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Property profile & analytics
OFF-MARKET
Estimated value
$8,870,000
Office buildings
1801 Broad St Mobile, AL 36615-1305
Entity Owned
Free & Clear
Property ID
US03-1387555
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2014
Total area
49,330 SF
Lot
19.98 ac (870,416 SF)
APN
32 01 52 0 002 002.XXX
UPID
US03-1387555
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
-
Airbus Americas Engineering Corporate Office Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.26M
Comparable Approach
Comparable
$8.38M
Blend (final)
Blend
$8.87M
Owner & transaction history
MOBILE AIRPORT AUTHORITY
MOBILE AIRPORT AUTHORITY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$10.1M
+88.5%
Restaurant
$9.9M
+83.2%
Medical building
$9.5M
+77.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mobile submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mobile submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,190,000
6.5%
$11,255,000
7%
$10,450,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,375,000
Current use
RETAIL STORES
$10,135,000
Change: +88% · Conversion: Moderate
RESTAURANT
$9,850,000
Change: +83% · Conversion: Moderate
MEDICAL BUILDING
$9,525,000
Change: +77% · Conversion: Easy
INDUSTRIAL (GENERAL)
$6,965,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$8.87M
Range $7.98M – $9.76M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$180 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$1,778,560
Assessed 2023
Previous assessed
$1,792,020
-0.8% YoY
Assessed land
$447,600
Assessed improvement
$1,330,960
Land market value
$2,238,000
Improvement market value
$6,654,800
Total market value
$8,892,800
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2014
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
5
Total area
49,330 SF
Lot
19.98 ac (870,416 SF)
APN
32 01 52 0 002 002.XXX
UPID
US03-1387555
Jurisdiction
MOBILE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.4M
RETAIL STORES
Est. value
$10.1M
RESTAURANT
Est. value
$9.9M
MEDICAL BUILDING
Est. value
$9.5M
INDUSTRIAL (GENERAL)
Est. value
$7.0M
OFFICE BUILDING Current
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
5
Lot
19.98 ac
Current owner
From public records · entity-resolved
MOBILE AIRPORT AUTHORITY
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 88004, MOBILE, AL 36608-0004
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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