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    Property profile & analytics

    23 Midtown W Park Mobile, AL 36606-4139

    • Office buildings
    • 4,617 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US03-0682943
    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

    • St. Joseph Hospice / Hospice
    • Daniel Spriggs / Family Practice Physician
    • NATASHA H ANDREWS / Nurse Practitioner
    • TASHA LATIYA JONES / Nurse Practitioner
    • Shanita Peoples / Nurse Practitioner / Medical Clinic

    Property Details for 23 Midtown W Park

    Year built
    1985
    Lot size
    0.66 lot acres
    Property size
    4,617 SF
    Property type
    Office buildings
    APN
    29 08 19 2 001 052.XXX
    APU
    2908192001052XXX

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $385,000
      6.5%
      $460,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $480,000
      Retail
      $455,000
      Mixed-Use
      $420,000
      Hospitality
      $415,000
      Educational
      $490,000
      Residential Income
      $465,000
      Energy
      $500,000
      Income-Based Land
      $445,000
      Food Service
      $505,000

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1216
    Latitude
    30.6874
    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
    $4,448
    $20,700
    $47,100
    $67,800
    -
    $103,500
    $235,500
    $339,000

    Comparable in this City

    • Value Estimation by Request
      1,123 SF

      9 Florida St

      OFFICE BUILDING • 1,123 SF
      9 Florida St, Mobile, AL 36606-1934
      View Details
    • Value Estimation by Request
      5,230 SF

      2587 Government Blvd

      OFFICE BUILDING • 5,230 SF
      2587 Government Blvd, Mobile, AL 36606-1613
      View Details
    • Value Estimation by Request
      384 SF

      3250 Cottage Hl Rd

      OFFICE BUILDING • 384 SF
      3250 Cottage Hl Rd, Mobile, AL 36606-3050
      View Details
    • Value Estimation by Request
      4,929 SF

      66 Midtown W Park

      OFFICE BUILDING • 4,929 SF
      66 Midtown W Park, Mobile, AL 36606-4148
      View Details
    • Value Estimation by Request
      1,339 SF

      277 Houston St

      OFFICE BUILDING • 1,339 SF
      277 Houston St, Mobile, AL 36606-4318
      View Details
    • Value Estimation by Request
      2,783 SF

      1000 Houston St

      OFFICE BUILDING • 2,783 SF
      1000 Houston St, Mobile, AL 36606-1140
      View Details

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    Similar Nearby for Lease

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      7,285 SF

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    • Contact for pricing
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    • $12 SF/Yr
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      Flexible office space in prime Mobile location.
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      Mobile Office Space: Bel Air Tower

      Prime Mobile office, 1848 sq ft, Suite 410.
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    • $5 SF/Yr
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      Midtown Park Office Space Available

      9,000 SF Office Suite - Mobile, AL
      67 Midtown Park E, Mobile, AL 36606
      View Details
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    23 Midtown W Park
    Mobile, AL 36606-4139
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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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