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Property profile & analytics
OFF-MARKET
Estimated value
$5,800,000
Hotels
1485 Satchel Paige Dr Mobile, AL 36606-2538
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-2174402
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2018
Total area
65,342 SF
Lot
1.92 ac (83,461 SF)
APN
29 09 51 0 012 006.009
UPID
US03-2174402
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Home2 Suites by Hilton Mobile I-65 Government Boulevard Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.30M
Comparable Approach
Comparable
$6.85M
Blend (final)
Blend
$5.80M
Owner & transaction history
Mhc Mobile 2 LLC · 7 yrs held
Mhc Mobile 2 LLC
since 2018
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$9.2M
+62.9%
Commercial (general)
$7.3M
+28.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mobile submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mobile submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,735,000
6.5%
$5,295,000
7%
$4,915,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,660,000
Current use
INDUSTRIAL (GENERAL)
$9,225,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,295,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$4,935,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$5.80M
Range $5.22M – $6.38M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$89 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$109,942
Tax year 2023
Assessed value
$2,127,760
Assessed 2023
Previous assessed
$2,127,760
+0.0% YoY
Effective rate
5.17%
On assessed value
Assessed land
$229,780
Assessed improvement
$1,897,980
Land market value
$1,148,900
Improvement market value
$9,489,900
Total market value
$10,638,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2018
Heating
FORCED AIR
Cooling
YES
Stories
4
Rooms
10
Bathrooms
6
Total area
65,342 SF
Lot
1.92 ac (83,461 SF)
APN
29 09 51 0 012 006.009
UPID
US03-2174402
Jurisdiction
MOBILE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.7M
INDUSTRIAL (GENERAL)
Est. value
$9.2M
COMMERCIAL (GENERAL)
Est. value
$7.3M
OFFICE BUILDING
Est. value
$4.9M
HOTEL/MOTEL Current
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Heating
FORCED AIR
Cooling
Yes
Stories
4
Rooms
10
Bathrooms
6
Lot
1.92 ac
Current owner
From public records · entity-resolved
Mhc Mobile 2 LLC
Entity
Mailing address
1468 KIMBROUGH RD STE #103, GERMANTOWN, TN 38138-2422
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2022
—
Pr Mig Mobile Owner LLC
—
Deed
related
$204,550,000 · Pr Mig Mobile Opco LLC
Dec 13, 2018
$14,000,000
Mhc Mobile 2 LLC
Mobile Hotel Group LLC
Warranty Deed
$8,400,000 · Independent Bank
Jul 12, 2018
—
Mobile Hotel Group LLC
—
Deed
related
$341,669 · First State Bank
Dec 29, 2015
$1,219,000
Mobile Home2 Lodging LLC
Mcgowin Park LLC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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