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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Amusement parks
2040 Schillinger S Rd Mobile, AL 36695-4171
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-3092631
Property profile
Verified
Property type
Amusement parks
Use group
ARCADES (AMUSEMENT)
Year built
2004
Total area
11,527 SF
Lot
1.57 ac (68,259 SF)
APN
27 07 36 4 000 024.002
UPID
US03-3092631
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
-
Pete's Party Castle Event Planning
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$617k
Blend (final)
Blend
$700k
Owner & transaction history
Ckd Properties LLC · 1 yrs held
Ckd Properties LLC
since 2025
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$735,000
+40.7%
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
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$520,000
Current use
WAREHOUSE, STORAGE
$735,000
Change: +41% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $950k (Feb 6 2025)
Last sale anchor
$950k
Feb 6 2025
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
$61 / 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
$12,106
Tax year 2023
Assessed value
$249,600
Assessed 2023
Previous assessed
$258,620
-3.5% YoY
Effective rate
4.85%
On assessed value
Assessed land
$53,240
Assessed improvement
$196,360
Land market value
$266,200
Improvement market value
$981,800
Total market value
$1,248,000
Applied tax rate
10.0000
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
Amusement parks
Use group
ARCADES (AMUSEMENT)
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
2
Total area
11,527 SF
Lot
1.57 ac (68,259 SF)
APN
27 07 36 4 000 024.002
UPID
US03-3092631
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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$520,000
WAREHOUSE, STORAGE
Est. value
$735,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
WAREHOUSE, STORAGE
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
2004
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.57 ac
Current owner
From public records · entity-resolved
Ckd Properties LLC
Entity
Mailing address
14353 CAT DEAKLE RD, GRAND BAY, AL 36541-3309
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2025
$950,000
Ckd Properties LLC
Driskell Properties INC
Warranty Deed
—
Feb 13, 2015
$950,000
Driskell Properties INC
Tolbert Ents LLC
Warranty Deed
—
Oct 20, 2009
—
Tolbert Enterprises LLC
Sopramco Cv8 LLC
Redemption Deed
related
$604,100 · Hancock Bank
Dec 2, 2008
$610,000
Sopramco Cv8 LLC
Auctioneer Of Mobile County
Trustees Deed
related
—
—
—
Tolbert Ents LLC
—
Deed Of Trust
related
$455,570 · Hancock Bk
—
—
Tolbert Ents LLC
—
Deed Of Trust
related
$327,000 · Miscellaneous Govt Agcy
—
—
Paradise Land Ents LLC
—
Deed Of Trust
related
$93,300 · Us Small Busn Admn
—
—
Tolbert Ents LLC
—
Loan Modification
related
$774,469 · Hancock Bk
—
—
Paradise Land Ents LLC
—
Deed Of Trust
related
$109,000 · Us Small Busn Admn
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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