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Financial
Distress signals
Property profile

1206 Montlimar Dr Mobile, AL 36609

OFF-MARKET
Other warehouses
Property ID
US03-3115774
15,000 SF 1.5 ac lot Built 2005
Last sale Feb 2025 · $1,237,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This six-unit office and retail plaza is located in Mobile, Alabama, on a 1.47-acre lot and provides 15,200 square feet of leasable space within a multi-tenant building. The property is configured to accommodate multiple commercial tenants and is positioned for convenient access to area transportation routes and local amenities. The building was presented with an NNN (net, net, net) expense structure, which can reduce owner operational responsibilities by shifting certain costs to tenants.

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?
$13k
Tax billed · 2023
Assessed value$246k
Assessed land$75k
Assessed improvement$170k
Effective rate5.44%

Value estimate

· Oct 2026
$450k
$405k – $495k
CAP approach$1.32M
Submarket $/SF estimate$1.49M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$64/SF
Submarket average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$39 – $99
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service8.2
Veterinary Clinic8.1
Laundromat8.1

Location

1206 Montlimar Dr Mobile, AL 36609-1756
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3434 Michael, Mobile, AL 36609-1649 $2,312,000 May 2024 58,476 SF
265 Azalea, Mobile, AL 36609-1901 $448,400 Dec 2023 3,600 SF
1248 Montlimar, Mobile, AL 36609-1711 $730,000 Oct 2023 9,030 SF
1242 Montlimar, Mobile, AL 36609-1711 $800,000 Mar 2023 8,540 SF
4338 Downtowner S, Mobile, AL 36609-5410 $413,325 Feb 2022 6,000 SF
6293 Grelot, Mobile, AL 36609-3646 $822,275 Jul 2021 48,268 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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