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    500 Saint Michael St Mobile, AL 36602

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    For Sale
    Contact for pricing

    Office building near downtown Mobile developments and amenities.

    Property size:
    8,500 SF
    Lot size:
    0.21 Acres

    Property Features for 500 Saint Michael St

    General Information

    Size
    8,500 SF
    Lot size
    0.21 Acres

    Source: Jones Aur Commercial Real Estate | Memphis Agent Jonathan Aur

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

    Overview

    Downtown Mobile Office Building

    The property is located within 5 minutes of several new developments in Downtown Mobile. These include The Lofts at Midtown, featuring 24 Class A lofts above 8,250 square feet of restaurant and retail space; the historic Old Gayfer's Building, a mixed-use development with 94 housing units and retail space; and the newly renovated Buick Building, offering Class A office space. The property is across the street from The Wheeler Lofts and Braided River Brewery, and within walking distance of the Greer’s Downtown Market. Additionally, the Port of Mobile is undergoing a $365.7 million modernization project led by the US Army Corps of Engineers to improve its infrastructure.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.049221
    Latitude
    30.691409

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    FAQs

    What type of property is this?
    Office building - Office building near downtown Mobile developments and amenities.
    Where is this office building located?
    The property is located at 500 Saint Michael St Mobile, AL.
    What are key features of this property?
    This property features: - Located within 5 minutes of multiple new Downtown Mobile developments.; - Close proximity to The Lofts at Midtown, featuring 24 Class A Lofts and retail space.; - Near the Historic Old Gayfer's Building mixed-use development with 94 housing units.
    (901) 212-0457
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    500 Saint Michael St Mobile, AL 36602
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    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
    500 Saint Michael St Mobile, AL 36602
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