Property profile

5650 Old Pascagoula Rd Mobile, AL 36619

OFF-MARKET
Other investment properties
Property ID
US03-3044970
8,925 SF 2.37 ac lot Built 2001
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property consists of multiple commercial suites that range in size up to approximately 975 square feet each. It is zoned B-3 (Community Business) and features ample on-site parking and availability of pylon signage. The tenant spaces include a mix of uses such as financial services, personal services, and retail-oriented businesses (e.g., dog grooming, jewelry, salons, massage, and cell phone repair). The building is configured to allow for the possibility of combining adjacent spaces to create larger contiguous areas.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2001
Total area 8,925 SF
Lot 2.37 ac (103,411 SF)
APN 33 08 27 2 000 032.XXX
UPID US03-3044970

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
  • Hair Salon
  • Tax Preparation
  • Hair Salon
  • Clothing & Fashion Store
  • Nail Salon

Location

5650 Old Pascagoula Rd Mobile, AL 36619-2104
Mobile metro Census 6902 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$1.25M

Owner & transaction history

since 2024
Last sale
$1.3M
4 recorded transactions
2024
$1.3M
2008
$10,000
2007
$1.5M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.8M +24.3%
Restaurant $1.8M +20.8%
Medical building $1.7M +16.8%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5650 Old Pascagoula Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message