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    4080 Government Blvd Mobile, AL 36693

    For Sale
    $680,000

    Prime multi-tenant office building, high income potential.

    Property size:
    6,750 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional investment opportunity presents a 6,750 square foot multi-tenant office building located at 4080 Government Boulevard in Mobile, Alabama. Situated on a 0.56-acre lot in the desirable Skyline area, this property boasts convenient access to major roadways including I-65, I-10, and Highway 90. The building features modern glass and brick construction, a new roof installed in 2017 with a 20-year warranty, and is zoned B-2. The seven individual units range in size from 675 to 1125 square feet. Currently, six of the seven units are leased, generating a substantial annual income of $65,100. A vacant 900 square foot unit is available for lease at $950 per month, offering the potential for an owner-occupant suite or additional rental income, projecting a fully leased annual income of $76,500. Each unit includes a reception area, private offices, kitchenettes, restrooms, and ample parking. The building offers both front and rear entrances for tenant convenience. The seller reports only one month of lost rental income in the past three years, highlighting the property's strong performance and tenant stability. This property is an ideal investment for those seeking a reliable, income-generating asset with low maintenance requirements and a prime location.

    Property Features for 4080 Government Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,750 SF
    Lot Size
    24,394 SF

    Building Details

    Year Built
    1962
    Property Profile Location Intelligence

    Current Use by Public Records

    Lavan Dental Solutions ... Dental Laboratory

    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
    -88.14384
    Latitude
    30.63679

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    FAQs

    What type of property is this?
    Commercial real estate - Prime multi-tenant office building, high income potential.
    Where is this commercial real estate located?
    The property is located at 4080 Government Blvd Mobile, AL.
    What is the asking price?
    The asking price for this property is $680,000.
    (251) 661-4660
    Request Owner's contact information
    4080 Government Blvd Mobile, AL 36693
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    Mobile, AL 36693
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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
    4080 Government Blvd Mobile, AL 36693
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