3511 Montlimar Plaza Drive, Mobile, AL 36609
SINGLE_FAMILY - Mobile, AL
- Added:
- Jun 9, 2025
- Days on Market:
- 368
- Last Refresh:
- Jun 11 at 9:06 pm
Property Features for 3511 Montlimar Plaza Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- B3
- Parking
- 15
- Parking features
- Parking Lot
- Window features
- Insulated Windows
- Interior features
- Reception Area, Restrooms
- Fencing
- Privacy
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 2807253000001016
- Size
- 2,597 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4314
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 1
- Flooring type
- Hardwood, Carpet
- Building materials
- Brick 4 Sides
- Roof type
- Asphalt
Listing agent Edward Ladd (251) 342-8000
Listing office Roberts Brothers Comm & Prop M Mobile, AL (251) 342-8000
Listing date Jun 9, 2025
Copyright © 2026 Mobile Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Office building with reception area, conference room, copy room, kitchen, and 2 restrooms
- Brick exterior (4 sides) with asphalt shingle roof
- Central heating and central air conditioning, plus electric cooling
- On‑site private off‑street parking lot
- Accessibility includes an accessible approach with ramp
- 4 offices within a 53' x 49' building footprint; public water and public sewer
Overview
Located at 3511 Montlimar Plaza Drive in Mobile, Alabama 36609, the building is positioned for straightforward access to I-65 and convenience to other parts of Mobile. The property sits on a 0.39-acre lot and is zoned B3.
The configuration is well-suited for a small professional services team seeking a dedicated office environment with multiple private rooms, a separate conference space, and an administrative support area (copy room). The presence of a reception area supports client-facing use, while the kitchen and two restrooms add day-to-day practicality for employees and guests. Private parking further supports tenant operations and ease of access.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.7k | $22.20 |
| − Vacancy | −$9.5k | −$3.66 |
| EGI | $48.1k | $18.54 |
| − OpEx | −$12.0k | −$4.63 |
| NOI | $36.1k | $13.90 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.134495
- Latitude
- 30.66635
