7 N Lawrence St, Mobile, AL
Historic two-story office building in Downtown Mobile for sale.
- Added:
- Jul 15, 2025
- Days on Market:
- 331
- Last Refresh:
- May 19 at 9:40 pm
Property Features for 7 N Lawrence St
General Information
- Standard status
- Active
- Size
- 3,296 SF
- Lot size
- 0.14 Acres
- Property subtype
- OFFICE
Listing agent John P. Vallas, Jr. (251) 751-7223
Listing office Vallas Realty, Inc. (251) 751-7223
Listing date Jul 15, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Vallas Realty, Inc.
HighLights
- Historic office building in Downtown Mobile.
- Located off Dauphin Street.
- Meticulously maintained and upgraded.
- 2‑story building.
- ±3,296 SF of space.
- Located at 7 North Lawrence Street.
Overview
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 | $73.2k | $22.20 |
| − Vacancy | −$12.1k | −$3.66 |
| EGI | $61.1k | $18.54 |
| − OpEx | −$15.3k | −$4.63 |
| NOI | $45.8k | $13.90 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.0484
- Latitude
- 30.6903
