Financial
Distress signals
Property profile

1420 Government St Mobile, AL 36604

FOR LEASE
Office buildings
View Listing
Property ID
US03-0975648
6,894 SF 0.27 ac lot Built 1950
Last sale Nov 2022 · $520,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$7k
Tax billed · 2023
Assessed value$103k
Assessed land$12k
Assessed improvement$91k
Effective rate6.41%

Value estimate

· Sep 2026
$635k
$572k – $699k
AI approach$565k
Sales comparison$836k
NOI build-up
Gross scheduled income$263k
Vacancy & credit loss−$43k
Operating expenses−$55k
NOI · 25,303.08% cap applied$164k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$109/SF
Submarket average, outlier-cleaned · 195 recorded sales of this use type
Observed band · Q1–Q3$64 – $170
Qualifying comparables6

Cap rate analysis

How does the asset earn?
25,303.08%
$164k 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.

JurisdictionMOBILE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.9
Spa & Massage15.8
Dental Office15.0

Location

1420 Government St Mobile, AL 36604
County assessor Recorded deeds · 5 transfers 6 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
1060 Spg Hl, Mobile, AL 36604-2724 $400,000 Nov 2023 5,489 SF
1668 Government, Mobile, AL 36604-1109 $1,000,000 Nov 2022 9,660 SF
962 Government, Mobile, AL 36604-2402 $175,000 Dec 2021 7,689 SF
1409 Government, Mobile, AL 36604-2003 $230,000 May 2021 6,642 SF
175 Lafayette, Mobile, AL 36604-1549 $210,000 Nov 2020 9,508 SF
918 Government, Mobile, AL 36604-2402 $429,000 Mar 2019 9,944 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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