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    801 Executive Park Dr Mobile, AL 36606

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $699,000

    Mobile, AL Office Space - $699,000

    Property size:
    16,900 SF

    Description

    Added:
    Feb 28, 2025
    Days on Market:
    312
    This exceptional two-story office building, encompassing 16,900 square feet of versatile space, presents a compelling investment opportunity in Mobile, Alabama. Strategically situated in a convenient office park, the property enjoys easy access to I-65, bridging the gap between Downtown Mobile and West Mobile, ensuring excellent accessibility for employees and clients alike. The building offers a substantial net usable area of 16,562 square feet, providing ample room for various business configurations. The property's location within an established office park offers a professional and well-maintained environment. The building's size and layout make it suitable for a variety of uses, including general office space and medical offices. Given its prime location and substantial size, this property is well-suited for a 1031 tax exchange, offering significant tax advantages for qualified investors. The asking price is $699,000. The lot size is not specified. Further details regarding the building's specific features and amenities are available upon request. This presents a rare opportunity to acquire a significant commercial property in a thriving Mobile, AL location. Serious inquiries are encouraged.

    Property Features for 801 Executive Park Dr

    General Information

    Property type
    Other office properties
    Square Feet
    16,900 SF
    Price / Square Foot
    $41
    Class
    C
    Total Parking Spaces
    48
    Elevators
    N/A
    Net Rentable
    16,562 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Prime Mobile, AL location, easily accessible from I‑65.
    • Spacious 16,900 sq ft two‑story office building.
    • Suitable for 1031 tax exchange, offering significant investment potential.
    Location Intelligence

    Current Use by Public Records

    Byers Engineering Co Engineer Malkove & Associates Real Estate Developer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.122044
    Latitude
    30.663128

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    FAQs

    What type of property is this?
    Office property - Mobile, AL Office Space - $699,000
    Where is this office property located?
    The property is located at 801 Executive Park Dr Mobile, AL.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Prime Mobile, AL location, easily accessible from I-65.; Spacious 16,900 sq ft two-story office building.; Suitable for 1031 tax exchange, offering significant investment potential.
    (251) 344-5925
    Request Owner's contact information
    801 Executive Park Dr Mobile, AL 36606
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    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
    801 Executive Park Dr Mobile, AL 36606
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