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    Property profile & analytics

    2623 Old Shell Rd Mobile, AL 36607-2943

    • Investment properties
    • 1,164 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $85,000
    Last Sale
    Feb 11, 2022
    $10,000
    Location Intelligence
    Property ID
    US03-0025067
    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

    • Investment properties

    Property Details for 2623 Old Shell Rd

    Year built
    1941
    Lot size
    0.22 lot acres
    Property size
    1,164 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    29 07 23 0 003 332.XXX
    APU
    2907230003332XXX

    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
    -88.1029
    Latitude
    30.6921
    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
    $756
    $6,600
    $4,560
    $11,160
    -
    $33,000
    $22,800
    $55,800

    Comparable in this City

    • Value Estimation by Request
      2,191 SF

      650 Palm St

      STORE/OFFICE (MIXED USE) • 2,191 SF
      650 Palm St, Mobile, AL 36607-1223
      View Details
    • Value Estimation
      $840,000
      10,075 SF

      Mobile, AL 36607

      STORE/OFFICE (MIXED USE) • 10,075 SF
      Mobile, AL 36607
      View Details
    • Value Estimation
      $375,000
      19,158 SF

      600 Western Dr

      STORE/OFFICE (MIXED USE) • 19,158 SF
      600 Western Dr, Mobile, AL 36607-1405
      View Details
    • Value Estimation
      $375,000
      8,492 SF

      2960 Old Shell Rd

      STORE/OFFICE (MIXED USE) • 8,492 SF
      2960 Old Shell Rd, Mobile, AL 36607-2822
      View Details
    • Value Estimation
      $345,000
      3,521 SF

      2151 Old Shell Rd

      STORE/OFFICE (MIXED USE) • 3,521 SF
      2151 Old Shell Rd, Mobile, AL 36607-3221
      View Details
    • Value Estimation
      $235,000
      2,348 SF

      1801 Old Shell Rd

      STORE/OFFICE (MIXED USE) • 2,348 SF
      1801 Old Shell Rd, Mobile, AL 36607-3416
      View Details

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    • Contact for pricing
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      Midtown Mobile Flex Space Opportunity

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    Similar Nearby for Lease

    • $1,100 /Mo
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      Midtown Mobile Office Space Available

      880 sq ft office, prime location, great lease terms.
      50 Tacon St, Mobile, AL 36607
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    • New
      $1,600 /Mo
      19,972 SF

      Mixed-Use Space with Warehouse

      Office and warehouse space near Old Shell Road and I-65.
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      View Details
    • $1,950 /Mo
      2,700 SF

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      2700 SF flex space for lease in Mobile, AL.
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    • $10 SF/Yr
      4,280 SF

      Prime Mobile Retail Space - Springhill Ave

      High-traffic location, 4,280 SF free-standing building. Excellent visibility.
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    • $10 SF/Yr
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      Midtown Mobile Retail/Office Space

      High-visibility retail/office space in renovated building.
      2724 Old Shell Rd, Mobile, AL 36607
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    • $4 SF/Yr
      148,371 SF

      Industrial Warehouses with Railway Access

      148,371± SF industrial space on 17.96± acres with parking.
      3378 Moffett Rd, Mobile, AL 36607
      View Details
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    2623 Old Shell Rd
    Mobile, AL 36607-2943
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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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