Airport Blvd Frontage ~ Mobile, Al.

Expired Vacant Land for Sale
Catylist Listing ID: 29823297
Property Subtypes: Agricultural, Hospitality, Industrial, Multi-Family, Office, Retail-Pad, Self Storage
Gross Land Area: 13.15 - 13 Acres
Sale Price: $2,000,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Expired On: 9/12/2017
Last Updated: 9/12/2017

Overview / Comments

LOT 1
Total Size: 13.15 +/- Acres

LOCATION
North side of Airport Blvd. just East of Schillinger Rd.

• Zoned B3
• Located adjacent to the new Academy Sporting Goods store
• 566.86 +/- FF on Airport
• Strong Location on a major thorough- fare near a signalized intersection with good visibility and access.
• 36,200 +/- CPD
• 103,526 Est. Pop—5 Mile
• $70,675 Ave. HH Inc.—5 Mile
• Site is poised for Development

Utilities: Natural Gas—8 in Main
Water: 12 in Main
Sewer: 8 in located to the front of the property

Westgate Pavilion is located in the City of Mobile on Airport Blvd. West of the Interstate in the rapidly growing "West Mobile" submarket. North side of Airport Blvd. Just east of Schillinger Rd.

Mobile was ranked "Best Places to Live and Play" on National Geographic Adventures and Forbes named it "Fastest Growing Metro Areas" in 2008. Job creation is on the upswing after landing the top US Industrial project steelmaker ThyssenKrupp and Airbus Americas for it’s $600 million final assembly plant at Mobile's Brookley Aeroplex. International shipbuilder, Austal, has made Mobile it's US base of operations and recently added a $3.5 billion 10 ship contract with Navy to it's backlog of global defense contract work.

Attachments & Media

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile County Revenue Commission
Tax ID/APN: R022804192000003.
Zoning: B3
Market Type: Large
Property Located Between: Schillinger Rd and Border Dr.
Side of Street: North
Road Type: Paved
Property Visibility: Excellent
Legal Description: LOT 1 WESTGATE PAVILION S/D MAP BOOK 126 PAGE 110
Largest Nearby Street: Schillinger Rd.
Feet of Frontage: 567
Traffic/Vehicle Count: 36,300
Highway Access: Property is located in the City of Mobile on Airport Blvd. West of the Interstate in the rapidly growing “West Mobile”. 5.85 Miles to I-65 9.59 Miles to I-10 via Schillinger Rd.
Airports: Mobile Municipal Airport 3.4 miles North
Site Description: The Property is vacant and currently covered by hardwood trees, scrub brush and other vegetation. Milkhouse Creek crosses the Property north to south and the accompanying wetlands comprise approximately 4.86 acres (the eastern one-third of the property). Accessed from Airport Boulevard by one unpaved driveway to the front of the Property. Unpaved roads overgrown with vegetation cross the property.
Area Description: Mobile is the largest metropolitan area along the Gulf of Mexico between New Orleans and Tampa. New industry and jobs are on the rise. Airbus broke ground on a new $600M plane manufacturing facility in March 2013 which will employ 1,000 direct jobs. The plant is anticipated to create approximately 4,000 indirect jobs from Airbus suppliers. In 2010, ThyssenKrupp AG constructed a $5.2 billion steel mill in north Mobile County that is now producing carbon and stainless steel. The site has a current workforce of 1,700, and will eventually grow to 2,700 employees, and lead to an estimated 5,500 indirect jobs in the region. The Port of Mobile is the nation’s 7th largest full-service seaport handling in excess of 54 million tons annually. Late in 2010, the U.S. Navy awarded Austal USA a contract worth an estimated $3.5 billion to build up to 10 Littoral Combat Ships. The project will add 2,100 jobs to Austal’s workforce. Earlier that year, the Navy awarded Austal a $1.6 billion contract to build four Joint High Speed Vessels, resulting in the hiring of 800 employees. Forbes’ recently listed the city of Mobile as having the fastest projected rate of growth of any metropolitan area in the country, 34% between 2007 and 2012. Coastal Living Magazine named the city of Mobile as one of the top 10 winter getaway spots in the world. (January 2012). Alabama’s Tourism Department named Mobile’s Mardi Gras, with more than 1 million people in attendance, the most attended event in the state during 2011. (March 2012).
Lot Frontage: 567
Lot Depth: 1247
Zoning Description: B-3
Development Name: Westgate Pavilion
Topography: Rolling
Easements: Utilities
Available Utilities: Electric, Water, Gas, Sewer

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,000 61,305 133,490
Median Age: 36.93 35.45 36.51
Households: 1,731 24,883 53,657

Contact

Photograph of Listing Agent

Angela McArthur

Stirling Properties Mobile
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