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Financial
Distress signals
Property profile

808 Spring Hill Ave Mobile, AL 36602

FOR SALE
Other sports & entertainment properties
Property ID
US03-0482720
10,495 SF 1.17 ac lot
Last sale Feb 2019 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 808 Spring Hill Avenue in Mobile, Alabama, the property consists of a 1.17-acre parcel on a city-block site in the downtown area, with frontage and visibility along Springhill Avenue and St. Louis Street. The site is designated under SWHD zoning, which allows for flexible redevelopment options, including potential mixed-use or institutional uses. The property is also positioned for residential development scenarios such as multifamily or townhomes.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$289k
Assessed land$51k
Assessed improvement$238k
Effective rate3.26%

Value estimate

· Oct 2026
$355k
$320k – $391k
Submarket $/SF estimate$832k
NOI build-up
Gross scheduled income$22
Vacancy & credit loss−$3
Operating expenses−$4
NOI$14

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$45/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$19 – $79

Cap rate analysis

How does the asset earn?
$14 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: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.6
Tailor Shop8.3
Garden Center8.2

Location

808 Spring Hill Ave Mobile, AL 36602
County assessor Recorded deeds · 3 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 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
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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