Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3665 Alba Clb Rd Mobile, AL 36605

    • Office buildings
    • 702 SF
    • 3.81 lot acres
    OFF-MARKET
    Last Sale
    Aug 07, 2020
    $20,000
    Value Estimations
    $80,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-1843102
    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

    • Office buildings

    Property Details for 3665 Alba Clb Rd

    Year built
    1986
    Lot size
    3.81 lot acres
    Property size
    702 SF
    Property type
    Office buildings
    APN
    32 09 40 0 003 057.XXX
    APU
    3209400003057XXX

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $75,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $88,000
      Market price range: $44.9k - $119k
      AI Estimate
      $77,000
      Market price range: $32.6k - $99.2k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $75,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0951
    Latitude
    30.5966
    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
    $1,684
    $9,500
    $4,160
    $13,660
    -
    $47,500
    $20,800
    $68,300

    Comparable in this City

    • Value Estimation
      $280,000
      5,770 SF

      5010 Dauphin Is Pkwy

      OFFICE BUILDING • 5,770 SF
      5010 Dauphin Is Pkwy, Mobile, AL 36605-9644
      View Details
    • Value Estimation
      $390,000
      2,064 SF

      3258 Dauphin Is Pkwy

      OFFICE BUILDING • 2,064 SF
      3258 Dauphin Is Pkwy, Mobile, AL 36605-3834
      View Details
    • Value Estimation
      $280,000
      1,058 SF

      1400 Rev R T Thomas Dr

      OFFICE BUILDING • 1,058 SF
      1400 Rev R T Thomas Dr, Mobile, AL 36605-1600
      View Details
    • Value Estimation by Request
      1,468 SF

      2200 Dauphin Is Pkwy

      OFFICE BUILDING • 1,468 SF
      2200 Dauphin Is Pkwy, Mobile, AL 36605-3302
      View Details
    • Value Estimation
      $335,000
      3,320 SF

      2756 Dauphin Is Pkwy

      OFFICE BUILDING • 3,320 SF
      2756 Dauphin Is Pkwy, Mobile, AL 36605-3411
      View Details
    • Value Estimation
      $755,000
      107,297 SF

      1620 Broad St

      OFFICE BUILDING • 107,297 SF
      1620 Broad St, Mobile, AL 36605-1806
      View Details

    Similar Nearby for Sale

    • $999,900
      10,327 SF

      Office Space with Canal Access

      Office property featuring meeting spaces, living quarters, and ample parking.
      2006 Douglas Ln, Mobile, AL 36605
      View Details
    • $975,000
      8,000 SF

      Freestanding Building in Fowl River

      8,000 SF building suitable for retail, office, or storage.
      10800 Dauphin Island Pkwy, Theodore, AL 36605
      View Details
    • $100,000
      1.34 Acres

      Mobile Waterfront Commercial Lot

      Prime 1.34-Acre Commercial Lot
      1479 Navco Rd, Mobile, AL 36605
      View Details
    • $250,000

      One-Acre Industrial Site

      One-acre industrial site with storage shed in Theodore, Alabama.
      4600 Hamilton Blvd, Theodore, AL 36605
      View Details
    • $159,000
      750 SF

      Operating Car Wash on Navco

      Operating car wash with equipment and adjacent building included.
      1517 Navco Rd, Mobile, AL 36605
      View Details
    • $1,750,000
      29,366 SF

      Industrial Warehouse with Fenced Yard

      29,366 SF warehouse with office and fenced yard.
      1701 Navco Rd, Mobile, AL 36605
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      4,087 SF

      Prime Lease Opportunity! 2,400SF to 19,000SF, High Traffic, DIP (Floor 1, Suite G1)

      Prime Lease Opportunity! 2,400SF to 19,000SF, High Traffic, DIP (Floor 1, Suite G1)
      1924 Dauphin Island Pkwy, Mobile, AL 36605
      View Details
    • $9 SF/Yr
      9,071 SF

      Retail Space Near Interstate 10

      Retail property for lease near I-10 and Mobile Airport.
      2158 Dauphin Island Pkwy, Mobile, AL 36605
      View Details
    • $10 SF/Yr
      19,000 SF

      Dauphin Island Parkway Retail Space

      19,000 SF prime lease, high traffic, Mobile, AL
      1924 Dauphin Island Pkwy, Mobile, AL 36605
      View Details
    • $6,000 /Mo
      88,000 SF

      Dauphin Island Parkway Commercial Land

      High-visibility Mobile, AL acreage near airport.
      2222 Dauphin Island Pkwy, Mobile, AL 36605
      View Details
    • $125,000
      93,654 SF

      Prime Mobile Commercial Land

      High-visibility land near Mobile Airport.
      S West Corner of i Dauphin Island Parkway, Mobile, AL 36605
      View Details
    • $325,000
      1,353 SF

      Restaurant Space with Drive-Through

      Former restaurant space with drive-through in Gulfdale Plaza.
      2952 Dauphin Island Pkwy, Mobile, AL 36605
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3665 Alba Clb Rd
    Mobile, AL 36605
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.