Property summary
This five-story, 8,450 square foot medical office building at 1509 Government Street in Mobile County, Alabama, offers various suite options for lease. Built in 1968, the property sits on a 0.788-acre lot and features 68 parking spaces. Currently, 6,500 square feet of space is available for lease, with options ranging from smaller private offices (300-1,600 sq ft) on the second and fifth floors to the entire 6,500 sq ft third floor. The building is zoned B-2 and boasts excellent visibility and accessibility due to its prime location on Government Street, close to Downtown Mobile. Lease rates are competitive, ranging from $11 to $15 per square foot annually, with utilities (electricity and water) included. Several suites are move-in ready, including a spacious 1,600 sq ft suite (formerly occupied by Rent Expert) featuring a reception area, conference room, private offices, cubicles, workstations, and a server room. A smaller, 350 sq ft suite on the second floor is also available, offering a bright and convenient location near the elevator. The building's layout is flexible, allowing for customization to meet specific tenant needs. The APN is 2910214003005. This is an exceptional opportunity for medical professionals seeking a well-located, adaptable office space in Mobile.
Property profile
VerifiedCap rate & NOI
Current use
-
Law Firm
-
Construction Company General Contractor
-
Corporate Office
-
Artist
-
Telecommunications Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight