For Sale
$110,000

3026 Cottage Hill RdMobile, AL 36606

Mobile, AL single-family rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 2,700 square foot, single-story building situated on a 0.35-acre lot in Mobile, Alabama. Currently vacant, this property, located at 3026 Cottage Hill Road, boasts a convenient location just east of the northeast corner of Cottage Hill Road and Bel Air Boulevard, behind a newly constructed Circle K. The building, constructed in 1975, is zoned R-3, permitting multifamily use. Previously utilized as a convenience store, a use variance is no longer applicable, restricting future use to multifamily residential. The property offers significant potential for conversion into apartments or a single-family rental, given its size and zoning. The asking price is $110,000, translating to $40.74 per square foot. The lot dimensions are approximately 100' x 150' x 94' x 180'. This fee-simple ownership opportunity presents a compelling investment prospect for those seeking a multifamily project in a desirable Mobile location. The property features a single unit and is offered as an owner/user investment with a NNN lease type. The parcel number is R022909303001053. This is a vacant property with significant upside potential for the right investor.

Highlights

  • 2,700 SF single-story building on a 0.35-acre lot in Mobile, AL.
  • Located at 3026 Cottage Hill Road, near Bel Air Blvd.
  • Vacant, R-3 zoning allows multifamily use.
  • $110,000 asking price ($40.74/SF).
  • Lot dimensions approx. 100' x 150' x 94' x 180', Parcel # R022909303001053.

Property Details for 3026 Cottage Hill Rd

Property type
Residential income homes
Square Feet
2,700 SF
Class
D
Year Built
1975
Buildings
1
Stories
1
Lot Size (sq. ft)
15,246 SF
Units
1

Location Insight

City
Mobile
County
Mobile
State
Alabama
Latitude
30.669003
Longitude
-88.1170498
3026 Cottage Hill Rd, Mobile, Alabama

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3026 Cottage Hill Rd
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