Technical
Financial
Distress signals
Property profile

155 Water St Mobile, AL 36602

OFF-MARKET
Sports & entertainment properties
Property ID
US03-1505157
149,564 SF 4.61 ac lot Built 2013
Entity Owned 25-yr Hold Free & Clear
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Property profile

Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 2013
Total area 149,564 SF
Lot 4.61 ac (201,029 SF)
APN 29 06 40 0 012 008.XXX
UPID US03-1505157

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
  • Museum Event Venue
  • High School
  • City Government Office

Location

155 Water St Mobile, AL 36602-3710
Mobile metro Census 1200 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.85M
Blend (final) Blend
$11.34M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $12.6M +86.7%
Warehouse, storage $9.5M +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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