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    406 S Royal St Mobile, AL 36603

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $6 SF/Yr ($6,066 /Mo)

    Spacious 11,200 sq ft space near I-10.

    Lot size:
    11,200 SF

    Description

    Added:
    Mar 21, 2025
    Days on Market:
    292
    This Mobile, Alabama property offers 11,200 square feet of combined office and warehouse space, ideally situated for convenient access to I-10. The layout includes approximately 1,200 square feet of office space, featuring two offices, open space suitable for sales or other uses, and two restrooms. The remaining 10,000 square feet comprises warehouse space, equipped with two 12-foot high by 10-foot wide loading doors – one at the front and one at the rear of the building. A small fenced yard is accessible from both the side and rear of the building, providing additional space and access to Joachim Street. Ample parking is available in front of the building, with additional parking located at the rear, accessible from St. Emanuel Street. The property is available for lease under a Modified Gross lease agreement with an annual rate of $6.5 per square foot. The property is located at 406 S Royal St, Mobile, AL 36603.

    Property Features for 406 S Royal St

    General Information

    Property type
    Warehouses
    Lease Type
    Modified Gross
    RSF (Rentable sq. ft)
    11,200 SF
    USF (Usable sq. ft)
    11,200 SF
    Total Parking Spaces
    15
    Elevators
    N/A
    Total Rate
    6066.67

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1

    HighLights

    • 11,200+ square foot office/warehouse available for lease in Mobile, AL.
    • Features 1,250 sq ft of office space, plus 10,000+ sq ft of warehouse area.
    • Convenient I‑10 access, two loading docks, and ample parking.
    Location Intelligence

    Current Use by Public Records

    Gulf Plating Co Pressure Washing Service

    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
    -88.061247
    Latitude
    30.728481

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    FAQs

    What type of property is this?
    Warehouse - Spacious 11,200 sq ft space near I-10.
    Where is this warehouse located?
    The property is located at 406 S Royal St Mobile, AL.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 11,200+ square foot office/warehouse available for lease in Mobile, AL.; Features 1,250 sq ft of office space, plus 10,000+ sq ft of warehouse area.; Convenient I-10 access, two loading docks, and ample parking.
    (251) 476-0808
    Request Owner's contact information
    406 S Royal St Mobile, AL 36603
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    Mobile, AL 36603
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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
    406 S Royal St Mobile, AL 36603
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