Financial
Distress signals
Property profile

420 Water St Mobile, AL 36602

OFF-MARKET
Grocery and convenience stores
Property ID
US03-1009125
4,095 SF 0.55 ac lot Built 2000
Last sale Apr 1999 · $536,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 25-yr Hold Held for 25 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$9k
Tax billed · 2023
Assessed value$134k
Assessed land$35k
Assessed improvement$100k
Effective rate6.35%

Value estimate

· Sep 2026
$965k
$869k – $1.06M
CAP approach$955k
Sales comparison$1.23M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.8
Smoke and Vape Shop9.2
Tailor Shop9.2

Location

420 Water St Mobile, AL 36602-4016
County assessor Recorded deeds · not on file 3 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
200 Saint Joseph, Mobile, AL 36602-3917 $400,000 Feb 2025 1,547 SF
7 Royal, Mobile, AL 36602-3801 $790,000 Nov 2023 2,962 SF
754 Government, Mobile, AL 36602-1405 $335,000 Jun 2022 5,074 SF
659 Conti, Mobile, AL 36602 $270,000 Jan 2022 3,191 SF
57 Claiborne, Mobile, AL 36602-2803 $400,000 Dec 2021 3,554 SF
3 Royal, Mobile, AL 36602-3801 $1,200,000 Jul 2020 4,564 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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