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    Property profile & analytics

    356 State St Mobile, AL 36603-6442

    • Office buildings
    • 5,862 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US03-0678702
    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

    • Mutual Savings Life Insurance Co / Insurance Agency / Life Insurance Agency
    • Oakleigh Custom Woodworks, LLC / Woodworker / Construction

    Property Details for 356 State St

    Year built
    1951
    Lot size
    0.16 lot acres
    Property size
    5,862 SF
    Property type
    Office buildings
    APN
    29 06 40 0 003 086.XXX
    APU
    2906400003086XXX

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $240,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $250,000
      Retail
      $240,000
      Mixed-Use
      $220,000
      Hospitality
      $275,000
      Educational
      $270,000
      Residential Income
      $270,000
      Energy
      $210,000
      Income-Based Land
      $215,000
      Food Service
      $215,000

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0482
    Latitude
    30.6946
    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
    $3,772
    $6,860
    $52,000
    $58,860
    -
    $34,300
    $260,000
    $294,300

    Comparable in this City

    • Value Estimation by Request
      1,593 SF

      150 Palmetto St

      OFFICE BUILDING • 1,593 SF
      150 Palmetto St, Mobile, AL 36603-2216
      View Details
    • Value Estimation by Request
      2,707 SF

      651 Martin Luther

      OFFICE BUILDING • 2,707 SF
      651 Martin Luther, Mobile, AL 36603
      View Details
    • Value Estimation
      $290,000
      1,863 SF

      251 Saint Anthony St

      OFFICE BUILDING • 1,863 SF
      251 Saint Anthony St, Mobile, AL 36603-6460
      View Details
    • Value Estimation
      $455,000
      11,312 SF

      Mobile, AL 36603

      OFFICE BUILDING • 11,312 SF
      Mobile, AL 36603
      View Details
    • Value Estimation
      $390,000
      21,931 SF

      111 Canal St

      OFFICE BUILDING • 21,931 SF
      111 Canal St, Mobile, AL 36603-2203
      View Details
    • Value Estimation
      $295,000
      2,443 SF

      263 Conception St

      OFFICE BUILDING • 2,443 SF
      263 Conception St, Mobile, AL 36603-6464
      View Details

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      Detonti Historic District Office Building

      Office building in Detonti Historic District with downtown access.
      202 Congress St, Mobile, AL 36603
      View Details
    • $750,000

      Downtown Mobile Historic Office Building

      Historic office building with parking in downtown Mobile.
      205 N Conception St, Mobile, AL 36603
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    • $419,999
      1,335 SF

      Renovated Downtown Mixed-Use Property

      Renovated mixed-use property in downtown Mobile, suitable for various uses.
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    Similar Nearby for Lease

    • $500 /Mo
      1,000 SF

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    • $6 SF/Yr
      11,200 SF

      Mobile Office/Warehouse For Lease

      Spacious 11,200 sq ft space near I-10.
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      View Details
    • $4 SF/Yr
      30,000 SF

      Mobile Industrial Warehouse - 30,000 SF

      Spacious Alabama warehouse, ideal for various uses.
      111 Short Texas St, Mobile, AL 36603
      View Details
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    356 State St
    Mobile, AL 36603-6442
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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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