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    Property profile & analytics

    54 Royal St Mobile, AL 36602

    • Office buildings
    • 5,330 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US03-0786346
    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

    • Pro Legal Copies / Store / Legal Services
    • Hormone RadiantVibe / Medical Center
    • Record Nations / Records Storage Facility / Business To Business Service

    Property Details for 54 Royal St

    Year built
    1990
    Lot size
    0.12 lot acres
    Property size
    5,330 SF
    Property type
    Office buildings
    APN
    29 06 40 0 002 182.005
    APU
    2906400002182005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $205,000
      7%
      $215,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $185,000
      Mixed-Use
      $200,000
      Hospitality
      $195,000
      Educational
      $230,000
      Residential Income
      $255,000
      Energy
      $250,000
      Income-Based Land
      $230,000
      Food Service
      $210,000

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.041
    Latitude
    30.6936
    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
    $3,654
    $13,520
    $43,600
    $57,120
    -
    $67,600
    $218,000
    $285,600

    Comparable in this City

    • Value Estimation by Request
      7,491 SF

      14 Franklin St

      OFFICE BUILDING • 7,491 SF
      14 Franklin St, Mobile, AL 36602-2409
      View Details
    • Value Estimation by Request
      2,360 SF

      108 Claiborne St

      OFFICE BUILDING • 2,360 SF
      108 Claiborne St, Mobile, AL 36602-2313
      View Details
    • Value Estimation by Request
      1,590 SF

      403 Conti St

      OFFICE BUILDING • 1,590 SF
      403 Conti St, Mobile, AL 36602-2405
      View Details
    • Value Estimation by Request
      2,790 SF

      702 Government St

      OFFICE BUILDING • 2,790 SF
      702 Government St, Mobile, AL 36602
      View Details
    • Value Estimation by Request
      5,820 SF

      700 Government St

      OFFICE BUILDING • 5,820 SF
      700 Government St, Mobile, AL 36602-1403
      View Details
    • Value Estimation by Request
      3,020 SF

      354 Dauphin St

      OFFICE BUILDING • 3,020 SF
      354 Dauphin St, Mobile, AL 36602-2420
      View Details

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    • Contact for pricing
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    Similar Nearby for Lease

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      Downtown Mobile Office Space - Suite 4

      Prime 2,000 sq ft office, stunning city views.
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    • $16 SF/Yr
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      Downtown Mobile Commercial Space

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    • $10 SF/Yr
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      Historic Mobile Office Space For Lease

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    54 Royal St
    Mobile, AL 36602
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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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