Hillcrest Acreage

Vacant Land for Sale
Catylist Listing ID: 30053954
Property Subtypes: Multi-Family, Office, Retail, Other
Gross Land Area: 40 Acres
Sale Price: $5,250,000
Unit Price: $131,250 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/7/2018

Overview / Comments

40+/- acres in great location on Hillcrest just south of Airport. Approx. 650' on Hillcrest; 4.6+/- acres zoned B-2 and 35+/- acres zoned R-1. Existing house and barn on property given no value. Across the street from retail shopping centers and medical facility. Good location for retail office on the front and multi-family in the rear.

Additional Details

Nearest MSA: Mobile
County: Mobile
Zoning: B-2 & R-1
Property Located Between: Airport Blvd. and Grelot Rd.
Property Visibility: Excellent
Largest Nearby Street: Airport Blvd
Feet of Frontage: 650
Traffic/Vehicle Count: 25,300
Airports: Mobile Regional
Site Description: 40+/- acres of B-2 and R-1 property. Rear of property may be in a floodplain
Lot Frontage: 650
Lot Depth: 2600
Zoning Description: B-2 of 4.6+/- acres and R-1 of 35+/- acres
Topography: Rolling
Available Utilities: Electric
Water Service: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,614 71,088 158,134
Median Age: 33.85 37.08 36.29
Households: 6,890 29,795 63,614

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