Technical
Financial
Distress signals
Property profile

1214 Michigan Ave Mobile, AL 36605

OFF-MARKET
Grocery and convenience stores
Property ID
US03-0406550
2,589 SF 0.25 ac lot Built 1988
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1988
Total area 2,589 SF
Lot 0.25 ac (10,720 SF)
APN 29 10 27 3 003 048.XXX
UPID US03-0406550

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Grocery & Convenience Store

Location

1214 Michigan Ave Mobile, AL 36605-1651
Mobile metro Census 1400 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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