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    Property profile & analytics

    1015 Montlimar Dr Mobile, AL 36609-1713

    • Office buildings
    • 5,952 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US03-0925448
    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.

    Current Use by Public Records

    • University of South Alabama College of Medicine - Department of Psychiatry / Psychiatrist / Academic Department
    • Dr. Ronald D Franks / Psychiatrist
    • Dr. Lorna Bland, MD / Psychiatrist
    • USA Health Psychiatry / Psychiatrist
    • Gardberg & Kemmerly, P.C. Attorneys at Law / Attorney / Disability Services And Support Organization

    Property Details for 1015 Montlimar Dr

    Year built
    1986
    Lot size
    0.45 lot acres
    Property size
    5,952 SF
    Property type
    Office buildings
    APN
    28 07 25 2 000 022.008
    APU
    2807252000022008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $330,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $295,000
      Mixed-Use
      $340,000
      Hospitality
      $275,000
      Educational
      $275,000
      Residential Income
      $365,000
      Energy
      $360,000
      Income-Based Land
      $320,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1325
    Latitude
    30.6699
    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
    $4,690
    $22,780
    $96,860
    $119,640
    -
    $113,900
    $484,300
    $598,200

    Comparable in this City

    • Value Estimation by Request
      1,216 SF

      524 Blvd W Park

      OFFICE BUILDING • 1,216 SF
      524 Blvd W Park, Mobile, AL 36609-3406
      View Details
    • Value Estimation by Request
      1,842 SF

      6200 Grelot Rd

      OFFICE BUILDING • 1,842 SF
      6200 Grelot Rd, Mobile, AL 36609-3614
      View Details
    • Value Estimation
      $260,000
      1,800 SF

      6308 Piccadilly Sq Dr

      OFFICE BUILDING • 1,800 SF
      6308 Piccadilly Sq Dr, Mobile, AL 36609-5143
      View Details
    • Value Estimation
      $265,000
      6,674 SF

      4321 Midmost Dr

      OFFICE BUILDING • 6,674 SF
      4321 Midmost Dr, Mobile, AL 36609-5532
      View Details
    • Value Estimation by Request
      7,044 SF

      3523 Montlimar Plz Dr

      OFFICE BUILDING • 7,044 SF
      3523 Montlimar Plz Dr, Mobile, AL 36609-1736
      View Details
    • Value Estimation
      $60,000
      4,606 SF

      3500 Montlimar Plz Dr

      OFFICE BUILDING • 4,606 SF
      3500 Montlimar Plz Dr, Mobile, AL 36609-1739
      View Details

    Similar Nearby for Sale

    • $1,095,000
      5,056 SF

      West Mobile Medical Office Building

      Prime medical office building, 5,056 SF, excellent location.
      1605 Hillcrest Rd, Mobile, AL 36609
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    • $600,000
      5,443 SF

      Montlimar Drive Class A Office

      Class A office space with net lease and parking.
      1180 Montlimar Dr, Mobile, AL 36609
      View Details
    • $850,000
      0.73 Acres

      Two Class A Office Buildings

      Two Class A office buildings for sale or lease.
      709 Azalea Rd, Mobile, AL 36609
      View Details
    • $441,500
      0.39 Acres

      Mobile Office Building For Sale

      Office building with conference room, kitchen, and private parking.
      3511 Montlimar Plaza Dr, 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
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    • $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

    Similar Nearby for Lease

    • $750 /Mo
      750 SF

      Mobile Office Space - 750 SF

      Prime Mobile location, 750 sq ft office suite.
      4318 Downtowner Loop N, Mobile, AL 36609
      View Details
    • $2,500 /Mo
      3,000 SF

      Mobile Office Building - 3000 SF

      Prime Mobile Office Space: Lease or Buy. Ideal Training Facility.
      3506 Montlimar Plaza Dr, Mobile, AL 36609
      View Details
    • $12 SF/Yr
      1,900 SF

      Downtown Mobile Office Space Available

      Modern 1900 sq ft office suite, ideal location.
      808 Downtowner Boulevard, Mobile, AL 36609
      View Details
    • $15 SF/Yr
      4,705 SF

      Gateway Center West Office Suite

      Modern Mobile Office Space Available
      1201 Montlimar Dr, Mobile, AL 36609
      View Details
    • $17 SF/Yr
      2,000 SF

      Mobile Office Space: 2000 sq ft

      Modern, renovated office suite in prime Mobile location.
      1110 Montlimar Dr, Mobile, AL 36609
      View Details
    • $790 /Mo
      790 SF

      Mobile, AL Office Space For Lease

      790 sq ft office suite; prime location.
      4318 Downtowner Loop N, Mobile, AL 36609
      View Details
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    Mobile, AL 36609-1713
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    Realmo Value Estimation

    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.

    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.

    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
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