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    506 Holcombe Ave Mobile, AL 36606

    Source: https://www.saltercompany.com
    For Sale
    $94,900

    Prime Mobile Office, Updated, Leased

    Property size:
    1,881 SF

    Description

    Added:
    Feb 5, 2025
    Days on Market:
    305
    This 1,554 square foot office building, situated at 506 Holcombe Ave in Mobile, Alabama (zip code 36606), presents a compelling investment opportunity. Conveniently located near Government Street, it offers easy access to Interstates 65 and 10, placing it within minutes of Downtown Mobile. The building's central location provides proximity to shopping, parks, and schools. The property sits on a 0.17-acre lot and boasts recent updates including vinyl flooring and upgraded fixtures. The interior features a welcoming foyer, a spacious reception area, multiple offices, a sizable workroom, and a convenient kitchen/break room. A large backyard provides ample space for rear parking. Currently leased, this building is ideal for a small business owner or investor. While currently configured as an office, the property also holds potential for residential conversion. The total building size is 1,881 square feet, with 1,554 square feet of net usable space. The asking price is $94,900.

    Property Features for 506 Holcombe Ave

    General Information

    Property type
    Other office properties
    Square Feet
    1,881 SF
    Price / Square Foot
    $50
    Elevators
    N/A
    Net Rentable
    1,554 SF
    Lot Size
    7,379 SF

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    1

    HighLights

    • 1,554 sq ft office building for sale in Mobile, AL, centrally located near major highways and amenities.
    • Recently updated with vinyl flooring and modern fixtures, offering a move‑in ready space.
    • Large backyard provides ample parking, plus potential for residential conversion or investment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.089778
    Latitude
    30.672612

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    FAQs

    What type of property is this?
    Office property - Prime Mobile Office, Updated, Leased
    Where is this office property located?
    The property is located at 506 Holcombe Ave Mobile, AL.
    What is the asking price?
    The asking price for this property is $94,900.
    What are key features of this property?
    This property features: 1,554 sq ft office building for sale in Mobile, AL, centrally located near major highways and amenities.; Recently updated with vinyl flooring and modern fixtures, offering a move-in ready space.; Large backyard provides ample parking, plus potential for residential conversion or investment.
    (850) 564-0120
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    506 Holcombe Ave 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
    506 Holcombe Ave Mobile, AL 36606
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