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    300 Azalea Rd Mobile, AL 36609-1981

    • Investment properties
    • 50,448 SF
    • 3.46 lot acres
    OFF-MARKET
    Value Estimation
    $845,000
    Location Intelligence
    Property ID
    US03-0710656
    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

    • Furniture Fair / Furniture Store / Mattress Store
    • Party City / Balloon Store / Candy Store
    • Dollar General / Dollar Store / Convenience Store
    • Western Union / Money Transfer Service
    • Goodwill Gulf Coast - Azalea Store/Donations & Community Center / Non-Profit Organization / Thrift Store

    Property Details for 300 Azalea Rd

    Year built
    1994
    Lot size
    3.46 lot acres
    Property size
    50,448 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    28 07 26 2 000 002.02X
    APU
    280726200000202X

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $855,000

    • CAP approach

      CAP return
      Estimation
      6%
      $900,000
      6.5%
      $905,000
      7%
      $870,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $815,000
      Geo Method
      $970,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $690,000
      Retail
      $830,000
      Mixed-Use
      $905,000
      Hospitality
      $865,000
      Educational
      $710,000
      Residential Income
      $810,000
      Energy
      $725,000
      Income-Based Land
      $710,000
      Food Service
      $905,000

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1496
    Latitude
    30.6741
    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
    $21,829
    $158,280
    $515,500
    $673,780
    -
    $791,400
    $2,577,500
    $3,368,900

    Comparable in this City

    • Value Estimation
      $350,000
      2,261 SF

      5400 Cottage Hl Rd

      STORE/OFFICE (MIXED USE) • 2,261 SF
      5400 Cottage Hl Rd, Mobile, AL 36609-4207
      View Details
    • Value Estimation
      $550,000
      6,890 SF

      5412 Cottage Hl Rd

      STORE/OFFICE (MIXED USE) • 6,890 SF
      5412 Cottage Hl Rd, Mobile, AL 36609-4207
      View Details
    • Value Estimation
      $1,410,000
      21,970 SF

      6305 Cottage Hl Rd

      STORE/OFFICE (MIXED USE) • 21,970 SF
      6305 Cottage Hl Rd, Mobile, AL 36609-3106
      View Details
    • Value Estimation
      $1,490,000
      15,810 SF

      6207 Cottage Hl Rd

      STORE/OFFICE (MIXED USE) • 15,810 SF
      6207 Cottage Hl Rd, Mobile, AL 36609-3113
      View Details
    • Value Estimation
      $445,000
      12,760 SF

      271 Azalea Rd

      STORE/OFFICE (MIXED USE) • 12,760 SF
      271 Azalea Rd, Mobile, AL 36609-1901
      View Details
    • Value Estimation
      $2,170,000
      9,647 SF

      415 Azalea Rd

      STORE/OFFICE (MIXED USE) • 9,647 SF
      415 Azalea Rd, Mobile, AL 36609-1628
      View Details

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    Similar Nearby for Lease

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      Flexible Workspaces in Mobile, AL
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      1242 sq ft office, prime location.
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      View Details
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    Mobile, AL 36609-1981
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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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