Financial
Distress signals
Property profile

748 Lakeside Dr Mobile, AL 36693

FOR LEASE
Other warehouses
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Property ID
US03-3138856
6,956 SF 0.38 ac lot Built 1994
Last sale Apr 2020 · $257,760
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a combined office and warehouse facility totaling 6,400 square feet on a 0.38-acre lot in Mobile, Alabama, zoned B-3 (Community Business). It includes approximately 1,900 square feet of office space arranged with a reception/lobby, three private offices, a break room, and two restrooms, plus approximately 4,500 square feet of air-conditioned warehouse space. Warehouse access features two dock-high loading doors, two 12-by-10 roll-up doors, and one 12-by-10 ground-level door. A

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?
$4k
Tax billed · 2023
Assessed value$58k
Assessed land$20k
Assessed improvement$38k
Effective rate6.49%

Value estimate

· Sep 2026
$340k
$306k – $374k
AI approach$345k
NOI build-up
Gross scheduled income$46k
Vacancy & credit loss−$3k
Operating expenses−$13k
NOI · 273,300.00% cap applied$30k

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

Recently sold

What actually traded nearby?
$64/SF
Submarket average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$39 – $99
Qualifying comparables3

Cap rate analysis

How does the asset earn?
273,300.00%
$30k 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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office19.8
Restaurant16.2
Grocery Store12.1

Location

748 Lakeside Dr Mobile, AL 36693
County assessor Recorded deeds · 2 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
708 Lakeside, Mobile, AL 36693-5112 $360,000 Feb 2025 5,340 SF
3715 Lakeside S, Mobile, AL 36693-5155 $345,000 Jun 2023 5,288 SF
937 Butler, Mobile, AL 36693-5109 $200,000 Mar 2022 5,200 SF
751 Lakeside, Mobile, AL 36693-5113 $800,000 Oct 2021 10,280 SF
846 Butler, Mobile, AL 36693-5104 $235,000 Nov 2019 10,011 SF
4451 Government, Mobile, AL 36693-4805 $525,000 Jul 2019 5,946 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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