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    Property profile & analytics

    2475 Commercial Park Dr Mobile, AL 36606-2038

    • Office buildings
    • 5,503 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Last Sale
    Jun 04, 2021
    $187,500
    Location Intelligence
    Property ID
    US03-0759758
    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

    • Lyon Gaylord C & Company Inc / Real Estate Agent
    • National Association of Letter Carriers Branch 469 / Labor Union

    Property Details for 2475 Commercial Park Dr

    Year built
    1967
    Lot size
    0.42 lot acres
    Property size
    5,503 SF
    Property type
    Office buildings
    APN
    29 09 29 2 000 117.XXX
    APU
    2909292000117XXX

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $200,000
      6.5%
      $235,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $220,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $200,000
      Mixed-Use
      $170,000
      Hospitality
      $170,000
      Educational
      $190,000
      Residential Income
      $165,000
      Energy
      $190,000
      Income-Based Land
      $185,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0995
    Latitude
    30.6692
    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
    $1,435
    $7,240
    $15,360
    $22,600
    -
    $36,200
    $76,800
    $113,000

    Comparable in this City

    • Value Estimation by Request
      2,880 SF

      2471 Commercial Park Dr

      OFFICE BUILDING • 2,880 SF
      2471 Commercial Park Dr, Mobile, AL 36606-2038
      View Details
    • Value Estimation by Request
      1,515 SF

      504 Holcombe Ave

      OFFICE BUILDING • 1,515 SF
      504 Holcombe Ave, Mobile, AL 36606-1573
      View Details
    • Value Estimation by Request
      5,440 SF

      Mobile, AL 36606

      OFFICE BUILDING • 5,440 SF
      Mobile, AL 36606
      View Details
    • Value Estimation by Request
      1,283 SF

      Mobile, AL 36606

      OFFICE BUILDING • 1,283 SF
      Mobile, AL 36606
      View Details
    • Value Estimation
      $620,000
      7,110 SF

      3213 Executive Park Cir

      OFFICE BUILDING • 7,110 SF
      3213 Executive Park Cir, Mobile, AL 36606-2844
      View Details
    • Value Estimation
      $560,000
      6,060 SF

      3233 Executive Park Cir

      OFFICE BUILDING • 6,060 SF
      3233 Executive Park Cir, Mobile, AL 36606-2844
      View Details

    Similar Nearby for Sale

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    • $299,000
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      Executive Park Office Building

      Mobile, AL Office Space - $699,000
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      Mobile Office Building Investment Opportunity

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      Mobile Office Building For Sale

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    Similar Nearby for Lease

    • $16 SF/Yr
      7,285 SF

      Midtown Mobile Office Space For Sale/Lease

      7,285 SF Office; Ample Parking; July 2024 Availability
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      View Details
    • $13 SF/Yr
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      Midtown Mobile Office Suite A

      850 SF Office, Ample Parking, Great Location
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      View Details
    • Contact for pricing
      3,318 SF

      Prime Office Building in Mobile

      Six-story office building with modern updates and convenient location.
      3103 Airport Blvd, Mobile, AL 36606
      View Details
    • $12 SF/Yr
      6,000 SF

      Mobile Office Space - 6,000 SF

      Flexible office space in prime Mobile location.
      2465 Commercial Park Dr., Mobile, AL 36606
      View Details
    • $15 SF/Yr
      1,848 SF

      Mobile Office Space: Bel Air Tower

      Prime Mobile office, 1848 sq ft, Suite 410.
      851 E I-65 Service Rd, Mobile, AL 36606
      View Details
    • $5 SF/Yr
      9,000 SF

      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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    2475 Commercial Park Dr
    Mobile, AL 36606-2038
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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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