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Property profile & analytics

1111 Government St Mobile, AL 36604

  • Turn key restaurants
  • 5,444 SF
  • 1.04 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US03-0036204
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

  • Saucy Q Bar B Que / Barbecue Restaurant / Bar

Property Details for 1111 Government St

Year built
1993
Lot size
1.04 lot acres
Property size
5,444 SF
Property type
Turn key restaurants
APN
29 06 39 0 004 060.XXX
APU
2906390004060XXX

Description

This exceptional turnkey restaurant opportunity is located at 1111 Government Street in Mobile, Alabama, within the vibrant Oakleigh Garden District. The property boasts a substantial 5,220 square feet of space, previously occupied by the well-known Saucy Q BBQ restaurant, offering immediate brand recognition within the community. The building is situated on a generous 46,060 square foot lot, providing ample parking – a rare and valuable asset in the downtown area. The asking price is $995,999, translating to $190.80 per square foot. The single-story building is zoned B2 and features a layout well-suited for restaurant operations. The interior includes a large seating area, multiple televisions ideal for game-day viewing, and a dedicated private dining area perfect for special events or private parties. This property presents a unique chance to acquire a fully equipped restaurant in a prime downtown location with built-in customer familiarity and a significant parking advantage. The property's history and location within the historic Oakleigh Garden district offer a compelling combination of established presence and desirable neighborhood appeal. This is an owner/user investment opportunity not to be missed.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $320,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $519,000
    Market price range: $390k - $1.87M
    AI Estimate
    $446,000
    Market price range: $446k - $985k

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


Location Insight

  • Map
  • Local Demand
City
Mobile
County
Mobile
State
Alabama
Longitude
-88.0604
Latitude
30.6836
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
$5,625
$27,260
$57,700
$84,960
-
$136,300
$288,500
$424,800
More about this property
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