You are browsing as a guest. Register to access key data for free.
Property profile

1916 Airport Blvd Mobile, AL 36606

OFF-MARKET
Retail properties & Spaces
Property ID
US03-1032156
3,590 SF 0.12 ac lot Built 2013
Individually Owned Free & Clear

Property summary

AI-generated overview

This exceptional 3,696 square foot Class A office building, constructed in 2014, is situated on a 5,228 square foot lot at a busy Midtown Mobile intersection where Dauphin Street, Government Boulevard, and Airport Boulevard converge. Previously a recording studio where Jimmy Buffett recorded early works, this two-story building has been completely rebuilt following a 2013 tornado. The property boasts excellent visibility and is zoned B-3 COMMUNITY BUSINESS, making it ideal for a variety of uses including creative office, executive office, or medical office space. Features include a security/alarm system with cameras, a home network/IT closet, tankless water heater, central HVAC (two years old), and washer/dryer. Utilities include Alabama Power, Mobile Area Water and Sewer System (MAWSS), Spire Gas, and Comcast internet. The asking price is $600,000 ($162.34 per square foot). This presents a unique investment or business opportunity in a high-traffic location.

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 2013
Total area 3,590 SF
Lot 0.12 ac (5,184 SF)
APN 29 10 21 3 000 051.XXX
UPID US03-1032156

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
  • Photography Service (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1916 Airport Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message