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Property profile & analytics
OFF-MARKET Estimated value $645,000
Office buildings

709 Azalea Rd Mobile, AL 36609-1507

4,872 SF 0.73 ac lot Built 1999
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US03-0839088
Property summary
AI-generated overview

This exceptional commercial property, located at 709 Azalea Road in Mobile, Alabama, offers a rare opportunity to acquire two Class A office buildings. The property sits on a 0.73-acre lot, conveniently situated just west of I-65 and north of Cottage Hill Road, providing excellent accessibility and visibility. The complex comprises two distinct buildings totaling 7,390 square feet of well-maintained office space. Building 1 (709A), encompassing 4,740 square feet, boasts impressive features including crown and chair moldings, a spacious open lobby, fourteen generously sized private offices, a dedicated conference room, file room, storage room, an open work area perfect for collaborative projects, a full kitchen, and four bathrooms. Both front and rear entrances provide convenient access. Building 2 (709B), offering 2,650 square feet, features a reception area, ten private offices, a conference room, a workstation room, a kitchen, two bathrooms, and a secure server room. This property is ideal for a variety of businesses seeking high-quality, well-appointed office space in a prime Mobile location. The asking price for the entire complex is $850,000, presenting a compelling investment opportunity. The property is available for both sale and lease, offering flexibility to suit individual needs.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Total area 4,872 SF
Lot 0.73 ac (31,929 SF)
APN 28 07 36 3 000 001.XXX
UPID US03-0839088
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jackson Charles Insurance Agency
  • Mc Neil Jackson Ahrens Financial Insurance Agency
  • Aveanna Hospice of Mobile (Coastal) Nursing Home
  • CWJ Contracting Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$609k
Blend (final) Blend
$645k
Owner & transaction history
INVESTMENTS L L C AZALEA
INVESTMENTS L L C AZALEA
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.0M +113.6%
Medical building $940,000 +100.8%
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