3141 Schillinger Road

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3141 Schillinger Road

Semmes, AL 36575
Asking Price
$1.13M
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel totaling 2.68 acres in Semmes
  • Asking price for the Schillinger Road site is $1,125,000
  • Strategically located within the expanding Mobile metropolitan housing market
  • Suitable for residential development or site-specific construction projects
  • Property coordinates are situated at 30.7565, -88.2257

What's Special

Semmes serves as a growing suburban market within the Mobile metropolitan area, providing access to essential regional transportation routes. This 2.68-acre residential land parcel at 3141 Schillinger Road presents a straightforward development play in a region characterized by consistent residential expansion. Given the current market trajectory in Alabama, the site is positioned to accommodate various housing configurations or private residential projects. Investors and developers can evaluate the property for its utility in supporting local housing inventory demands. The site offers a clean slate for those seeking to leverage the upward trend of the submarket.

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NOI
$80,000
Cap Rate
7.11%
DSCR
1.20
Tight
Cash-on-Cash
3.91%
Monthly Payment
$5,565.886
Annual Cash Flow
$13,209.366

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