Opportunity
Mobile Cityofmobile #RE-001-26
City of Mobile offers surplus vacant lot for sale on McGregor Avenue
Posted
July 31, 2026
Respond By
August 31, 2026
Identifier
RE-001-26
The City of Mobile Real Estate Department is offering a surplus city-owned vacant lot for sale on McGregor Avenue, Mobile, AL. - Property Details: - Vacant Lot 3, Fort Hardeman Subdivision (Key No. 12800123) - Approximately 2,953 square feet - Zoned R-1, but below minimum lot size for development under city code - Appraised value and minimum bid: $15,700 - Buyer Requirements: - Submit sealed bid with total purchase price (minimum $15,700), financing method, purchaser details, and terms of sale - Include rehabilitation timeline and demonstrate financial capability - Conduct own due diligence regarding permitted uses, rezoning, and development requirements - Responsible for environmental assessment, remediation, rezoning, and closing costs (except deed and title insurance) - Sale Terms: - Property sold as-is, with no warranties - City reserves right to reject any or all bids - Selection based on maximizing property value, encouraging private investment, and returning parcel to tax rolls - No OEMs or vendors are involved, as this is a real estate sale.
Description
The City of Mobile Real Estate Department is soliciting bids for the sale of a vacant lot located at McGregor Avenue, Mobile, AL. The lot is approximately 2,953 square feet with an appraised value of $15,700. Bidders must submit sealed bids including purchase price, financing method, and terms of sale by August 31, 2026. The City reserves the right to reject any or all bids and requires the property to be sold as-is.