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    Property profile & analytics

    227 Lexington Ave Mobile, AL 36603-5107

    • Office buildings
    • 1,758 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-0828640
    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

    • Office buildings

    Property Details for 227 Lexington Ave

    Year built
    1969
    Property size
    1,758 SF
    Property type
    Office buildings
    APN
    29 07 25 0 005 101.XXX
    APU
    2907250005101XXX

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0693
    Latitude
    30.6963
    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
    $772
    $1,140
    $10,420
    $11,560
    -
    $5,700
    $52,100
    $57,800

    Comparable in this City

    • Value Estimation by Request
      1,593 SF

      150 Palmetto St

      OFFICE BUILDING • 1,593 SF
      150 Palmetto St, Mobile, AL 36603-2216
      View Details
    • Value Estimation by Request
      2,707 SF

      651 Martin Luther

      OFFICE BUILDING • 2,707 SF
      651 Martin Luther, Mobile, AL 36603
      View Details
    • Value Estimation
      $290,000
      1,863 SF

      251 Saint Anthony St

      OFFICE BUILDING • 1,863 SF
      251 Saint Anthony St, Mobile, AL 36603-6460
      View Details
    • Value Estimation
      $455,000
      11,312 SF

      Mobile, AL 36603

      OFFICE BUILDING • 11,312 SF
      Mobile, AL 36603
      View Details
    • Value Estimation
      $390,000
      21,931 SF

      111 Canal St

      OFFICE BUILDING • 21,931 SF
      111 Canal St, Mobile, AL 36603-2203
      View Details
    • Value Estimation
      $295,000
      2,443 SF

      263 Conception St

      OFFICE BUILDING • 2,443 SF
      263 Conception St, Mobile, AL 36603-6464
      View Details

    Similar Nearby for Sale

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      Historic office building with parking in downtown Mobile.
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      Office building in Detonti Historic District with downtown access.
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      Historic Office Building For Sale

      Historic office building in Church Street East, move-in ready.
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    • $960,000
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      Turnkey Retail/Office with Drive-Thru

      Renovated retail/office building with drive-thru, prime Mobile location.
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    Similar Nearby for Lease

    • $500 /Mo
      1,000 SF

      549 Congress St, Mobile, AL

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    • $6 SF/Yr
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      Mobile Office/Warehouse For Lease

      Spacious 11,200 sq ft space near I-10.
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    • $4 SF/Yr
      30,000 SF

      Mobile Industrial Warehouse - 30,000 SF

      Spacious Alabama warehouse, ideal for various uses.
      111 Short Texas St, Mobile, AL 36603
      View Details
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    227 Lexington Ave
    Mobile, AL 36603-5107
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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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