Financial
Distress signals
Property profile

803 Government St Mobile, AL 36602

OFF-MARKET
Office buildings
Property ID
US03-3060276
7,754 SF 0.3 ac lot Built 1984
Last sale Jul 2024 · $910,000
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.
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Property summary

AI-generated overview

The property is a multi-tenant office building with office space on the second floor in Downtown Mobile, Alabama, located on Government Street. The subject suite provides approximately 1,880 square feet and includes a reception area, four offices, two restrooms, and a break room; the space is configured to allow expansion by adding an adjacent 1,800 square feet for a combined total of approximately 3,680 square feet. The building sits on a relatively large lot and includes free on-site parking

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?
$4k
Tax billed · 2023
Assessed value$118k
Assessed land$13k
Assessed improvement$105k
Effective rate3.18%

Value estimate

· Sep 2026
$910k
$819k – $1.00M
AI approach$910k
Sales comparison$1.21M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$178/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$106 – $241
Qualifying comparables5

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.2
Skin Care Clinic11.0
Spa & Massage10.9

Location

803 Government St Mobile, AL 36602-1113
County assessor Recorded deeds · 4 transfers 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
68 Saint Francis, Mobile, AL 36602-3811 $826,000 Jun 2025 9,294 SF
301 Saint Louis, Mobile, AL 36602-2822 $1,000,000 Dec 2023 5,865 SF
166 Government, Mobile, AL 36602-3100 $700,000 May 2022 8,448 SF
63 Dearborn, Mobile, AL 36602-1703 $420,000 May 2022 7,068 SF
601 Government, Mobile, AL 36602-1719 $875,000 Apr 2022 7,995 SF
3 Dauphin, Mobile, AL 36602-3707 $1,870,000 Feb 2021 9,114 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
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