Financial
Distress signals
Property profile

369 S Mobile St Fairhope, AL 36532

FOR SALE
Retail space
Property ID
US03-0517743
1,283 SF 0.11 ac lot Built 1945
Last sale Apr 2024 · $499,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This retail property is located in Fairhope, Alabama, along Mobile Bay, with approximately 154 feet of road frontage. The site has historically been used for retail operations and was previously approved for a mixed-use development concept featuring retail space at street level with residential condominiums above; related development plans are retained for review. The property has no fuel tanks and has received a full release from the Alabama Department of Environmental Management (ADEM)

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$70k
Assessed land$60k
Assessed improvement$10k
Effective rate4.60%

Value estimate

· Sep 2026
$500k
$450k – $550k
AI approach$500k
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$2k
Operating expenses−$5k
NOI · 0.85% cap applied$13k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$168/SF
County average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$84 – $269
Qualifying comparables3

Cap rate analysis

How does the asset earn?
0.85%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBALDWIN

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.3
Auto Repair Shop10.0
Parking Facility10.0

Location

369 S Mobile St Fairhope, AL 36532
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
333 Fairhope, Fairhope, AL 36532-2317 $135,000 May 2024 1,320 SF
332 Fairhope, Fairhope, AL 36532-2318 $1,100,000 May 2024 1,918 SF
505 Fairhope, Fairhope, AL 36532-2111 $1,500,000 May 2024 3,139 SF
9990 Fairhope, Fairhope, AL 36532-4204 $2,500,000 Nov 2022 3,046 SF
307 Young, Fairhope, AL 36532-1845 $205,000 Oct 2022 1,040 SF
10525 Us Hwy 98, Fairhope, AL 36532-5405 $603,454 Dec 2020 2,340 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message