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    Property profile & analytics

    2051 Government St Mobile, AL 36606-1637

    • Investment properties
    • 6,625 SF
    • 0.82 lot acres
    OFF-MARKET
    Value Estimation
    $1,330,000
    Last Sale
    Nov 22, 2023
    $1,140,000
    Location Intelligence
    Property ID
    US03-0339476
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Advance Auto Parts / Car Accessories Store / Car Battery Store
    • UPS Access Point location / Shipping And Mailing Service / Mailing Service

    Property Details for 2051 Government St

    Year built
    1998
    Lot size
    0.82 lot acres
    Property size
    6,625 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    29 10 28 2 002 002.XXX
    APU
    2910282002002XXX

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,170,000
      6.5%
      $1,145,000
      7%
      $1,125,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,235,000
      Geo Method
      $1,195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $970,000
      Retail
      $1,080,000
      Mixed-Use
      $1,020,000
      Hospitality
      $890,000
      Educational
      $1,010,000
      Residential Income
      $1,195,000
      Energy
      $960,000
      Income-Based Land
      $1,045,000
      Food Service
      $1,145,000

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0888
    Latitude
    30.675
    CBSA code
    33660
    CBSA name
    MOBILE, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,345
    $21,440
    $75,620
    $97,060
    -
    $107,200
    $378,100
    $485,300

    Comparable in this City

    • Value Estimation by Request
      9,606 SF

      2206 Airport Blvd

      STORE/OFFICE (MIXED USE) • 9,606 SF
      2206 Airport Blvd, Mobile, AL 36606-1740
      View Details
    • Value Estimation by Request
      195,495 SF

      1310 Tingle E Cir

      STORE/OFFICE (MIXED USE) • 195,495 SF
      1310 Tingle E Cir, Mobile, AL 36606-2631
      View Details
    • Value Estimation by Request
      2,984 SF

      2202 Government St

      STORE/OFFICE (MIXED USE) • 2,984 SF
      2202 Government St, Mobile, AL 36606-1605
      View Details
    • Value Estimation by Request
      2,475 SF

      618 Houston St

      STORE/OFFICE (MIXED USE) • 2,475 SF
      618 Houston St, Mobile, AL 36606-4309
      View Details
    • Value Estimation by Request
      1,756 SF

      313 Glenwood St

      STORE/OFFICE (MIXED USE) • 1,756 SF
      313 Glenwood St, Mobile, AL 36606-1741
      View Details
    • Value Estimation by Request
      5,006 SF

      1800 Calmes St

      STORE/OFFICE (MIXED USE) • 5,006 SF
      1800 Calmes St, Mobile, AL 36606-4315
      View Details

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    Similar Nearby for Lease

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    • $25,000
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      Dauphin Street Land Lease Opportunity

      Prime Mobile, AL land for lease; ideal for various uses.
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      View Details
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    2051 Government St
    Mobile, AL 36606-1637
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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