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    7 Florida St Mobile, AL 36606

    For Sale
    $975,000

    High-demand area, renovated, exceptional visibility.

    Property size:
    5,648 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This 5,648 sq ft commercial building in Mobile, AL, sits on a 0.86-acre lot at a high-traffic intersection. Completely renovated since 2015, it boasts new wiring, plumbing (including two tankless hot water systems), four new HVAC units, and updated ductwork. Cosmetic upgrades include new flooring, sheetrock, vaulted ceilings, trim, and molding. The main floor features a large lobby with a reception desk, three large offices, six smaller offices, five bathrooms, a kitchen/break room, and ample storage. The second floor offers two large offices, two bathrooms, and a conference room. Exterior features include durable vinyl siding, a handicapped-accessible ramp, a new roof (2019), landscaped grounds with mature trees, an irrigation system, and a privacy fence enclosing a parking lot and concealing HVAC units and garbage bins. The property's excellent visibility and convenient location near the interstate and downtown Mobile make it ideal for various business types. Priced at $975,000.

    Property Features for 7 Florida St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,648 SF
    Lot Size
    37,462 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile - AL
    State
    Alabama
    Longitude
    -88.10011
    Latitude
    30.68707

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    FAQs

    What type of property is this?
    Commercial real estate - High-demand area, renovated, exceptional visibility.
    Where is this commercial real estate located?
    The property is located at 7 Florida St Mobile, AL.
    What is the asking price?
    The asking price for this property is $975,000.
    (251) 380-0990
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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.

    More about this property
    7 Florida St Mobile, AL 36606
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