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Moffett Road - 242 +/- Acres of Land (All or Part) 242 Acres of Commercial Land Offered at $3,630,000 in Mobile, AL 36618
Investment Highlights
- Dual Frontage on Both Moffett Road and University Blvd
- Moffett Road: 32,000 VPD - University Blvd: 17,500 VPD
- Property Can Be Sold ALL OR PART
- Favorable Zoning with B-3, B-1, R-3 and R-1 - Offering a large range of Use by Right
- Great Location Close to University of South Alabama, USA Health and I-65
- Multi Family, Residential or Retail Uses
Executive Summary
Herrington Realty, Inc. is pleased to present an exclusive opportunity to acquire approximately 242 acres in the Forest Highland area of Mobile, Alabama. The property features dual frontage on Moffett Road (US-98) and North University Boulevard, with approximately 32,000 vehicles per day on Moffett Road and easy access to Interstate 65. Approximately 18.68 acres of commercial frontage along Moffett Road is zoned B-1, B-3, and R-3, supporting retail, office, medical, Multi Family and service uses. The remaining ~223 acres of R-1 interior land is ideally suited for a master-planned residential community with the scale to support 500+ lots depending on density and design. The property can be purchased all or part to fit a buyer’s need. The property sits minutes from the University of South Alabama, USA Health Providence Hospital, and the Shops at Schillinger. At $3,630,000 (~$15,000 per acre), it represents an attractive basis for a mixed-use land position of this scale in one of West Mobile's most active growth corridors.
Property Facts
1 Lot Available
Lot
| Price | $3,630,000 | Lot Size | 242.00 AC |
| Price Per AC | $15,000.00 |
| Price | $3,630,000 |
| Price Per AC | $15,000.00 |
| Lot Size | 242.00 AC |
242 +/- Acres of Land. B-3 Zoning Size: 7.03 +/- Acres (Frontage on Moffett Road) .. B-1 Zoning Size: 6.54 +/- Acres (Frontage on Moffett Road) .. R-3 Zoning Size: 17.59 +/- Acres .. R-1 Zoning Size: 210.84 +/- Acres
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $263,580 | Total Assessment | $263,580 |
Property Taxes
Parcel Numbers
Land Assessment
$263,580
Improvements Assessment
$0
Total Assessment
$263,580
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Moffett Road - 242 +/- Acres of Land (All or Part)
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