontage on Springhill Avenue

EXECUTIVE SUMMARY

Potential redevelopment opportunity located at a signalized intersection of Springhill Avenue (US Highway 98) and Mobile Street in Midtown Mobile, Alabama. Unparalleled visibility and full access to both streets, providing an ideal location for nearly any commercial user. Traffic counts on this portion of Springhill Avenue are over 25,000 vehicles per day as of 2023 (per ALDOT). This portion (½ mi radius) around Springhill Avenue is currently seeing tremendous redevelopment and growth, with Dollar Tree, Popeye’s, Cefco, and Big Tuna Car Wash all being newly developed since 2018. Owner will consider financing with acceptable terms.

2660-2662 Springhill_Flyer2025 (1)

PROPERTY FACTS Under Contract

Price	$550,000	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	Deferred Maintenance Redevelopment Project	Total Lot Size	0.49 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	City of Mobile B2 - Neighborhood Business

Price	$550,000
Sale Type	Investment
Sale Conditions	Deferred Maintenance Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	0.49 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	City of Mobile B2 - Neighborhood Business

1 LOT AVAILABLE

Lot

Price	$550,000	Lot Size	0.49 AC
Price Per AC	$1,116,402.18

Price	$550,000
Price Per AC	$1,116,402.18
Lot Size	0.49 AC

Listing is 2 parcels, 2 buildings & a total land area of ±21,460 SF (±0.49 acres). 2660 - bldg is ±897 SF & ±13,960 SF corner lot. 2662 - bldg is ±1,178 SF & ±7,050 SF lot.

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PROPERTY TAXES

Parcel Numbers	Multiple 29-07-23-0-003-097 29-07-23-0-003-096	Improvements Assessment	$37,980
Land Assessment	$11,500	Total Assessment	$49,480

PROPERTY TAXES

Parcel Numbers

Multiple

29-07-23-0-003-097
29-07-23-0-003-096

Land Assessment

$11,500

Improvements Assessment

$37,980

Total Assessment

$49,480

(251) 367-2970

CONTACT

Robert Cook
Vallas Realty Inc.

Listing ID: 35776546
Date on Market: 5/7/2025
Last Updated:
Address: 2660-2662 Spring Hill Ave, Mobile, AL 36607

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