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    550 Congress St Mobile, AL 36603-6152
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    Property profile & analytics

    550 Congress St, Mobile, AL 36603-6152

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    • Assisted living facilities
    • 50,536 SF
    • 1.57 lot acres
    Off-Market
    Last Sale Jun 28, 2024
    $3,832,600
    Property ID
    US03-3141689
    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.

    Value Estimations
    $3,835,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kensington Health and Rehabilitation Center / Nursing Home

    Property Details for 550 Congress St

    Year built
    1983
    Lot size
    1.57 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    29 06 40 0 003 112.XXX
    APU
    2906400003112XXX

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 28, 2024 $3,832,600 Kt 550 Congress Street LLC G&e Hc Reit II Mobile Snf LLC Special Warranty Deed $142M · Dmt Spe I LLC
    Jun 17, 2019 — G&e Hc Reit II Mobile Snf LLC — Deed · related $7.1M · Citi Real Estate Funding INC
    Jan 17, 2012 $9,341,000 G & E Hc Reit II Mobile Snf LLC Ivan Associates LP Grant Deed —
    Dec 10, 2007 $55,164,000 Ivan Associates Sea Breeze Nursing LLC Trustees Deed $48.9M · Private Individual
    Mar 29, 2005 $7,475,446 Sea Breeze Nursing LLC Sea Breeze Health Care Center Warranty Deed $3.8M · Private Individual
    — — G & E Hc Reit II Mobile Snf Ll — Deed Of Trust · related $1,878M · Citigroup Global Markets Rlty
    — — Sea Breeze Nursing LLC — Deed Of Trust · related $4M · Fidelity Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,835,000
      ML approach
      $3,835,000
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $6,255,000
      OFFICE BUILDING
      $5,790,000
      COMMERCIAL (GENERAL)
      $5,275,000
      RETAIL STORES
      $4,925,000
      MEDICAL BUILDING
      $4,130,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0517
    Latitude
    30.6949
    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
    $49,017
    $68,540
    $697,980
    $766,520
    -
    $342,700
    $3,489,900
    $3,832,600
    More about this property
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