Property profile

7 Lawrence St Mobile, AL 36602

OFF-MARKET
Office buildings
Property ID
US03-0661676
3,455 SF 0.14 ac lot Built 1851
Entity Owned 22-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A historic two-story office building located at 7 North Lawrence Street in Downtown Mobile, Alabama, off Dauphin Street. The building contains approximately 3,296 square feet and is configured for office use, with a maintained and upgraded interior.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1851
Total area 3,455 SF
Lot 0.14 ac (6,011 SF)
APN 29 06 40 0 010 080.XXX
UPID US03-0661676

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
  • Law Firm
  • Law Firm
  • Law Firm
  • Law Firm
  • Law Firm

Location

7 Lawrence St Mobile, AL 36602-2111
Mobile metro Census 200 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
$644k
Blend (final) Blend
$330k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $710,000 +15.6%
Medical building $665,000 +8.7%

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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