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Property profile & analytics
OFF-MARKET
Estimated value
$5,330,000
Hotels
530 Providence Park E Dr Mobile, AL 36695-4614
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0993811
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1997
Total area
63,210 SF
Lot
2.44 ac (106,504 SF)
APN
28 04 20 3 000 008.038
UPID
US03-0993811
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
-
Homewood Suites by Hilton Mobile Airport-University Area Hotel & Motel Vacation Rental
-
Gulf Coast Home Remodeling and Design Hardware & Home Improvement Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.04M
CAP Approach
CAP
$5.12M
Comparable Approach
Comparable
$5.78M
Blend (final)
Blend
$5.33M
Owner & transaction history
Lxm Investment 1 LLC · 1 yrs held
Lxm Investment 1 LLC
since 2025
Last sale
$6.9M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.9M
+25.8%
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
Method
Estimation
Statistic approach
$5,380,000
ML approach
$5,035,000
CAP Approach
CAP Return
Estimation
6%
$5,550,000
6.5%
$5,120,000
7%
$4,755,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,475,000
Current use
OFFICE BUILDING
$6,890,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$5.33M
Range $4.80M – $5.86M · ±10% · vs last sale $6.85M (Mar 26 2025)
Last sale anchor
$6.85M
Mar 26 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$84 / SF
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
$83,153
Tax year 2023
Assessed value
$1,301,100
Assessed 2023
Previous assessed
$1,301,100
+0.0% YoY
Effective rate
6.39%
On assessed value
Assessed land
$181,120
Assessed improvement
$1,119,980
Land market value
$905,600
Improvement market value
$5,599,900
Total market value
$6,505,500
Applied tax rate
14.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1997
Heating
FORCED AIR
Cooling
YES
Stories
3
Rooms
86
Bathrooms
6
Total area
63,210 SF
Lot
2.44 ac (106,504 SF)
APN
28 04 20 3 000 008.038
UPID
US03-0993811
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.5M
OFFICE BUILDING
Est. value
$6.9M
HOTEL/MOTEL Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
FORCED AIR
Cooling
Yes
Stories
3
Rooms
86
Bathrooms
6
Lot
2.44 ac
Current owner
From public records · entity-resolved
Lxm Investment 1 LLC
Entity
Mailing address
3353 PEACHTREE RD NE STE #930, ATLANTA, GA 30326-2202
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2025
$6,850,000
Lxm Investment 1 LLC
Providence Mobile Properties LLC
Special Warranty Deed
$7,236,824 · Peoplessouth Bank A Georgi
Jun 30, 2021
—
Providence Mobile Properties LLC
Mobile Airport Rote Partners LLC
Warranty Deed
$6,500,000 · Ows Bca Funding LLC
Nov 19, 2014
$7,420,000
Obile Airpot Hotel Partners LLC
Ashford Mobile LP
Special Warranty Deed
—
Apr 24, 2007
—
Ashford Mobile
—
Grant Deed
related
$315,000,000 · Wachovia Bk
Sep 8, 2004
—
Ashford Mobile
—
Grant Deed
related
$5,880,357 · Merrill Lynch Mtg Lndg
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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