Property profile

2154 Dr Martin L King Jr Ave Mobile, AL 36617

OFF-MARKET
Investment properties
Property ID
US03-3164884
7,060 SF 0.86 ac lot Built 2010
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2010
Total area 7,060 SF
Lot 0.86 ac (37,462 SF)
APN 29 02 44 0 023 009.XXX
UPID US03-3164884

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2154 Dr Martin L King Jr Ave Mobile, AL 36617-3745
Mobile metro Census 600 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.45M
Comparable Approach Comparable
$978k
Blend (final) Blend
$1.25M

Owner & transaction history

since 2025
Last sale
$47,000
3 recorded transactions
2025
Price N/A
2009
$750,000
2007
$47,000

Zoning & alternative use

Top alternative use upside
Retail stores $1.5M +143.4%
Restaurant $1.4M +136.6%
Medical building $1.4M +128.8%

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
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