Technical
Financial
Distress signals
Property profile

1230 Montlimar Dr Mobile, AL 36609

OFF-MARKET
Warehouses
Property ID
US03-0762258
14,339 SF 1.49 ac lot Built 2022
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2022
Total area 14,339 SF
Lot 1.49 ac (64,774 SF)
APN 28 07 25 3 000 001.10X
UPID US03-0762258

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
  • Big Box & Wholesale Store

Location

1230 Montlimar Dr Mobile, AL 36609-1754
Mobile metro Census 3207 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.26M
Comparable Approach Comparable
$1.42M
Blend (final) Blend
$525k

Owner & transaction history

since 2018
6 recorded transactions
2023
Price N/A
2023
Price N/A
2021
Price N/A
2018
$528,000
2013
$170,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $2.0M +121.9%
Office building $1.4M +51.2%
Commercial (general) $1.3M +40.7%

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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