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Property profile & analytics
OFF-MARKET Estimated value $560,000
Investment properties

157 Dauphin St Mobile, AL 36602-3211

5,570 SF 0.12 ac lot Built 1987
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US03-0077661
Property summary
AI-generated overview

This exceptional mixed-use property at 157 Dauphin St., Mobile, AL, presents a unique investment or owner-user opportunity. Priced at $675,000, this 5,207 square foot building boasts a prime downtown location directly across from Bienville Square, placing it in the heart of Mobile's activity, including Mardi Gras celebrations. Built in 1865, the two-story structure sits on a 0.12-acre lot and is zoned B2. The building comprises one unit across one building. The first floor has been completely renovated, showcasing beautiful exposed original brickwork, and offers potential for a restaurant with seating for up to 180 patrons. The second floor features a renovated and updated space suitable for office use or living quarters, complete with a large bathroom. This versatile property offers numerous possibilities for a discerning buyer. While some renovations have been completed, further development may be possible. All measurements are approximate, and buyers are advised to verify all information independently. The property's proximity to the Reese's Senior Bowl Office and the Dumb Waiter Restaurant further enhances its desirability.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1987
Total area 5,570 SF
Lot 0.12 ac (5,314 SF)
APN 29 06 40 0 002 264.XXX
UPID US03-0077661
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
  • New York High Style Department Store
  • Pro Acoustic Solutions Acoustical Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$560k
Owner & transaction history
Prl Investments LLC · 1 yrs held
Prl Investments LLC
since 2025
Last sale
$610,000
2 recorded transactions
2025
$610,000
2021
$600,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $785,000 +67.2%
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