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    423 Azalea Rd Mobile, AL 36609

    For Sale
    $529,000

    Versatile 8,534 sq ft building, 1.5 acres

    Property size:
    8,534 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property at 423 Azalea Road, Mobile, Alabama, presents a unique investment opportunity. The expansive 8,534 square foot building, formerly a Masonic Lodge, offers tremendous versatility. Its adaptable layout includes two offices, two restrooms, a kitchen, and ample storage space. A large main meeting/reception area and a spacious cafeteria are complemented by two enormous activity rooms with high ceilings, ideal for various uses. The property's functionality extends beyond the main building

    Property Features for 423 Azalea Rd

    General Information

    Property type
    Specialty properties
    Square Feet
    8,534 SF
    Lot Size
    65,340 SF

    Building Details

    Year Built
    1970
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -88.1509
    Latitude
    30.66726

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    FAQs

    What type of property is this?
    Specialty property - Versatile 8,534 sq ft building, 1.5 acres
    Where is this specialty property located?
    The property is located at 423 Azalea Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $529,000.
    (251) 662-5660
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    423 Azalea Rd Mobile, AL 36609
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    Mobile, AL 36609
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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
    423 Azalea Rd Mobile, AL 36609
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