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Financial
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Property profile

3511 Montlimar Plaza Dr Mobile, AL 36609

FOR SALE
Office buildings
Property ID
US03-0975419
2,830 SF 0.38 ac lot Built 2003
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office building measuring 53 feet wide by 49 feet deep, configured with four private offices, a conference room, a copy room, a reception area, a kitchen, and two restrooms. Interior finishes include hardwood and carpet flooring throughout. The building is located with convenient access to I-65 and to other parts of Mobile, and includes private off-street parking for occupants and visitors.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$61k
Assessed land$18k
Assessed improvement$43k
Effective rate6.49%

Value estimate

· Oct 2026
$335k
$302k – $369k
AI approach$335k
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$10k
Operating expenses−$12k
NOI · 8.18% cap applied$36k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$96/SF
ZIP average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$60 – $125
Qualifying comparables11

Cap rate analysis

How does the asset earn?
8.18%
$36k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMOBILE

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath13.3
Garden Center12.3
Gym & Fitness11.9

Location

3511 Montlimar Plaza Dr Mobile, AL 36609
County assessor Recorded deeds · not on file 11 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5910 Grelot, Mobile, AL 36609-3604 $376,000 Mar 2025 2,878 SF
3759 Professional, Mobile, AL 36609-5414 $465,000 Nov 2024 2,476 SF
1013 Downtowner, Mobile, AL 36609-5427 $91,075 Sep 2024 2,701 SF
4087 Cottage Hl, Mobile, AL 36609-4226 $147,250 Jan 2024 3,073 SF
4308 Midmost, Mobile, AL 36609-5506 $200,000 Dec 2023 3,133 SF
663 Azalea, Mobile, AL 36609-1515 $346,900 Apr 2023 3,414 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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