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    Property profile & analytics

    3602 Old Shell Rd, Unit B Mobile, AL 36608-1393

    • Medical offices
    • 4,959 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US03-0561256
    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

    • Hannahan Endodontic Group / Endodontist
    • Dr. Thomas H. Hannahan, DMD / Endodontist
    • Hannahan Endodontic Group, (Patrick E. Hannahan DMD and Tommy Hannahan, DMD) / Dentist
    • Summit Brokerage Services / Financial Institution
    • Investment Corporation / Investment Service

    Property Details for 3602 Old Shell Rd

    Year built
    1992
    Lot size
    0.32 lot acres
    Property size
    4,959 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    28 06 37 1 001 098.001
    APU
    2806371001098001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $265,000
      6.5%
      $250,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $235,000
      Geo Method
      $295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $250,000
      Retail
      $275,000
      Mixed-Use
      $220,000
      Hospitality
      $230,000
      Educational
      $215,000
      Residential Income
      $230,000
      Energy
      $250,000
      Income-Based Land
      $255,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.125
    Latitude
    30.699
    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
    $4,911
    $9,760
    $66,480
    $76,240
    -
    $48,800
    $332,400
    $381,200

    Comparable in this City

    • Value Estimation
      $280,000
      3,126 SF

      615 Shady Oak Dr

      MEDICAL BUILDING • 3,126 SF
      615 Shady Oak Dr, Mobile, AL 36608-5830
      View Details
    • Value Estimation
      $760,000
      49,282 SF

      6701 Airport Blvd

      MEDICAL BUILDING • 49,282 SF
      6701 Airport Blvd, Mobile, AL 36608-6705
      View Details
    • Value Estimation
      $655,000
      18,933 SF

      6701 Airport Blvd

      MEDICAL BUILDING • 18,933 SF
      6701 Airport Blvd, Mobile, AL 36608-6705
      View Details
    • Value Estimation
      $515,000
      10,584 SF

      6001 Airport Blvd

      MEDICAL BUILDING • 10,584 SF
      6001 Airport Blvd, Mobile, AL 36608-3142
      View Details
    • Value Estimation
      $375,000
      7,569 SF

      9751 Airport Blvd

      MEDICAL BUILDING • 7,569 SF
      9751 Airport Blvd, Mobile, AL 36608-9521
      View Details
    • Value Estimation
      $330,000
      2,303 SF

      4720 Airport Blvd

      MEDICAL BUILDING • 2,303 SF
      4720 Airport Blvd, Mobile, AL 36608-3134
      View Details

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    Similar Nearby for Lease

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      Prime Mobile vet clinic, 3742 SF, NNN lease.
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    • Contact for pricing
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    • $15 SF/Yr
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    • $15 SF/Yr
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      Airport Blvd Commercial Space Available

      Office, medical, or retail space on Mobile's busiest corridor.
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      View Details
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    Mobile, AL 36608-1393
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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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