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    Property profile & analytics

    3434 Michael Blvd Mobile, AL 36609-1649

    • Warehouses
    • 58,476 SF
    • 3.22 lot acres
    OFF-MARKET
    Value Estimation
    $2,395,000
    Last Sale
    May 28, 2024
    $2,312,000
    Location Intelligence
    Property ID
    US03-0585437
    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

    • CubeSmart Self Storage / Storage Facility / Self-Storage Facility

    Property Details for 3434 Michael Blvd

    Year built
    1967
    Lot size
    3.22 lot acres
    Property size
    58,476 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    28 07 25 4 000 020.XXX
    APU
    2807254000020XXX

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,340,000
      6.5%
      $2,375,000
      7%
      $2,505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,590,000
      Geo Method
      $2,745,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,535,000
      Retail
      $2,480,000
      Mixed-Use
      $2,575,000
      Hospitality
      $2,850,000
      Educational
      $2,535,000
      Residential Income
      $2,570,000
      Energy
      $2,335,000
      Income-Based Land
      $2,225,000
      Food Service
      $2,470,000

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.131
    Latitude
    30.6634
    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
    $17,336
    $43,700
    $239,220
    $282,920
    -
    $218,500
    $1,196,100
    $1,414,600

    Comparable in this City

    • Value Estimation by Request
      32,420 SF

      3665 Cottage Hl Rd

      MINI-WAREHOUSE, STORAGE • 32,420 SF
      3665 Cottage Hl Rd, Mobile, AL 36609
      View Details
    • Value Estimation
      $650,000
      10,808 SF

      1268 65th Service S Rd

      MINI-WAREHOUSE, STORAGE • 10,808 SF
      1268 65th Service S Rd, Mobile, AL 36609-1301
      View Details
    • Value Estimation
      $1,035,000
      25,450 SF

      6200 Grelot Rd

      MINI-WAREHOUSE, STORAGE • 25,450 SF
      6200 Grelot Rd, Mobile, AL 36609-3614
      View Details
    • Value Estimation
      $805,000
      7,280 SF

      6200 Grelot Rd

      MINI-WAREHOUSE, STORAGE • 7,280 SF
      6200 Grelot Rd, Mobile, AL 36609-3614
      View Details
    • Value Estimation
      $975,000
      48,268 SF

      6293 Grelot Rd

      MINI-WAREHOUSE, STORAGE • 48,268 SF
      6293 Grelot Rd, Mobile, AL 36609-3646
      View Details
    • Value Estimation
      $265,000
      6,950 SF

      1201 Hutson Dr

      WAREHOUSE, STORAGE • 6,950 SF
      1201 Hutson Dr, Mobile, AL 36609-1310
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Mobile Retail Warehouse Space For Lease

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      Mobile Flex Space: 42,695 SF, 3,345 SF Available
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    • $6,825 /Mo
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      Mobile Commercial Space - High Traffic Location

      Versatile Office/Retail/Warehouse Space Available
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    • $5,250 /Mo
      5,250 SF

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      5,250 SF office/warehouse on 0.83 AC near I-65.
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    • $1,700 /Mo
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      Retail/Office Space Near Restaurants

      1500 sqft suite available for lease near popular restaurants.
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    • $13 SF/Yr
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      Prime Mobile location, flexible suites available
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      View Details
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    3434 Michael Blvd
    Mobile, AL 36609-1649
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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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