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Property profile & analytics
OFF-MARKET
Estimated value
$5,460,000
Hotels
19 Conception St Mobile, AL 36602-2901
Entity Owned
Absentee Owner
Free & Clear
Property ID
US03-1032768
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2017
Total area
61,518 SF
Lot
1.35 ac (58,937 SF)
APN
29 06 40 0 002 211.XXX
UPID
US03-1032768
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.99M
Comparable Approach
Comparable
$6.45M
Blend (final)
Blend
$5.46M
Owner & transaction history
Mobile Land And Realty Co LLC
Mobile Land And Realty Co LLC
since 2026
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$8.7M
+62.9%
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%
$5,400,000
6.5%
$4,985,000
7%
$4,630,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,330,000
Current use
INDUSTRIAL (GENERAL)
$8,685,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,195,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$5.46M
Range $4.91M – $6.01M · ±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
$89 / 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
Tax billed
$88,593
Tax year 2023
Assessed value
$1,953,620
Assessed 2023
Previous assessed
$1,953,620
+0.0% YoY
Effective rate
4.53%
On assessed value
Assessed land
$117,940
Assessed improvement
$1,835,680
Land market value
$589,700
Improvement market value
$9,178,400
Total market value
$9,768,100
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2017
Heating
FORCED AIR
Cooling
YES
Stories
5
Rooms
93
Bathrooms
5
Total area
61,518 SF
Lot
1.35 ac (58,937 SF)
APN
29 06 40 0 002 211.XXX
UPID
US03-1032768
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
HOTEL/MOTEL Current
Est. value
$5.3M
INDUSTRIAL (GENERAL)
Est. value
$8.7M
COMMERCIAL (GENERAL)
Est. value
$5.2M
HOTEL/MOTEL Current
INDUSTRIAL (GENERAL)
COMMERCIAL (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
2017
Heating
FORCED AIR
Cooling
Yes
Stories
5
Rooms
93
Bathrooms
5
Lot
1.35 ac
Current owner
From public records · entity-resolved
Mobile Land And Realty Co LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4 OFC PARK CIR STE #304, MOUNTAIN BRK, AL 35223-2690
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2026
—
Bienville Square Hotel LLC
—
Deed
related
$1,500,000 · Merchants & Marine Bank
Feb 26, 2026
$150,000
Mobile Land And Realty Co LLC
William Christopher Hunter
Warranty Deed
—
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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