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    Property profile & analytics

    1702 Government St Mobile, AL 36604-1104

    • Investment properties
    • 11,253 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US03-0246785
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • China Chef II / Chinese Restaurant

    Property Details for 1702 Government St

    Year built
    1993
    Lot size
    0.78 lot acres
    Property size
    11,253 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    29 10 21 4 001 068.XXX
    APU
    2910214001068XXX

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $515,000
      6.5%
      $450,000
      7%
      $470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $500,000
      Geo Method
      $515,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $545,000
      Retail
      $545,000
      Mixed-Use
      $530,000
      Hospitality
      $545,000
      Educational
      $430,000
      Residential Income
      $525,000
      Energy
      $530,000
      Income-Based Land
      $440,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0804
    Latitude
    30.6785
    CBSA code
    33660
    CBSA name
    MOBILE, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,109
    $17,000
    $60,880
    $77,880
    -
    $85,000
    $304,400
    $389,400

    Comparable in this City

    • Value Estimation by Request
      1,464 SF

      1100 Elmira St

      STORE/OFFICE (MIXED USE) • 1,464 SF
      1100 Elmira St, Mobile, AL 36604-2907
      View Details
    • Value Estimation by Request
      1,979 SF

      1052 Dauphin St

      STORE/OFFICE (MIXED USE) • 1,979 SF
      1052 Dauphin St, Mobile, AL 36604-2534
      View Details
    • Value Estimation
      $275,000
      9,059 SF

      1101 Old Shell Rd

      STORE/OFFICE (MIXED USE) • 9,059 SF
      1101 Old Shell Rd, Mobile, AL 36604-2618
      View Details
    • Value Estimation by Request
      3,610 SF

      1302 Virginia St

      STORE/OFFICE (MIXED USE) • 3,610 SF
      1302 Virginia St, Mobile, AL 36604
      View Details
    • Value Estimation by Request
      4,250 SF

      1100 Spg Hl Ave

      STORE/OFFICE (MIXED USE) • 4,250 SF
      1100 Spg Hl Ave, Mobile, AL 36604-2716
      View Details
    • Value Estimation by Request
      2,738 SF

      1073 Caroline Ave

      STORE/OFFICE (MIXED USE) • 2,738 SF
      1073 Caroline Ave, Mobile, AL 36604
      View Details

    Similar Nearby for Sale

    • $425,000
      6,690 SF

      Midtown Mobile Office Building

      Renovation Opportunity: 6,584 SF Office Building
      1409 Government St, Mobile, AL 36604
      View Details
    • $845,000
      5,220 SF

      Downtown Mobile Restaurant - Prime Location

      Historic BBQ Restaurant, Fully Equipped, 5,220 SF
      1111 Government St, Mobile, AL 36604
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    • $1,150,000
      1,422 SF

      Freestanding NNN Sonic Restaurant

      Single-tenant QSR property with long-term lease and passive income.
      1461 Spring Hill Ave, Mobile, AL 36604
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    • $850,000

      Prime Development Land For Sale

      0.7 AC parcel in Midtown Mobile with strong demographics.
      1258 Government St, Mobile, AL 36604
      View Details
    • $425,000
      6,584 SF

      Midtown Office Building For Sale

      Midtown office building with renovation potential and high visibility.
      1409 Government St, Mobile, AL 36604
      View Details
    • Contact for pricing
      0.28 Acres

      Undeveloped Land in Mobile, Alabama

      Unimproved lot ready for development in a convenient location.
      1808 Caster St, Mobile, AL 36604
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      1,250 SF

      Midtown Location with Drive-Thru

      Midtown Mobile location suitable for office or retail with drive-thru.
      1054 Dauphin St, Mobile, AL 36604
      View Details
    • $14 SF/Yr
      1,450 SF

      Retail Space on Spring Hill

      Retail space available in a busy Mobile strip center.
      1330 Spring Hill Ave, Mobile, AL 36604
      View Details
    • $10,500 /Mo
      8,648 SF

      Mobile Warehouse with Covered Dock

      8,648 SF warehouse with covered cross dock near port.
      1111 Virginia St, Mobile, AL 36604
      View Details
    • $3,300 /Mo
      2,454 SF

      Office Space on Old Shell

      Office space for lease in revitalized Midtown neighborhood.
      3202 Old Shell Rd, Mobile, AL 36604
      View Details
    • $12 SF/Yr
      8,450 SF

      Mobile Medical Office Suite 202

      Prime Medical Office Space, Mobile, AL
      1509 Government St, Mobile, AL 36604
      View Details
    • $14 SF/Yr
      11,200 SF

      Midtown Mobile Office Space Available

      11,200 SF Class A Office Building for Lease
      1668 Government St, Mobile, AL 36604
      View Details
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    1702 Government St
    Mobile, AL 36604-1104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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