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    100 N Royal St Mobile, AL 36602

    Source: https://www.saltercompany.com
    For Lease
    $15 SF/Yr ($2,016 /Mo)

    Prime Mobile location, 1613 sq ft, NNN lease.

    Lot size:
    1,613 SF

    Description

    Added:
    Mar 18, 2025
    Days on Market:
    273
    This 1,613 square foot retail or office space, located in Suite D of the Staples Pake Building at 100 N Royal St, Mobile, AL 36602, presents a fantastic opportunity. Situated on St. Michael Street, this ground floor space offers a vanilla shell condition with the possibility of tenant improvement allowances based on creditworthiness. The building boasts a common area brick patio courtyard and is conveniently located next to the Ruby Slipper Cafe, providing high foot traffic and visibility. Suite D faces St. Michael Street, while Suite A (a separate space) faces Royal Street. The upper two floors house 20 residential units, adding to the vibrant atmosphere. Parking is available in a nearby lot. The property is zoned T6 - Urban Core, and the lease is a NNN (Net, Net, Net) type. The annual rent is $14.00-$16.00 per square foot.

    Property Features for 100 N Royal St

    General Information

    Property type
    Other office properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    1,613 SF
    USF (Usable sq. ft)
    1,613 SF
    Class
    C
    Elevators
    N/A
    Total Rate
    2016.25

    Building Details

    Year Built/Renovated
    1850/2016
    Buildings
    1
    Stories
    3

    HighLights

    • 1,613 sq ft ground floor office/retail space available in Mobile, AL.
    • Located in the Staples Pake Building, next to Ruby Slipper Cafe.
    • NNN lease, $14-$16 per sq ft yearly rent, parking available nearby.
    Insight Report Location Intelligence

    Current Use by Public Records

    Staples Pake Building Apartment Building Sunbelt Business Brokers Business Management Consultant Afford The Luxury Car Rental Agency Emanuel Building Historical Landmark Ruby Slipper Brunch Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.041262
    Latitude
    30.694093

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    FAQs

    What type of property is this?
    Office property - Prime Mobile location, 1613 sq ft, NNN lease.
    Where is this office property located?
    The property is located at 100 N Royal St Mobile, AL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1,613 sq ft ground floor office/retail space available in Mobile, AL.; Located in the Staples Pake Building, next to Ruby Slipper Cafe.; NNN lease, $14-$16 per sq ft yearly rent, parking available nearby.
    (251) 438-6000
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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
    100 N Royal St Mobile, AL 36602
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