Financial
Distress signals
Property profile

2861 Spg Hl Ave Mobile, AL 36607

OFF-MARKET
Banks
Property ID
US03-0650479
4,280 SF 1 ac lot Built 1988
Last sale Feb 2024 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a free-standing commercial building of approximately 4,280 square feet, located on Springhill Avenue in Mobile, Alabama. It is a former bank branch configured with a layout suited to retail or office-related uses, including a large open lobby area, a substantial conference room, and three private offices. Interior support and storage spaces include a break room and a dedicated file/tech room. The building includes three restrooms and four teller cages, reflecting its original

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?
$9k
Tax billed · 2023
Assessed value$132k
Assessed land$26k
Assessed improvement$106k
Effective rate6.52%

Value estimate

· Sep 2026
$325k
$293k – $358k
AI approach$325k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.8
Storage Facility14.3
Parking Facility14.3

Location

2861 Spg Hl Ave Mobile, AL 36607-2035
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2700 Mobile, Mobile, AL 36607 $4,645,271 Sep 2023 5,000 SF
2820 Spg Hl, Mobile, AL 36607-2060 $840,000 Mar 2022 17,153 SF
2957 Old Shell, Mobile, AL 36607-2820 $229,000 Sep 2021 2,488 SF
3351 Spg Hl, Mobile, AL 36607-1820 $620,000 Jun 2021 2,400 SF
100 Florida, Mobile, AL 36607-3010 $17,530,000 May 2021 41,441 SF
3208 Moffett, Mobile, AL 36607-1706 $750,000 Nov 2018 3,565 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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