Technical
Financial
Distress signals
Property profile

1606 Midway Ave Mobile, AL 36605

OFF-MARKET
Warehouses
Property ID
US03-0345848
15,190 SF 1.95 ac lot Built 1970
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Total area 15,190 SF
Lot 1.95 ac (84,942 SF)
APN 29 10 28 1 003 049.XXX
UPID US03-0345848

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
  • Moving Company
  • Moving Company Storage Facility

Location

1606 Midway Ave Mobile, AL 36605-1726
Mobile metro Census 1400 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
$684k
Blend (final) Blend
$375k

Owner & transaction history

since 2015
6 recorded transactions
2021
Price N/A
2020
Price N/A
2017
Price N/A
2015
$233,000
2012
$141,000
1969
Price N/A

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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