The property is an investment real estate unit located in Grelot Professional Park, with a total building size of 3,840 square feet. It is part of a professionally managed/maintained association within the park. The individual units feature interior finishes that include ceramic tile in the entrances and hallways, wainscoting, and wooden baseboards, and the layout is designed as separate units. Signage availability on Grelot Rd. is provided for each unit within the park.

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.

Debts

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$65k

Assessed land$6k

Assessed improvement$60k

Effective rate6.39%

Value estimate

· Oct 2026

$325k

$293k – $358k

AI approach$325k

NOI build-up

Gross scheduled income$56k

Vacancy & credit loss−$9k

Operating expenses−$12k

NOI · 1,986.91% cap applied$35k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?

$96/SF

ZIP average, outlier-cleaned · 45 recorded sales of this use type

Observed band · Q1–Q3$60 – $125

Qualifying comparables12

Cap rate analysis

How does the asset earn?

1,986.91%

$35k estimated NOI · market benchmarks for this use type

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

Zoning insight

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: Parking Facility

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Parking Facility12.0

Electrical Service11.2

HVAC Service11.2

5920 Grelot Rd Mobile, AL 36609

County assessor Recorded deeds · 15 transfers 12 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 · 18 properties nearby

Address Sale price Sold Size

5910 Grelot, Mobile, AL 36609-3604 $376,000 Mar 2025 2,878 SF

6348 Piccadilly Sq, Mobile, AL 36609-5303 $360,000 Feb 2024 3,679 SF

4087 Cottage Hl, Mobile, AL 36609-4226 $147,250 Jan 2024 3,073 SF

4308 Midmost, Mobile, AL 36609-5506 $200,000 Dec 2023 3,133 SF

6336 Piccadilly Sq, Mobile, AL 36609-5143 $486,000 Nov 2023 3,810 SF

663 Azalea, Mobile, AL 36609-1515 $346,900 Apr 2023 3,414 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

Value Estimation
$320,000

3,558 SF

3515 Montlimar Plz Dr

OFFICE BUILDING

3515 Montlimar Plz Dr, Mobile, AL 36609-1736

View Details
Value Estimation
$335,000

4,000 SF

4916 Oak Cir N Dr

OFFICE BUILDING

4916 Oak Cir N Dr, Mobile, AL 36609-4251

View Details
Value Estimation
$380,000

4,088 SF

6159 Omni Park Dr

OFFICE BUILDING

6159 Omni Park Dr, Mobile, AL 36609-5195

View Details
Value Estimation
$345,000

4,138 SF

718 Downtowner W Loop

OFFICE BUILDING

718 Downtowner W Loop, Mobile, AL 36609-5504

View Details
Value Estimation
$390,000

4,288 SF

616 Azalea Rd

OFFICE BUILDING

616 Azalea Rd, Mobile, AL 36609-1530

View Details
Value Estimation
$250,000

2,903 SF

3911 Pleasant Vly Rd

OFFICE BUILDING

3911 Pleasant Vly Rd, Mobile, AL 36609-2023

View Details

Similar Nearby for Sale

$441,500

2,597 SF

Office Building with Conference Room

B3-zoned office property with private parking, central HVAC, and accessible ramp entry.

3511 Montlimar Plaza Drive, Mobile, AL 36609

View Details
New

Contact for pricing
2,537 SF

Piccadilly Square Office Building For Sale

Professional office building in Piccadilly Square, great for investment.

6304 Piccadilly Square Dr, Mobile, AL 36609

View Details
Contact for pricing
6,300 SF

Office Building with Bullpens

Two large bullpen areas, front and rear parking, and recently updated major building components support office use.

1565 Hillcrest Rd, Mobile, AL 36609

View Details
$550,000

Four-Unit Office Building

B-3-zoned commercial property with a versatile multi-suite office configuration in Mobile.

4317 Midmost Dr, Mobile, AL 36609

View Details
Contact for pricing

Office Building for Sale

For-sale office property at 6312 Piccadilly Square Dr, offering space for professional and business uses.

6312 Piccadilly Square Dr, Mobile, AL 36609

View Details
New

Contact for pricing

Office Building For Sale

For-sale office building offering office space at 6317 Piccadilly Square Dr in Mobile, Alabama.

6317 Piccadilly Square Dr, Mobile, AL 36609

View Details

Similar in This City for Lease

Contact for pricing
3,318 sqft

Prime Office Building in Mobile

Six-story office building with modern updates and convenient location.

3103 Airport Boulevard, Mobile, AL

View Details
New

$16 SF/Yr

3,100 sqft

Office Building with Fenced Courtyard

Business-buffer zoning supports a professional office setting with private work areas, meeting space, storage, and on-site parking.

2058 Dauphin St, Mobile, AL 36606

View Details
Contact for pricing
5,200 sqft

Office Building with Fenced Yard

Interior areas include private offices, open workstations, training and conference rooms, reception, a break room, and storage.

5465 Able Ct, Mobile, AL 36693

View Details
New

Contact for pricing
9,400 sqft

Downtown Mobile Office Building

9,400 SF office building in downtown Mobile for rent.

68 St Francis St, Mobile, AL

View Details
New

Contact for pricing

Office Space for Lease

Flexible office leasing option in Mobile for businesses seeking dedicated workspace.

610 Providence Park Dr E, Mobile, AL 36695

View Details
New

Contact for pricing

Theodore Office Building For Rent

Office building on 2.73 acres near I-10.

Mobile, AL 36606

View Details

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?”

Get property leads for your goal.

How it works

Plans

Trial

Professional plan

Enterprise plan

5920 Grelot Rd Mobile, AL 36609

Property summary