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    Property profile & analytics

    3450 Spring Hill Ave Mobile, AL 36608

    • Investment properties
    • 47,098 SF
    • 7.02 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $3,270,000
    Last Sale
    Jun 16, 2022
    $2,950,000
    Location Intelligence
    Property ID
    US03-0491797
    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 3450 Spring Hill Ave

    Year built
    1997
    Lot size
    7.02 lot acres
    Property size
    47,098 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    28 06 37 1 001 001.XXX
    APU
    2806371001001XXX

    Description

    Springhill Plaza, located at 3450 SpringHill Ave in Mobile, Alabama (zip code 36608), offers prime medical office space in a highly visible location at the intersection of Springhill Avenue and Interstate 65. This multi-tenant building totals 47,331 square feet and currently has 10,000 square feet of vacant space available. The property is classified as both Office and Retail, with a primary subtype of Medical Office. Flexible space options are available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 20,000 square feet, catering to a variety of medical practices and businesses. The building's strategic location provides excellent access and visibility, making it an ideal location for medical professionals seeking a prominent presence in the Mobile market. This presents a unique opportunity to establish or expand a medical practice in a thriving area with convenient access to major transportation routes. Interested parties should inquire about available space and lease terms. The property's latitude and longitude coordinates are 30.7047735 and -88.1263171, respectively.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,900,000
      6.5%
      $2,875,000
      7%
      $3,230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,955,000
      Geo Method
      $3,060,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,285,000
      Retail
      $2,845,000
      Mixed-Use
      $2,835,000
      Hospitality
      $2,575,000
      Educational
      $2,880,000
      Residential Income
      $2,560,000
      Energy
      $3,000,000
      Income-Based Land
      $3,140,000
      Food Service
      $2,740,000

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1264
    Latitude
    30.7048
    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
    $39,168
    $214,200
    $378,520
    $592,720
    -
    $1,071,000
    $1,892,600
    $2,963,600

    Comparable in this City

    • Value Estimation by Request
      58,422 SF

      3950 Airport Blvd

      STORE/OFFICE (MIXED USE) • 58,422 SF
      3950 Airport Blvd, Mobile, AL 36608-2224
      View Details
    • Value Estimation
      $445,000
      3,800 SF

      4500 Old Shell Rd

      STORE/OFFICE (MIXED USE) • 3,800 SF
      4500 Old Shell Rd, Mobile, AL 36608-1921
      View Details
    • Value Estimation
      $465,000
      8,193 SF

      6510 Zeigler Blvd

      STORE/OFFICE (MIXED USE) • 8,193 SF
      6510 Zeigler Blvd, Mobile, AL 36608-3532
      View Details
    • Value Estimation
      $1,030,000
      3,115 SF

      3913 Airport Blvd

      STORE/OFFICE (MIXED USE) • 3,115 SF
      3913 Airport Blvd, Mobile, AL 36608-1621
      View Details
    • Value Estimation
      $12,270,000
      24,279 SF

      3696 Airport Blvd

      STORE/OFFICE (MIXED USE) • 24,279 SF
      3696 Airport Blvd, Mobile, AL 36608-1623
      View Details
    • Value Estimation by Request
      9,693 SF

      4674 Airport Blvd

      STORE/OFFICE (MIXED USE) • 9,693 SF
      4674 Airport Blvd, Mobile, AL 36608-3124
      View Details

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    Similar Nearby for Lease

    • $25 SF/Yr
      1,600 SF

      Spring Hill Retail Space - Lease Now

      High-visibility retail space, ideal location.
      4504 Old Shell Rd, Mobile, AL 36608
      View Details
    • $22 SF/Yr
      2,562 SF

      Historic Mobile Office Space For Lease

      Prime location, 2562 sq ft, flexible lease.
      3703 Old Shell Rd, Mobile, AL 36608
      View Details
    • $17 SF/Yr
      2,805 SF

      Mobile Office Space Available

      2805 sq ft office, NNN lease, available April 1st.
      4630 Bit And Spur Rd, Mobile, AL 36608
      View Details
    • $14 SF/Yr
      25,341 SF

      Plaza De Malaga Executive Suites

      Airport Blvd Office Space, Mobile, AL
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      View Details
    • $11 SF/Yr
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      West Mobile Office Suite E For Lease

      900 sq ft office, great West Mobile location.
      207 Tanner Williams Ct, Mobile, AL 36608
      View Details
    • $20 SF/Yr
      1,069 SF

      West Mobile Office Suite Available

      Modern 1069 SF Office, Great Location
      4682 Airport Blvd, Mobile, AL 36608
      View Details
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    3450 Spring Hill Ave
    Mobile, AL 36608
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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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