150 S Ann St Mobile, AL 36604
Property profile & analytics
150 S Ann St Mobile, AL 36604
- Investment properties
- 11,346 SF
- 1.38 lot acres
Property ID
US03-0879793
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.
Location Intelligence
Current Use by Public Records
- Heather B. Ortis, RPH / Pharmacy
- Jennifer Lorenz / Pharmacy
- higi / Physician
Property Details for 150 S Ann St
- Year built
- 1999
- Lot size
- 1.38 lot acres
- Property size
- 11,346 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 29 10 22 3 003 001.XXX
- APU
- 2910223003001XXX
Description
This 11,000-square-foot, single-story building, constructed in 1999, is situated on a 1.38-acre lot in Mobile, Alabama's Midtown area. The property boasts a prime location at a double-signalized intersection on Government Street (US Highway 90), a high-traffic thoroughfare with over 20,000 cars daily (2022 data). Its strategic position offers exceptional visibility and accessibility, with frontage on three major Mobile streets—Government Street, Ann Street, and Michigan Avenue—resulting in combined exposure to nearly 30,000 vehicles daily. The building, formerly a Rite Aid, is currently vacant and offers significant flexibility. With B2 Neighborhood Business zoning, it's adaptable for various uses, including office or retail spaces. The property features two curb cuts on Ann Street and two on Michigan Avenue, enhancing convenience and accessibility. The extensive frontage includes over 1308 linear feet on Government Street, 286 feet on Ann Street, and 156 feet on Michigan Avenue. The asking price is $1,495,000, translating to $135.91 per square foot. The property's APN is R022910223003001.000. This exceptional location and versatile building present a rare investment opportunity in a thriving Mobile neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,571,000
- AI Estimate
- $1,394,000
Market price range: $480k - $1.57MMarket price range: $387k - $1.39M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $960,000 Current use
- INDUSTRIAL (GENERAL)
- $1,600,000 Change: +67% Conversion: Moderate
- OFFICE BUILDING
- $1,235,000 Change: +29% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.0669
- Latitude
- 30.6818
- 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
$15,620
$48,080
$193,100
$241,180
-
$240,400
$965,500
$1,205,900
