5502 Todd Acres DrMobile, AL 36619
- Retail properties
- 21,002 SF
Property Details for 5502 Todd Acres Dr
- Year built
- 1996
- Lot size
- 1.01 AC
- Property size (Sq ft)
- 21,002 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
- APN
- 33 07 37 0 003 016.006
- APU
- 3307370003016006
Description
This exceptional 49-acre commercial and industrial land parcel, located at 5502 Todd Acres Dr, Mobile, AL 36619 (APN 3307370003017004), presents a unique investment opportunity. The property is zoned B-5: Office-Distribution, making it perfect for distribution centers, headquarters, truck yards, container storage, or lay-down yards. Lots range in size from approximately 1.96 to 5.23 acres, with a price of $3.00 per square foot. The site boasts convenient access to Todd Acres Drive via Rangeline Road, offering easy connectivity. Strategically located within Mobile Commerce Park, a light industrial area with various established businesses, this property benefits from proximity to key infrastructure. It's only 9.5 miles (approximately 10 minutes) from Brookley Aeroplex and Mobile International Airport, and less than 11.6 miles (under 14 minutes) from the Alabama State Port. The owner is offering build-to-suit opportunities tailored to tenant needs, providing flexibility and customization. Individual lots are also available for purchase. This is an exceptional opportunity to acquire land in a thriving industrial area with excellent access and development potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,895,877
- 6.5%
- $4,519,271
- 7%
- $4,196,466
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,037,169
- Geo Method
- $3,762,441
-
Alternative Use
- Use
- Valuation
- Residential
- $3,812,174
- Hospitality
- $3,491,931
- Educational
- $2,905,246
- Medical
- $3,005,162
- Retail
- $4,519,271
Location Insight
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Latitude
- 30.5769
- Longitude
- -88.1472
- CBSA code
- 33660
- CBSA name
- MOBILE, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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