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    5901 Grelot Rd Mobile, AL 36609
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    Property profile & analytics

    5901 Grelot Rd, Mobile, AL 36609

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    • Medical Office Space
    • 3,812 SF
    • 0.58 lot acres
    Prime West Mobile Location Lot For Sale
    $89,900

    Prime West Mobile Location Lot

    Cleared, level lot on Grelot Rd ready for development.

    5901 Grelot Rd, Mobile, AL 36609
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    Property ID
    US03-1665311
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bay Area Oral Surgery & Dental Implants / Dental Office
    • Robert C. Pfeffle, DMD / Dental Office
    • Dr. Matt Zieman / Dental Office
    • Matthew Zieman / Dental Office
    • Zieman Gregory A DMD / Dental Office

    Property Details for 5901 Grelot Rd

    Year built
    2014
    Lot size
    0.58 lot acres
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    28 08 33 1 000 071.004
    APU
    2808331000071004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 9, 2020 — Tacon Building Co LLC — Deed · related $471k · Truist Bk
    May 28, 2020 — Bmo Properties LLC — Deed · related $319k · Truist Bank
    Jan 9, 2012 $188,300 Bmo Properties LLC Zp-grelot Investors LLC Warranty Deed $160k · Banktrust
    — — Tacon Building Co LLC — Deed Of Trust · related $471k · Truist Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $865,000
      6.5%
      $795,000
      7%
      $740,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $584,000
      Market price range: $274k - $585k
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $735,000
      Current use
      RETAIL STORES
      $785,000
      Change: +6% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1788
    Latitude
    30.6608
    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
    $9,130
    $34,280
    $107,520
    $141,800
    -
    $171,400
    $537,600
    $709,000
    View Listing
    More about this property
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