Property profile

508 Dr Martin L King Jr Dr Mobile, AL 36610

OFF-MARKET
Investment properties
Property ID
US03-1481802
1,302 SF 0.17 ac lot Built 1966
Individually Owned 22-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1966
Total area 1,302 SF
Lot 0.17 ac (7,500 SF)
APN 22 08 44 0 017 231.XXX
UPID US03-1481802

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store

Location

508 Dr Martin L King Jr Dr Mobile, AL 36610-4815
Mobile metro Census 7600 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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