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    Property profile & analytics

    505 Georgian Dr, Unit B Mobile, AL 36609-3432

    • Medical offices
    • 4,432 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $815,000
    Last Sale
    Oct 03, 2024
    $775,000
    Location Intelligence
    Property ID
    US03-0427155
    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

    • Brown & Woodall / Dentist
    • Dr. Harris Brown / Dental Implants Periodontist / Practitioner Service Location
    • Oveson Dianne / Dentist
    • Lauren Metzger / Dentist
    • Coastal Periodontics and Implant Dentistry / Dentist / Periodontist

    Property Details for 505 Georgian Dr

    Year built
    1986
    Lot size
    0.38 lot acres
    Property size
    4,432 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    28 08 38 3 001 081.004
    APU
    2808383001081004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $775,000

    • CAP approach

      CAP return
      Estimation
      6%
      $760,000
      6.5%
      $760,000
      7%
      $760,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $880,000
      Geo Method
      $935,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $990,000
      Retail
      $735,000
      Mixed-Use
      $920,000
      Hospitality
      $995,000
      Educational
      $820,000
      Residential Income
      $985,000
      Energy
      $835,000
      Income-Based Land
      $960,000
      Food Service
      $860,000

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1648
    Latitude
    30.6644
    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
    $2,196
    $11,520
    $22,640
    $34,160
    -
    $57,600
    $113,200
    $170,800

    Comparable in this City

    • Value Estimation
      $2,140,000
      3,995 SF

      6280 Grelot Rd

      MEDICAL BUILDING • 3,995 SF
      6280 Grelot Rd, Mobile, AL 36609-3614
      View Details
    • Value Estimation
      $255,000
      3,094 SF

      6309 Piccadilly Sq Dr

      MEDICAL BUILDING • 3,094 SF
      6309 Piccadilly Sq Dr, Mobile, AL 36609-5103
      View Details
    • Value Estimation
      $260,000
      9,820 SF

      3750 Professional Pkwy

      MEDICAL BUILDING • 9,820 SF
      3750 Professional Pkwy, Mobile, AL 36609-5407
      View Details
    • Value Estimation by Request
      3,795 SF

      4351 Midmost Dr

      MEDICAL BUILDING • 3,795 SF
      4351 Midmost Dr, Mobile, AL 36609-5505
      View Details
    • Value Estimation
      $235,000
      4,013 SF

      5920 Grelot Rd

      MEDICAL BUILDING • 4,013 SF
      5920 Grelot Rd, Mobile, AL 36609-3606
      View Details
    • Value Estimation by Request
      6,757 SF

      4270 Cottage Hl Rd

      MEDICAL BUILDING • 6,757 SF
      4270 Cottage Hl Rd, Mobile, AL 36609-4286
      View Details

    Similar Nearby for Sale

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      Mobile Medical Building Investment Opportunity

      Prime 10,993 SF medical building, 1.45 acres, for sale or lease.
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    Similar Nearby for Lease

    • Contact for pricing
      7,285 SF

      Mobile Office Suites for Lease

      Ready-to-use office spaces in Mobile, AL
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      View Details
    • $4 SF/Yr
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      Mobile Office Space for Lease

      Flexible Workspaces in Mobile, AL
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      View Details
    • $14 SF/Yr
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      University Place Office Space for Lease

      Prime 2,500 sq ft office, Mobile, AL. Great location, flexible lease.
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    • $14 SF/Yr
      1,502 SF

      Mobile Office Space: 1502 SF

      First-floor suite, 1502 sq ft, ideal for medical or professional use.
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    • $14 SF/Yr
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      Mobile Office Space: University Blvd.

      1242 sq ft office, prime location.
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    • $14 SF/Yr
      10,993 SF

      Mobile Medical Building - For Sale/Lease

      10,993 SF medical building, 1.45 acres, high visibility.
      6001 Airport Blvd, Mobile, AL 36609
      View Details
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    505 Georgian Dr, Unit B
    Mobile, AL 36609-3432
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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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