Property profile

509 Dr Martin L King Jr Dr Mobile, AL 36610

OFF-MARKET
Office buildings
Property ID
US03-0791578
59,672 SF 1.34 ac lot Built 1966
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1966
Total area 59,672 SF
Lot 1.34 ac (58,370 SF)
APN 29 02 44 0 016 007.XXX
UPID US03-0791578

Cap rate & NOI

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

Location

509 Dr Martin L King Jr Dr Mobile, AL 36610-4814
Mobile metro Census 7500 MOBILE, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.13M
Blend (final) Blend
$2.56M

Owner & transaction history

since 2020
1 recorded transaction
2020
$175,416

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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