Technical
Financial
Distress signals
Property profile

680 University Blvd Mobile, AL 36609

OFF-MARKET
Turn key restaurants
Property ID
US03-0388968
2,566 SF 1.04 ac lot Built 1989
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1989
Total area 2,566 SF
Lot 1.04 ac (45,520 SF)
APN 28 08 34 4 002 067.005
UPID US03-0388968

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
  • Take-out & Catering

Location

680 University Blvd Mobile, AL 36609-7866
Mobile metro Census 3707 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
$661k
Blend (final) Blend
$595k

Owner & transaction history

since 2023
Last sale
$485,000
3 recorded transactions
2023
$485,000
2006
$808,500
2005
$425,000

Zoning & alternative use

Top alternative use upside
Retail stores $525,000 +2.9%

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
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