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Property profile

701 Royal St Mobile, AL 36603

OFF-MARKET
Retail properties & Spaces
Property ID
US03-1147787
16,196 SF 2.06 ac lot Built 1970
Entity Owned 2-yr Hold Free & Clear

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1970
Total area 16,196 SF
Lot 2.06 ac (89,516 SF)
APN 29 10 38 0 006 047.XXX
UPID US03-1147787

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$1.48M

Owner & transaction history

since 2023
7 recorded transactions
2023
$242,000
2020
Price N/A
2020
$46,308
2019
$448,000
2019
$500,500
2016
Price N/A
2015
$300,000

Zoning & alternative use

Top alternative use upside
Industrial (general) $2.3M +100.4%
Office building $1.8M +54.8%
Commercial (general) $1.4M +19.8%

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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