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    Property profile & analytics

    1045 Novatan N Rd Mobile, AL 36608-9065

    • Assisted living facilities
    • 7,133 SF
    • 2.52 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Last Sale
    Sep 03, 2024
    $380,000
    Location Intelligence
    Property ID
    US03-0413642
    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

    • Hartland Specialty Care Assisted Living Memory Care / Assisted Living Facility

    Property Details for 1045 Novatan N Rd

    Year built
    1997
    Lot size
    2.52 lot acres
    Property size
    7,133 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    27 03 07 0 000 010.062
    APU
    2703070000010062

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $380,000
      7%
      $365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $360,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $435,000
      Retail
      $405,000
      Mixed-Use
      $380,000
      Hospitality
      $330,000
      Educational
      $420,000
      Residential Income
      $360,000
      Energy
      $375,000
      Income-Based Land
      $355,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.3107
    Latitude
    30.7122
    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
    $5,879
    $12,680
    $108,540
    $121,220
    -
    $63,400
    $542,700
    $606,100

    Comparable in this City

    • Value Estimation by Request
      68,818 SF

      3712 Dauphin St

      HOMES (RETIRED, NURSING) • 68,818 SF
      3712 Dauphin St, Mobile, AL 36608-1725
      View Details
    • Value Estimation
      $715,000
      6,332 SF

      6562 Old Shell Rd

      HOMES (RETIRED, NURSING) • 6,332 SF
      6562 Old Shell Rd, Mobile, AL 36608-3925
      View Details
    • Value Estimation
      $280,000
      3,126 SF

      615 Shady Oak Dr

      MEDICAL BUILDING • 3,126 SF
      615 Shady Oak Dr, Mobile, AL 36608-5830
      View Details
    • Value Estimation
      $305,000
      4,959 SF

      3602 Old Shell Rd, Unit B

      MEDICAL BUILDING • 4,959 SF
      3602 Old Shell Rd, Mobile, AL 36608-1393
      View Details
    • Value Estimation
      $410,000
      8,860 SF

      4310 Old Shell Rd

      MEDICAL BUILDING • 8,860 SF
      4310 Old Shell Rd, Mobile, AL 36608-2049
      View Details
    • Value Estimation
      $760,000
      49,282 SF

      6701 Airport Blvd

      MEDICAL BUILDING • 49,282 SF
      6701 Airport Blvd, Mobile, AL 36608-6705
      View Details

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      Prime residential development land near Airport Blvd.
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      Operating car lot near Airport Boulevard available for purchase.
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    • Contact for pricing
      0.17 Acres

      Residential Lots in Mobile, AL

      Corner property with wooded lots, ideal for building or rental.
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    • $225,000
      13.90 Acres

      13.9 Acres of Unimproved Land

      Two parcels of land totaling 13.9 acres for sale.
      401 Novatan Rd N, Mobile, AL 36608
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      10,000 SF

      Mobile Retail/Medical Space Available

      Prime Mobile location, flexible space, NNN lease.
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      View Details
    • Contact for pricing
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      Mobile, AL Retail & Medical Office Opportunity
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    • $4,800 /Mo
      3,742 SF

      Mobile Veterinarian Clinic - Suite A

      Prime Mobile vet clinic, 3742 SF, NNN lease.
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      View Details
    • $11 SF/Yr
      5,143 SF

      West Mobile Office Building

      Versatile Office Space, West Mobile
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      View Details
    • $15 SF/Yr
      47,331 SF

      Springhill Plaza Medical Office Space

      Mobile, AL Medical Office Suites Available
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    • $18 SF/Yr
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      Airport Blvd Retail Space Available

      High-traffic Mobile, AL retail space for lease.
      9948 Airport Boulevard, Mobile, AL 36608
      View Details
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    1045 Novatan N Rd
    Mobile, AL 36608-9065
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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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