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    800 Saint Louis St Mobile, AL 36602

    For Sale
    $2,200,000

    Two-story historic building for redevelopment in an Opportunity Zone.

    Property size:
    22,940 SF
    Lot size:
    1.33 Acres

    Property Features for 800 Saint Louis St

    General Information

    Size
    22,940 SF
    Lot size
    1.33 Acres

    Source: Milling Commercial Realty Agent Jeremy B Milling

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building Redevelopment Opportunity

    This is an excellent redevelopment opportunity located along St. Louis Street, encompassing an entire block and improved with a 2-story historic structure. Originally built as a school associated with St. Joseph's Catholic Church, it was later purchased and renovated for Wings of Life, a faith-based recovery program. The site is located in the "Automotive Alley" corridor, an area that has seen considerable redevelopment over the past 10+ years. Situated in an Opportunity Zone, this historical building offers many possibilities, including the potential for Historic Tax Credits and other incentive programs. The property has a size of 22940 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.054414
    Latitude
    30.690825

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    FAQs

    What type of property is this?
    School - Two-story historic building for redevelopment in an Opportunity Zone.
    Where is this school located?
    The property is located at 800 Saint Louis St Mobile, AL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Excellent redevelopment opportunity encompassing an entire block.; - Located in an Opportunity Zone with potential for Historic Tax Credits and other incentive programs.; - Historic 2-story structure with redevelopment possibilities.
    (251) 421-0919
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    800 Saint Louis St Mobile, AL 36602
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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
    800 Saint Louis St Mobile, AL 36602
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