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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
470 Schillinger S Rd Mobile, AL 36695-8950
Entity Owned
~
Est. High Equity
Property ID
US03-0669037
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1986
Total area
76,351 SF
Lot
9.39 ac (409,159 SF)
APN
27 06 24 4 000 016.XXX
UPID
US03-0669037
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Palmer's Toyota Rental Car Car Rental Facility
-
Palmer's Toyota Service Center Auto Repair Shop
-
Palmer's Toyota Superstore Car Dealership
-
Palmer's Toyota Parts Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Doherty Holdings Fifty Seventh LLC
Doherty Holdings Fifty Seventh LLC
since 2025
Last sale
$21.7M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mobile submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mobile submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$94,503
Tax year 2023
Assessed value
$1,456,020
Assessed 2023
Previous assessed
$1,456,020
+0.0% YoY
Effective rate
6.49%
On assessed value
Assessed land
$582,040
Assessed improvement
$873,980
Land market value
$2,910,200
Improvement market value
$4,369,900
Total market value
$7,280,100
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1986
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
60
Bathrooms
3
Total area
76,351 SF
Lot
9.39 ac (409,159 SF)
APN
27 06 24 4 000 016.XXX
UPID
US03-0669037
Jurisdiction
MOBILE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
60
Bathrooms
3
Lot
9.39 ac
Current owner
From public records · entity-resolved
Doherty Holdings Fifty Seventh LLC
Entity
Mailing address
470 SCHILLINGER RD S, MOBILE, AL 36695-8950
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
—
Doherty Holdings Fifty Seventh LLC
—
Deed
related
$18,479,000 · Bank Of America NA
Dec 9, 2025
$21,740,000
Doherty Holdings Fifty Seventh LLC
Palmer Cleland Realty Company
Warranty Deed
$18,479,000 · Bank Of America NA
Feb 8, 2023
—
Sba Structures LLC
—
Deed
related
$7,051,900 · Deutsche Bank Trust Co Americas
May 13, 2016
—
Sba Strucktures INC
—
Deed
related
$184,000,000 · * Other Institutional Lenders
Mar 16, 2015
—
Palmer Cleland Realty Co
—
Grant Deed
related
$2,445,000 · Trustmark Nat'l Bk
—
—
Sba Strucktures INC
—
Deed Of Trust
related
$184,000,000 · * Other Institutional Lenders
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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