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    11 Midtown Park E Mobile, AL 36606

    Source: https://www.saltercompany.com
    For Sale
    $589,000

    Prime Midtown location, 5,574 SF office building.

    Property size:
    5,574 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 5,574-square-foot professional office building is situated in the desirable Midtown Mobile area, conveniently located east of I-65 and just off Dauphin Street. The property encompasses a generous 0.37 acres (16,049 square feet) and is currently zoned B-3, offering versatility for a range of professional or medical uses. Built in 2018, the building has undergone renovations and boasts a well-designed floor plan. Features include a welcoming lobby/waiting area, expansive open workspaces, multiple private offices, dedicated conference rooms, a convenient break room, a specialized "clean room," and two restrooms. Adding to its functionality is a full generator, ensuring uninterrupted operations. The building's layout is adaptable and suitable for various business needs. While currently available for sale at $589,000, a lease option is also available at a rate of $14.50 per square foot plus NNN. This presents a unique opportunity to acquire a well-maintained, modern office space in a thriving Midtown Mobile location. The property's size and amenities make it an ideal investment for businesses seeking a prominent and functional space.

    Property Features for 11 Midtown Park E

    General Information

    Property type
    Other office properties
    Square Feet
    5,574 SF
    Price / Square Foot
    $105
    Class
    C
    Elevators
    N/A
    Net Rentable
    5,574 SF
    Lot Size
    16,030 SF

    Building Details

    Year Built/Renovated
    1972/2009
    Buildings
    16030
    Stories
    1
    Units
    5

    HighLights

    • 5,574 sq ft professional office building in Midtown Mobile, AL, on a 0.37‑acre lot.
    • Features include multiple private offices, conference rooms, a break room, and a full generator.
    • Renovated in 2018 and zoned B‑3, ideal for professional or medical use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.120367
    Latitude
    30.68836

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    FAQs

    What type of property is this?
    Office property - Prime Midtown location, 5,574 SF office building.
    Where is this office property located?
    The property is located at 11 Midtown Park E Mobile, AL.
    What is the asking price?
    The asking price for this property is $589,000.
    What are key features of this property?
    This property features: 5,574 sq ft professional office building in Midtown Mobile, AL, on a 0.37-acre lot.; Features include multiple private offices, conference rooms, a break room, and a full generator.; Renovated in 2018 and zoned B-3, ideal for professional or medical use.
    (850) 564-0120
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    11 Midtown Park E Mobile, AL 36606
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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
    11 Midtown Park E Mobile, AL 36606
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