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    Melissa Morrissette, Mobile, AL

    License ID: 76258
    Years of Experience
    3
    Association
    Mobile Area Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (251) 709-4736
    Office Address:
    5418 Old Shell Road, Mobile, AL

    Property Types

    • Land

    Performance

    Listings
    12
    Total transactions
    159
    Total transactions amount
    $122M
    Price range
    $375k - 1.2M
    Average price
    $767k

    Listings

    For Sale (12)

    View map
    • $60,000
      0.23 Acres

      Mobile Land Parcel For Sale

      Four contiguous wooded lots in Mobile Terrace, ready for development.
      5Th St, Mobile, AL 36608
      View Details
    • New
      $79,000
      0.24 Acres

      Waterfront Lot on Salt Water Creek

      Waterfront lot for dream home with water access and proximity.
      162 Orleans Dr, Dauphin Island, AL 36528
      View Details
    • $60,000
      0.23 Acres

      Residential Land in Mobile, AL

      Land for sale in Mobile, Alabama.
      5Th St, Mobile, AL 36608
      View Details
    • New
      $79,000

      Waterfront Lot on Salt Water Creek

      Waterfront lot for dream home on Dauphin Island.
      162 Orleans Dr, Dauphin Island, AL 36528
      View Details
    • $375,000
      0.16 Acres

      Gated Community Residence in Mobile

      Luxurious living in a gated community with minimal property maintenance.
      Canterbury Park, Mobile, AL 36608
      View Details
    • $375,000
      0.16 Acres

      Gated Community Residence in Mobile

      Residential property in a gated community with mature oak trees.
      Canterbury Park, Mobile, AL 36608
      View Details
    • $375,000
      0.17 Acres

      Gated Community Residence in Mobile

      Luxurious living in a gated community in the heart of Spring Hill.
      Canterbury Park, Mobile, AL 36608
      View Details
    • $375,000
      0.17 Acres

      Gated Community Residence in Mobile

      Luxurious living in a gated community with timeless aesthetic.
      Canterbury Park, Mobile, AL 36608
      View Details
    • $375,000
      0.17 Acres

      Gated Community Residence in Mobile

      Gated community in Spring Hill, new construction, luxurious lifestyle.
      Canterbury Park, Mobile, AL 36608
      View Details
    • $375,000
      0.17 Acres

      Gated Community Residence in Mobile

      Luxurious living in a gated community with minimal property maintenance.
      Canterbury Park, Mobile, AL 36608
      View Details
    • $375,000
      0.19 Acres

      Gated Community Residence in Mobile

      Upscale gated community living in the heart of Spring Hill.
      Canterbury Park, Mobile, AL 36608
      View Details
    • $375,000
      0.18 Acres

      Gated Community Residence in Mobile

      Upscale gated community living in the heart of Spring Hill.
      Canterbury Park, Mobile, AL 36608
      View Details

    Leases and Sales on Map

    • For Sale

    Properties for sale

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    Melissa Morrissette, Mobile, AL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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