For Sale
$249,000

94 East DrMobile, AL 36608

1.03-acre lot, multi-family zoning, near USA.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1.03-acre lot, identified by APN R022805211000012, presents a remarkable development opportunity in Mobile, Alabama. Located at 94 East Drive, 36608, this property is zoned for multi-family use, making it ideally suited for student housing development given its proximity to The University of South Alabama. The asking price is $249,000, translating to a land value of $241,747 per acre. The property's convenient location and zoning regulations offer significant potential for investors seeking high-return ventures in the thriving Mobile real estate market. The lot's size allows for substantial development, and the possibility of acquiring an adjacent 1-acre lot further enhances its appeal and potential scale. This is a rare opportunity to acquire a strategically located parcel of land in a high-demand area, perfect for those seeking to capitalize on the growing student population and the robust rental market. Detailed site plans and zoning information are readily available upon request. Serious inquiries only.

Property Details for 94 East Dr

Property type
Land
Lot Size (sq. ft)
44,867 SF

Location Insight

City
Mobile
County
Mobile
State
Alabama
Latitude
30.6880257
Longitude
-88.1804708
94 East Dr, Mobile, Alabama

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94 East Dr
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