For Sale
$225,000

152 Schillinger Rd Mobile, AL 36608

High-traffic corner lot, ready for development.

Source: https://www.saltercompany.com

Overview

Added:
Feb 24
Days on market:
64
This exceptional 0.45-acre commercial lot sits at a signalized intersection on Schillinger Road in Mobile, Alabama (zip code 36608). The property is ideally located within a rapidly expanding commercial corridor, ensuring high visibility and accessibility. Previously cleared and ready for immediate development, this lot presents a unique opportunity for investors seeking a prime location. A current lease agreement conveys with the property, generating sufficient income to cover annual property taxes, making this a low-risk, high-reward investment. The significant price reduction reflects the seller's motivation to secure a separate opportunity. This is an excellent buy-and-hold investment, offering complete control over the development of this high-traffic corner lot. The property's size is approximately 19,602 square feet. The information provided is believed to be accurate but should be independently verified.

Highlights

  • High-traffic corner lot at a signalized intersection in Mobile, AL.
  • Cleared and ready for immediate development, minimizing upfront costs.
  • Existing lease provides income exceeding property taxes, ensuring positive cash flow.

Property Details for 152 Schillinger Rd

Property type
Land, Commercial land
Square Feet
19,602 SF
Price / Square Foot
$11.48
Elevators
N/A
Lot Size (sq. ft)
19,602 SF

Location Insight

City
Mobile
County
State
Alabama

FAQs

What type of property is this?
Land - High-traffic corner lot, ready for development.
Where is the land located?
The property is located at 152 Schillinger Rd Mobile, AL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: High-traffic corner lot at a signalized intersection in Mobile, AL.; Cleared and ready for immediate development, minimizing upfront costs.; Existing lease provides income exceeding property taxes, ensuring positive cash flow.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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152 Schillinger Rd
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