Financial
Distress signals
Property profile

602 Azalea Rd Mobile, AL 36609

OFF-MARKET
Other investment properties
Property ID
US03-0484201
18,424 SF 0.84 ac lot Built 1987
Last sale Aug 2024 · $1,070,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is an approximately 17,985-square-foot office-warehouse building configured for office, retail, or warehouse uses. The retail portion totals approximately 8,062 square feet and includes four storefronts; it is designed to be easily divided, with each resulting space having its own restrooms and separate access. The warehouse portion totals approximately 9,923 square feet and features two 12-foot ground-level roll-up doors, with 14-foot eave heights and a 20-foot center height. The site provides approximately 240 feet of frontage along a portion of Azalea Road.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$13k
Tax billed · 2023
Assessed value$202k
Assessed land$26k
Assessed improvement$176k
Effective rate6.44%

Value estimate

· Sep 2026
$1.00M
$900k – $1.10M
AI approach$1.00M
Sales comparison$1.16M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$89/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$59 – $110
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionMOBILE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.2
Gym & Fitness11.2
HVAC Service10.5

Location

602 Azalea Rd Mobile, AL 36609-1528
County assessor Recorded deeds · 2 transfers 4 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6207 Cottage Hl, Mobile, AL 36609-3113 $1,285,000 Aug 2023 15,810 SF
415 Azalea, Mobile, AL 36609-1628 $1,909,436 Nov 2022 9,647 SF
271 Azalea, Mobile, AL 36609-1901 $412,000 May 2022 12,760 SF
750 Downtowner W, Mobile, AL 36609-5528 $615,000 Jul 2021 9,200 SF
6305 Cottage Hl, Mobile, AL 36609-3106 $1,200,000 May 2021 21,970 SF
5035 Cottage Hl, Mobile, AL 36609-4204 $2,931,933 Jan 2020 34,863 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?”
You own 602 Azalea Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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