Technical
Financial
Distress signals
Property profile

1605 Hillcrest Rd Mobile, AL 36695

FOR SALE
Medical Office Space
Property ID
US03-0600906
5,409 SF 0.83 ac lot Built 1997
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A freestanding, fully brick medical office building on a corner lot totaling approximately 5,056 square feet, situated on an approximately 0.83-acre site with about 167 feet of frontage on Hillcrest Road. The site includes freestanding signage and a median cut providing access in both directions. The interior is configured for orthodontic and dental uses, with multiple exam and treatment rooms; reception and waiting areas; physician offices; an imaging and X-ray room; dedicated lab and sterilization areas; records and storage rooms; conference and staff spaces; and a break room. The property provides ADA-compliant restrooms and accessibility features, including ADA-accessible entry and parking, along with a covered patient drop-off and loading entrance. Exterior amenities include approximately 45 on-site parking spaces. The building has a newer roof and neutral finishes, and the layout supports either immediate use or tenant customization. It is located south of the Hillcrest Road and Grelot Road intersection near retail and service amenities, and is zoned B-3 Community Business, supporting orthodontic, dental, medical, and specialty healthcare uses and related investment as a medical asset in West Mobile.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1997
Total area 5,409 SF
Lot 0.83 ac (36,155 SF)
APN 28 08 33 2 000 003.002
UPID US03-0600906

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
  • Dental Office
  • Dental Office
  • Dental Office

Location

1605 Hillcrest Rd Mobile, AL 36695
Mobile metro Census 3706 MOBILE, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$830k
CAP Approach CAP
$1.13M
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$800k

Owner & transaction history

since 2021
Last sale
$633,000
2 recorded transactions
2021
$633,000
2011
$387,500

Zoning & alternative use

Top alternative use upside
Retail stores $1.1M +6.4%
Restaurant $1.1M +3.4%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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