Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    406 S Royal St Mobile, AL 36603

    • Manufacturing properties
    • 10,666 SF
    • 0.57 lot acres
    For Lease
    View listing
    $6 SF/Yr
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US03-0890853
    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

    • Manufacturing properties

    Property Details for 406 S Royal St

    Year built
    1980
    Lot size
    0.57 lot acres
    Property size
    10,666 SF
    Property type
    Manufacturing properties
    APN
    29 06 39 0 002 087.XXX
    APU
    2906390002087XXX

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0405
    Latitude
    30.6815
    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
    $4,099
    $14,840
    $47,740
    $62,580
    -
    $74,200
    $238,700
    $312,900

    Comparable in this City

    • Value Estimation
      $8,485,000
      35,907 SF

      Mobile, AL 36603

      MANUFACTURING (LIGHT) • 35,907 SF
      Mobile, AL 36603
      View Details
    • Value Estimation by Request
      512 SF

      Mobile, AL 36603

      MANUFACTURING (LIGHT) • 512 SF
      Mobile, AL 36603
      View Details
    • Value Estimation by Request
      271,527 SF

      1251 Baker St

      HEAVY MANUFACTURING • 271,527 SF
      1251 Baker St, Mobile, AL 36603-1905
      View Details
    • Value Estimation by Request
      12,939 SF

      953 Conception St

      MANUFACTURING (LIGHT) • 12,939 SF
      953 Conception St, Mobile, AL 36603
      View Details
    • Value Estimation by Request
      3,352 SF

      Old Water St

      MANUFACTURING (LIGHT) • 3,352 SF
      Old Water St, Mobile, AL 36603
      View Details
    • Value Estimation by Request
      24,516 SF

      901 Ezra Trice Blvd

      MANUFACTURING (LIGHT) • 24,516 SF
      901 Ezra Trice Blvd, Mobile, AL 36603-2013
      View Details

    Similar Nearby for Sale

    • $290,000
      29,000 SF

      29,000 SF Warehouse For Sale

      29,000 SF warehouse on 1.1 acre near industrial complex.
      701 N Joachim St, Mobile, AL 36603
      View Details
    • $999,000
      4,400 SF

      Downtown Mobile 4-plex Investment

      Historic District, high-demand short-term rental
      161 - 163 State St, , AL, Mobile, AL 36603
      View Details
    • $960,000
      7,985 SF

      Turnkey Retail/Office with Drive-Thru

      Renovated retail/office building with drive-thru, prime Mobile location.
      1053 Broad St South, Mobile, AL 36603
      View Details
    • $241,667
      1,285 SF

      Restaurant Opportunity on Corner Lot

      Restaurant property with spacious dining area and kitchen for sale.
      960 S Broad St, Mobile, AL 36603
      View Details
    • $679,000
      1,320 SF

      Downtown Mobile Office Building

      Rare 1,320 SF Office, Parking & Expansion Lots
      317 Saint Joseph St, Mobile, AL 36603
      View Details
    • $419,999
      1,335 SF

      Renovated Downtown Mixed-Use Property

      Renovated mixed-use property in downtown Mobile, suitable for various uses.
      357 Congress St, Mobile, AL 36603
      View Details

    Similar Nearby for Lease

    • $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
    • $6 SF/Yr
      11,200 SF

      Mobile Office/Warehouse For Lease

      Spacious 11,200 sq ft space near I-10.
      406 S Royal St, Mobile, AL 36603
      View Details
    • $500 /Mo
      1,000 SF

      549 Congress St, Mobile, AL

      Office space • 1,000 SF
      549 Congress St, Mobile, AL 36603
      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.
    406 S Royal St
    Mobile, AL 36603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    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.