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RESIDENTIAL PROPERTY - AUCTION ANNOUNCEMENT
7.5 ACRES OF PRIME RESIDENTIAL & UNDEVELOPED LAND
Positioned in the thriving Spring Hill corridor, this 7.5-acre parcel presents an exceptional residential development opportunity. Featuring level terrain, full utility access, and R-1 zoning, the site is primed for single-family construction in a high-demand market. Its proximity to I-65, schools, and retail centers enhances both convenience and long-term investment potential.
Appraisal ReportKey Features:
- 7.5 Acres of Prime Residential Land
- Situated on Mordecai Lane, just off McGregor Avenue in the desirable Spring Hill neighborhood of Mobile, Alabama.
- Conveniently located near I-65 with easy access to thriving businesses.
- Formerly a water reservoir site and now prepared for redevelopment, with plans to fill and level the existing basin.
- Soil and topography rated “adequate for development” with minimal landscaping and clear accessibility.
- Not located in a flood zone and no observable wetlands, ensuring straightforward construction.
- Zoned R-1 (Single-Family Residential) by the City of Mobile; ideal for a neighborhood of estate homes or luxury single-family lots.
- Utilities already available to the site (water, sewer, power, communications).
AUCTION INFO
Auction Date & Time
TBD
How To Submit A Bid
TBD