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    69 St Michael St Mobile, AL 36602

    • Retail properties
    For Sale
    View listing
    $399,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 69 St Michael St

    Property type
    Retail properties

    Description

    1,500 SF restaurant Located on St. Michael Street, near the Battle House Hotel, RSA Building and numerous offices. Excellent walkability to over 500 business with more than 6,500 employees Turn-key restaurant/bar space, included FF&E and operating kitchen Available May 2024 LEASE RATE $21/SF/YR NNN; Taxes $1,800; Insurance: $1,500 SALE PRICE: $399,000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    State
    Alabama
    Longitude
    -88.0464
    Latitude
    30.6922

    Comparable in this City

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      600 Church St

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    Similar Nearby for Lease

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    69 St Michael 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
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