New search
Property profile & analytics
FOR LEASE
Investment properties
75 Schillinger Rd N Mobile, AL 36608
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0879435
For Lease
1 / 19
$3,000/Mo
75 Schillinger Rd N, Mobile, AL 36608
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1992
Total area
5,891 SF
Lot
0.58 ac (25,308 SF)
APN
27 06 13 0 000 041.XXX
UPID
US03-0879435
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
-
Jaguar Cleaners (Bike/Boat/Book/etc) Store
-
The Club at Rehm Animal Clinic Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$521k
Blend (final)
Blend
$750k
Owner & transaction history
Holt Investments LLC · 2 yrs held
Holt Investments LLC
since 2024
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+116.0%
Restaurant
$1.2M
+110.0%
Medical building
$1.1M
+103.1%
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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$560,000
Current use
RETAIL STORES
$1,210,000
Change: +116% · Conversion: Easy
RESTAURANT
$1,175,000
Change: +110% · Conversion: Difficult
MEDICAL BUILDING
$1,140,000
Change: +103% · Conversion: Easy
INDUSTRIAL (GENERAL)
$830,000
Change: +48% · Conversion: Moderate
OFFICE BUILDING
$640,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Jul 1 2024)
Last sale anchor
$750k
Jul 1 2024
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
$127 / 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
$6,387
Tax year 2023
Assessed value
$100,580
Assessed 2023
Previous assessed
$98,040
+2.6% YoY
Effective rate
6.35%
On assessed value
Assessed land
$35,480
Assessed improvement
$65,100
Land market value
$177,400
Improvement market value
$325,500
Total market value
$502,900
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1992
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
5,891 SF
Lot
0.58 ac (25,308 SF)
APN
27 06 13 0 000 041.XXX
UPID
US03-0879435
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
COMMERCIAL (GENERAL) Current
Est. value
$560,000
RETAIL STORES
Est. value
$1.2M
RESTAURANT
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$830,000
OFFICE BUILDING
Est. value
$640,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
OFFICE 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
1992
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Holt Investments LLC
Entity
Free & Clear · 2 yrs held
Mailing address
6405 COTTAGE HL RD, MOBILE, AL 36695-3701
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
$750,000
Holt Investments LLC
Rehm Schillinger Properties LLC
Warranty Deed
—
Dec 30, 2021
—
Pratt Thomas Merrill JR
James Webb Thomas
Deed
—
May 21, 2020
$330,500
Rehm Schillinger Prop LLC
Christopher J Rehm
Warranty Deed
—
Feb 17, 2020
—
Christopher J Rehm
—
Deed
related
$454,036 · Community Bank Of Mississippi
May 5, 2008
$348,192
Christopher J Rehm
Christopher J Rehm
Intrafamily Transfer
related
$278,192 · Rbc Bank USA
Nov 19, 2007
—
Lindmark Outdoor Advertising L
—
Grant Deed
related
$2,040,000 · Gladstone Busn Ln
Mar 8, 2006
$150,500
Rehm,michael E & Mary A N
Rehm,christopher J
Warranty Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
