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    1409 Government St Mobile, AL 36604

    For Sale
    $425,000

    6,584 SF Office, Vacant, $425K

    Property size:
    6,584 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This 6,584-square-foot, single-story office building in Mobile, Alabama's Midtown area is available for sale at $425,000 ($64.55/SF). Built in 1984, this Class B property sits on a 0.48-acre lot and features 25 parking spaces. The building, zoned B1, is currently vacant but offers excellent potential. Originally designed for two tenants, it presents an opportunity for an investor to lease out one side or for a single user to occupy the entire space. The property boasts a prominent glass storefront on Government Street, providing high visibility. A significant recent improvement includes a new roof installed in October 2023, featuring a two-ply glass felt, tar organic base, and rubber cap, backed by a five-year warranty. Located across from PNC Bank, west of Broad Street, the building benefits from strong traffic counts and convenient surface parking. Its ideal location and layout make it suitable for various professional uses, such as medical or legal practices. The fee-simple ownership offers complete control and potential for significant return on investment. The property requires renovation. The Mobile County property's APN is R022910223002009.

    Property Features for 1409 Government St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,584 SF
    Class
    B
    Lot Size
    20,909 SF

    Building Details

    Year Built
    1984
    Buildings
    1
    Stories
    1

    HighLights

    • 6,584 SF single‑story office building in Mobile, AL's Midtown, available for $425,000 ($64.55/SF).
    • New roof installed October 2023.
    • High traffic counts due to location across from PNC Bank.
    • Two leasable units, ideal for single user or multiple tenants.
    • Excellent investment opportunity in a prime Midtown location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Terry Steven PC Attorney Webb Morgan & Co Accountant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon 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
    -88.069889196422
    Latitude
    30.681268177999

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    FAQs

    What type of property is this?
    Office Property / Space - 6,584 SF Office, Vacant, $425K
    Where is this office property / space located?
    The property is located at 1409 Government St Mobile, AL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 6,584 SF single-story office building in Mobile, AL's Midtown, available for $425,000 ($64.55/SF).; New roof installed October 2023.; High traffic counts due to location across from PNC Bank.
    Request Owner's contact information
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    Mobile, AL 36604
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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
    1409 Government St Mobile, AL 36604
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