2350 Demetropolis Rd
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2350 Demetropolis Rd
12.5 Acres of Commercial Land Offered at $1,037,500 in Mobile, AL 36693
Executive Summary
New Price on Multi-family land located on busy Demetropolis Rd. just south
of Cottage Hill rd. Surrounded by single family subdivisions in one of the
fastest growing areas of Mobile. R3 Zoning allows for appr. 12 units/ac.
Good location and demographics for high rents.
This property includes 3 parcels: Key #s: 3131408, 1511689, and 3131391
of Cottage Hill rd. Surrounded by single family subdivisions in one of the
fastest growing areas of Mobile. R3 Zoning allows for appr. 12 units/ac.
Good location and demographics for high rents.
This property includes 3 parcels: Key #s: 3131408, 1511689, and 3131391
Property Facts
Price | $1,037,500 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | Apartment Units |
No. Lots | 1 | Total Lot Size | 12.50 AC |
Property Type | Land |
Price | $1,037,500 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Apartment Units |
Total Lot Size | 12.50 AC |
1 Lot Available
Lot
Price | $1,037,500 | Lot Size | 12.50 AC |
Price Per AC | $83,000 |
Price | $1,037,500 |
Price Per AC | $83,000 |
Lot Size | 12.50 AC |
Description
12.5 acres zoned R3 for Multi-Family in one of the fastest growing areas of Mobile. Appr. 12 units/ acre allowed on parcel. Appr. 1200 feet of frontage on Demetropolis Rd. X 978' IRR.
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zoning
Zoning Code | R3 (12 Units/acre) |
R3 (12 Units/acre) |
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2350 Demetropolis Rd
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