Financial
Distress signals
Property profile

1962 Spg Hl Ave Mobile, AL 36607

OFF-MARKET
Medical Office Space
Property ID
US03-0890626
2,208 SF 0.95 ac lot Built 1992
Last sale Dec 2022 · $410,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial office building is located in Midtown Mobile, near a prominent mansion and close to two hospitals, with access to Downtown Mobile within minutes. The property sits on a large lot with ample off-street parking and is suitable for a range of professional uses, including insurance and real estate offices and other service-oriented businesses. Historically, the building operated as an urgent care facility and can be adapted for uses such as a dental office, veterinary clinic, or

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$46k
Assessed land$12k
Assessed improvement$34k
Effective rate6.83%

Value estimate

· Sep 2026
$470k
$423k – $517k
AI approach$450k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$193/SF
Submarket average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$121 – $267

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMOBILE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.5
Nail Salon11.3
Auto Parts Store11.1

Location

1962 Spg Hl Ave Mobile, AL 36607-2304
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
151 Florida, Mobile, AL 36607-3009 $1,960,000 Nov 2024 3,806 SF
2620 Old Shell, Mobile, AL 36607-2921 $2,634,466 Apr 2024 8,828 SF
2505 Old Shell, Mobile, AL 36607-3021 $4,333,333 Sep 2022 11,556 SF
3060 Moffett, Mobile, AL 36607-1712 $275,000 Jun 2019 11,157 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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