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Property summary
This exceptional Mobile, Alabama property offers a unique investment opportunity. Priced at $769,900, this turnkey event venue boasts 5,000 square feet of beautifully decorated space situated on 6.1 acres of manicured land. Built in 2008 and renovated in 2016, the property includes two buildings: a main 5,000 sq ft banquet hall and a 32' barn shed, ideal for storage or office space. The main hall features stained concrete floors, full fluorescent and antique chandelier lighting, two… handicap-accessible bathrooms, and a full kitchen with a service window. A 24x12' stage, dance lights, and a Peavey speaker sound system are included. All décor and mounted equipment transfer with the sale. The hall is equipped with four AC units. The secondary building is climate-controlled and includes a roller door. The property includes four parcels sold as one (key numbers: 3197089, 310238, 3132648, 310176). The current business is actively booking rentals, with contracts negotiable. The property's landscaping features large oak trees, a front lawn bordered with white crepe myrtles, and a cedar pergola. All information should be verified by the buyer.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Nov 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 5,272 SF
- Lot area
- 3.01 ac
- Year built
- 2008
- Stories
- 1
- APN
- 23 05 21 4 000 001.002
- Assessed value · 2023
- $76,020
- Annual tax · 2023
- $3,687
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $3,687
- Selected cap rate
- Restaurant
- Retail Stores
- Office Building
- Commercial (general) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Derived from the Eight Mile market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
Our comps and market reports get this label in your Google results.
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- 1,500 Targeted Leads a month
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- Lead Lists by Intent
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- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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Still being built. It lands here next, beside the two above.
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