1.56 Acre Parcel, High Pop Growth
Mobile, AL 36608
Mobile County, Alabama

Land Description
RI Marketplace Online Auction August 19-21, 2024.
Register to bid on Marketplace.
Investment Highlights
±1.56 AC of Land Adjacent to Dollar General with 16,145 VPD Traffic Counts Passing Nearby
13% Population Growth from 2010-2023 and Future Growth Anticipated (5-mile radius)
Nearby National Retailers: McDonald's, Winn-Dixie, Walgreens, Whataburger, Subway, O'Reilly Auto, Regions Bank, Circle K
Dr Horton Single Family Residential Community Planned/Under Construction, Located 0.5 Miles West
Population of ±54,380 Individuals and Average Household Income of (5-Mile Radius)
Limited Zoning Restrictions in Unincorporated Mobile County
Absolute Auction - NO Reserve
Offering Summary
Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±1.56-Acre development opportunity located adjacent to 10100 Airport Blvd (the “Property”) in Mobile, Alabama. This Property offers an exceptional investment opportunity via development and First BID Meets Reserve.
The Property consists of 1.56 acres of vacant land adjacent to Dollar General. The Property is in a robust trade area near a mix of residential and retail traffic drivers including Winn-Dixie, Walgreens, Whataburger, McDonald's, Subway, O'Reilly Auto, Regions Bank, and numerous local retailers. Additionally, the ongoing residential and commercial developments reflect the area's growth potential. Located less than 0.5-Miles from the Property is Heritage Lakes, a new single family residential community from DR Horton planned or under construction. There is no zoning in the unincorporated areas of Mobile County making this site suitable for a variety of commercial uses via adaptive reuse or repositioning. The Property is poised to benefit from its location in a high traffic area with ±16,145 vehicles per day on Airport Blvd and an additional ±12,055 vehicles per day on Snow Road, just east of the Property.
The Property is located in Mobile, Alabama within 2.5 miles of Mobile Regional Airport and approximately 20 miles west of downtown Mobile. The Property's location offers excellent real estate fundamentals within a robust area and extremely dense and compelling demographics with a 2023 population of ±54,380 people and average annual household income of within a 5-mile radius. The area has benefited from population growth of ±13.01% from 2010-2023 and will continue to benefit from a population that is expanding, with ±2.01% growth projected from 2023-2028 (10-Mile radius).
John Mickey Fowler
c/o Fisher Auction Company Inc.
License: Alsl466