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Property profile & analytics
OFF-MARKET
Estimated value
$1,990,000
Investment properties
5651 Hwy 90 Theodore, AL 36582-1683
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0533380
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2005
Total area
12,480 SF
Lot
5.25 ac (228,690 SF)
APN
33 08 34 2 000 007.XXX
UPID
US03-0533380
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.56M
Comparable Approach
Comparable
$1.77M
Blend (final)
Blend
$1.99M
Owner & transaction history
Brian J Kilgore Mobile Al LLC · 1 yrs held
Brian J Kilgore Mobile Al LLC
since 2025
Last sale
$2.0M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.5M
+129.3%
Restaurant
$2.4M
+116.6%
Retail stores
$2.2M
+94.9%
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 Theodore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Theodore 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,770,000
6.5%
$2,555,000
7%
$2,375,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,530,000
Change: +129% · Conversion: Easy
RESTAURANT
$2,390,000
Change: +117% · Conversion: Difficult
RETAIL STORES
$2,150,000
Change: +95% · Conversion: Easy
OFFICE BUILDING
$1,340,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$1.99M
Range $1.79M – $2.19M · ±10% · vs last sale $2.00M (Mar 16 2025)
Last sale anchor
$2.00M
Mar 16 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
$159 / 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
$23,798
Tax year 2023
Assessed value
$474,060
Assessed 2023
Previous assessed
$474,060
+0.0% YoY
Effective rate
5.02%
On assessed value
Assessed land
$40,640
Assessed improvement
$433,420
Land market value
$203,200
Improvement market value
$2,167,100
Total market value
$2,370,300
Applied tax rate
10.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
1
Rooms
8
Bathrooms
4
Total area
12,480 SF
Lot
5.25 ac (228,690 SF)
APN
33 08 34 2 000 007.XXX
UPID
US03-0533380
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
MEDICAL BUILDING
Est. value
$2.5M
RESTAURANT
Est. value
$2.4M
RETAIL STORES
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.3M
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
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
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Rooms
8
Bathrooms
4
Lot
5.25 ac
Current owner
From public records · entity-resolved
Brian J Kilgore Mobile Al LLC
Entity
Mailing address
108 E 65TH SERVICE RD N, MOBILE, AL 36607-2501
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2025
$2,000,000
Brian J Kilgore Mobile Al LLC
Plezant Properties INC
Special Warranty Deed
$2,071,179 · Peach State Bank & Trust
Jun 12, 2015
$1,392,000
Plezant Properties INC
The Estate Of Judy Plezant Johnston
Warranty Deed
—
Jun 4, 2013
$900,000
Jody Johnston
Collins Building Partnership
Warranty Deed
$720,000 · First Community Bank
Jun 4, 2013
—
Collins Building Ptshp
Collins,jeremy M
Quit Claim Deed
related
—
—
—
Collins Building Ptshp
—
Deed Of Trust
related
$500,000 · First Cmnty Bk
—
—
Collins Building Ptshp
—
Deed Of Trust
related
$1,140,000 · First Cmnty Bk
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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