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Land For Sale • 155 AC
Land Details: 155 Acres - total land area 71 Acres - net buildable 12 Acres - existing shopping center 19 - Total Parcels 9+ - Pad Sites under 3 Acres 3+ - Parcels greater than 3 acres Shopping Center portion was built 2008-2010. 67,768 Square Feet. 49% Occupancy. Existing Tenants NOI $275,847. Ample parking, with approximately 644 dedicated spaces surrounding the shopping center buildings.
| Institutional-Quality Asset with scale, visibility, and long-term relevance in a supply-constrained coastal Alabama market |
| 2nd Fastest Growing Market in Alabama benefiting from rapid residential growth throughout Eastern Mobile Bay and Baldwin County |
| Regional Retail Destination with Strategic Interstation Location at the IH-10/US-98 interchange, with more than 85,000 cars passing the site daily |
| Value-Add Upside through development, with remaining buildable land parcels suitable for retail, restaurant, hospitality, etc. |
| Expansion & Densification Potential - enhance in-place NOI through phase development, tenant re-mixing, or strategic pad sales. |
| Long-Term Growth Opportunity from continued corridor development, increased interstate traffic counts, and future commercial densification |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Mobile International | 23 min | - | 14.4 mi |
| Mobile Regional | 44 min | - | 23.8 mi |
Ryan Byrne
SRS Real Estate Partners
Ryan Byrne
SRS Real Estate Partners
