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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Specialty properties
5842 3rd Notch Rd Mobile, AL 36619-1662
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0013662
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1996
Total area
4,331 SF
Lot
0.71 ac (30,797 SF)
APN
33 05 21 4 002 078.XXX
UPID
US03-0013662
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
Current use
Occupant on record · Public records
-
Tillman's Corner Veterinary Hospital Veterinary Clinic
-
Tillman's Corner Veterinary Hospital: William W. Snow, D.V.M. Veterinary Clinic
-
Dr. Justin Mims Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$401k
Blend (final)
Blend
$510k
Owner & transaction history
2m Wolfden Properties LLC · 4 yrs held
2m Wolfden Properties LLC
since 2022
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$725,000
+75.0%
Retail stores
$420,000
+1.7%
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 Mobile submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mobile 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
$575,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
VETERINARY, ANIMAL HOSPITAL
$415,000
Current use
AUTO REPAIR, GARAGE
$725,000
Change: +75% · Conversion: Difficult
RETAIL STORES
$420,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$400,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$355,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $500k (Jun 13 2022)
Last sale anchor
$500k
Jun 13 2022
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
$118 / 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
$6,480
Tax year 2023
Assessed value
$99,620
Assessed 2023
Previous assessed
$99,620
+0.0% YoY
Effective rate
6.50%
On assessed value
Assessed land
$24,280
Assessed improvement
$75,340
Land market value
$121,400
Improvement market value
$376,700
Total market value
$498,100
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
1
Bathrooms
1
Total area
4,331 SF
Lot
0.71 ac (30,797 SF)
APN
33 05 21 4 002 078.XXX
UPID
US03-0013662
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
VETERINARY, ANIMAL HOSPITAL Current
Est. value
$415,000
AUTO REPAIR, GARAGE
Est. value
$725,000
RETAIL STORES
Est. value
$420,000
OFFICE BUILDING
Est. value
$400,000
MEDICAL BUILDING
Est. value
$355,000
VETERINARY, ANIMAL HOSPITAL Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL 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
1996
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
2m Wolfden Properties LLC
Entity
Mailing address
9613 BOXFORD CT, MOBILE, AL 36695-7454
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2022
$500,000
2m Wolfden Properties LLC
Yota Properties LLC
Warranty Deed
$425,000 · Servisfirst Bank
Dec 11, 2015
$320,000
Yota Properties LLC
William W Snow
Warranty Deed
$275,091 · Servisfirst Bank
Dec 19, 2012
$280,000
William W Snow
Matthew D Sellers
Warranty Deed
$261,000 · Bay Bank
Jan 14, 2009
$440,000
Sellers,matthew D
Sellers Edward D Trust
Grant Deed
related
—
Jun 29, 2007
$124,000
Sellers,edward D Trust
Sellers Properties LLC
Grant Deed
related
—
Aug 9, 2006
$225,500
Sellers Properties LLC
Sellers,edward D
Warranty Deed
related
—
—
—
William W Snow
—
Deed Of Trust
related
$127,000 · Private Individual
—
—
William W Snow
—
Loan Modification
related
$145,000 · Bay 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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