Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,095,000
Assisted living facilities
3440 Hillcrest Rd Mobile, AL 36695-3180
Entity Owned
~
Est. High Equity
Property ID
US03-0441194
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2000
Total area
44,244 SF
Lot
3.69 ac (160,824 SF)
APN
33 03 08 4 000 001.501
UPID
US03-0441194
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Proveer at Heritage Woods Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.10M
Owner & transaction history
Mobile Al Realty LLC
Mobile Al Realty LLC
since 2026
Last sale
$3.7M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.8M
+271.3%
Retail stores
$4.3M
+173.8%
Office building
$3.9M
+147.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mobile submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mobile submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,590,000
ML approach
$4,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,845,000
Change: +271% · Conversion: Difficult
RETAIL STORES
$4,310,000
Change: +174% · Conversion: Difficult
OFFICE BUILDING
$3,895,000
Change: +147% · Conversion: Difficult
MEDICAL BUILDING
$3,400,000
Change: +116% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,130,000
Change: +99% · Conversion: Difficult
Blend value · Realmo final
$4.10M
Range $3.69M – $4.50M · ±10% · vs last sale $3.75M (Sep 13 2023)
Last sale anchor
$3.75M
Sep 13 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$93 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$53,662
Tax year 2023
Assessed value
$832,420
Assessed 2023
Previous assessed
$832,420
+0.0% YoY
Effective rate
6.45%
On assessed value
Assessed land
$50,060
Assessed improvement
$782,360
Land market value
$250,300
Improvement market value
$3,911,800
Total market value
$4,162,100
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
74
Total area
44,244 SF
Lot
3.69 ac (160,824 SF)
APN
33 03 08 4 000 001.501
UPID
US03-0441194
Jurisdiction
MOBILE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.8M
RETAIL STORES
Est. value
$4.3M
OFFICE BUILDING
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$3.1M
RESTAURANT
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
74
Lot
3.69 ac
Current owner
From public records · entity-resolved
Mobile Al Realty LLC
Entity
Mailing address
3440 HILLCREST RD, MOBILE, AL 36695-3180
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2026
$3,812,000
Mobile Al Realty LLC
Heritage Woods Re LLC
Special Warranty Deed
$16,600,000 · Dmt Spe I LLC
Sep 13, 2023
$3,748,476
Heritage Woods Re LLC
Proveer Al Investments LLC
Special Warranty Deed
$150,000 · Aod FCU
Dec 16, 2022
$2,780,000
Proveer Al Investments LLC
Nationwide Health Properties LLC
Special Warranty Deed
$6,100,000 · Mrw Annuity Trust I
Dec 30, 2010
$546,500
Nationwide Health Props INC
Mobile Al Re LP
Grant Deed
—
Jun 23, 2006
$49,000
Mobile Al Re
Mobile Assisted Living Ltd
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3440 Hillcrest Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
