Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1000 Downtowner Blvd Mobile, AL 36609-5409
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1000 Downtowner Blvd Mobile, AL 36609-5409

    View on Map
    • Office buildings
    • 6,972 SF
    • 1.46 lot acres
    Off-Market
    Property ID
    US03-3040676
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Stokes & Clinton PC / Law Firm

    Property Details for 1000 Downtowner Blvd

    Year built
    1978
    Lot size
    1.46 lot acres
    Property size
    6,972 SF
    Property type
    Office buildings
    APN
    28 07 26 4 000 009.01X
    APU
    280726400000901X

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1425
    Latitude
    30.6682
    CBSA code
    33660
    CBSA name
    MOBILE, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,452
    $44,600
    $51,260
    $95,860
    -
    $223,000
    $256,300
    $479,300

    Comparable in this City

    • Value Estimation by Request
      2,685 SF

      6333 Piccadilly Sq Dr

      OFFICE BUILDING • 2,685 SF
      6333 Piccadilly Sq Dr, Mobile, AL 36609-5103
      View Details
    • Value Estimation by Request
      2,083 SF

      524 Blvd W Park

      OFFICE BUILDING • 2,083 SF
      524 Blvd W Park, Mobile, AL 36609-3406
      View Details
    • Value Estimation by Request
      1,750 SF

      1266 Hutson Dr

      OFFICE BUILDING • 1,750 SF
      1266 Hutson Dr, Mobile, AL 36609-1311
      View Details
    • Value Estimation by Request
      6,536 SF

      4317 Downtowner N Loop

      OFFICE BUILDING • 6,536 SF
      4317 Downtowner N Loop, Mobile, AL 36609-5501
      View Details
    • Value Estimation by Request
      5,520 SF

      4313 Downtowner N Loop

      OFFICE BUILDING • 5,520 SF
      4313 Downtowner N Loop, Mobile, AL 36609-5540
      View Details
    • Value Estimation by Request
      3,679 SF

      6348 Piccadilly Sq Dr

      OFFICE BUILDING • 3,679 SF
      6348 Piccadilly Sq Dr, Mobile, AL 36609-5303
      View Details

    Similar Nearby for Sale

    • $1,750,000
      10,993 SF

      Mobile Medical Building Investment Opportunity

      Prime 10,993 SF medical building, 1.45 acres, for sale or lease.
      6001 Airport Blvd, Mobile, AL 36609
      View Details
    • $875,000
      6,300 SF

      Mobile Office Building - Prime Location

      Updated 6300 sq ft office building, ample parking.
      1142 Montlimar Dr, Mobile, AL 36609
      View Details
    • $850,000
      7,390 SF

      Class A Office Buildings, Mobile, AL

      Two premium office buildings: sale or lease.
      709 Azalea Rd, Mobile, AL 36609
      View Details
    • $435,000
      2,900 SF

      West Mobile Office Building - For Sale

      Prime West Mobile Office, Fully Furnished
      5910 Grelot Rd, Mobile, AL 36609
      View Details
    • $441,500
      2,597 SF

      Office Building Near I-65

      Office building with conference room, kitchen, and private parking.
      3511 Montlimar Plaza Dr, Mobile, AL 36609
      View Details
    • $365,000
      3,258 SF

      Mobile Office Building - 3000 SF

      Prime Mobile location, versatile office space.
      3506 Montlimar Plaza Dr, Mobile, AL 36609
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      41,000 SF

      Mobile Office Space - 41,000 SF

      Prime Mobile office space, I-65 & Airport Blvd. access.
      900 Western America Circle, Mobile, AL 36609
      View Details
    • $4,800 /Mo
      4,740 SF

      Prime Mobile Office Building

      4,740 SF Class A Office - Sale/Lease
      709 Azalea Rd, Mobile, AL 36609
      View Details
    • $12 SF/Yr
      990 SF

      Downtown Mobile Office Suite For Lease

      Modern 990 sq ft office, prime location.
      808 Downtowner Boulevard, Mobile, AL 36609
      View Details
    • $900 /Mo

      Airport Blvd Office Suite Available

      900 sq ft office, prime West Mobile location.
      6051 Airport Blvd, Mobile, AL 36609
      View Details
    • $1,800 /Mo
      1,800 SF

      Airport Blvd Office Space Available

      Modern Mobile Office, 1800 sq ft
      6051 Airport Blvd, Mobile, AL 36609
      View Details
    • $17 SF/Yr
      6,976 SF

      Mobile, AL Office Suite - 6,976 SF

      Prime Mobile office space; full-service lease.
      1110 Montlimar Dr, Mobile, AL 36609
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1000 Downtowner Blvd
    Mobile, AL 36609-5409
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!