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Property profile & analytics
OFF-MARKET
Estimated value
$5,265,000
Hotels
80 Springdale Blvd Mobile, AL 36606-3916
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US03-1020050
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2007
Total area
38,611 SF
Lot
1.27 ac (55,365 SF)
APN
28 06 24 1 000 005.007
UPID
US03-1020050
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
-
Springdale Inn & Suites Mobile West - I-65 Hotel & Motel
-
The grounds Resort
-
Springdale Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.05M
Blend (final)
Blend
$5.27M
Owner & transaction history
Riaan Hospitality LLC · 3 yrs held
Riaan Hospitality LLC
since 2022
Last sale
$5.2M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.9M
+137.1%
Restaurant
$7.7M
+130.5%
Medical building
$7.5M
+122.9%
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
$5,905,000
ML approach
$6,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,345,000
Current use
RETAIL STORES
$7,930,000
Change: +137% · Conversion: Difficult
RESTAURANT
$7,710,000
Change: +130% · Conversion: Difficult
MEDICAL BUILDING
$7,455,000
Change: +123% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,450,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,310,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$5.27M
Range $4.74M – $5.79M · ±10% · vs last sale $5.15M (Dec 8 2022)
Last sale anchor
$5.15M
Dec 8 2022
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
$136 / 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
$40,052
Tax year 2023
Assessed value
$914,840
Assessed 2023
Previous assessed
$914,840
+0.0% YoY
Effective rate
4.38%
On assessed value
Assessed land
$110,480
Assessed improvement
$804,360
Land market value
$552,400
Improvement market value
$4,021,800
Total market value
$4,574,200
Applied tax rate
14.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
YES
Stories
3
Rooms
60
Bathrooms
4
Total area
38,611 SF
Lot
1.27 ac (55,365 SF)
APN
28 06 24 1 000 005.007
UPID
US03-1020050
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
HOTEL/MOTEL Current
Est. value
$3.3M
RETAIL STORES
Est. value
$7.9M
RESTAURANT
Est. value
$7.7M
MEDICAL BUILDING
Est. value
$7.5M
INDUSTRIAL (GENERAL)
Est. value
$5.5M
COMMERCIAL (GENERAL)
Est. value
$4.3M
HOTEL/MOTEL Current
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
2007
Heating
FORCED AIR
Cooling
Yes
Stories
3
Rooms
60
Bathrooms
4
Lot
1.27 ac
Current owner
From public records · entity-resolved
Riaan Hospitality LLC
Entity
Mailing address
80 SPRINGDALE BLVD, MOBILE, AL 36606-3916
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2022
$5,150,000
Riaan Hospitality LLC
Laxmi Hospitality LLC
Warranty Deed
$4,600,000 · Ready Capital Corp
Apr 18, 2014
$3,550,000
Shree Laxmi Hospitality LLC
Vishnu Enterprises INC
Warranty Deed
$300,000 · Bryant Bank
—
—
Shree Laxmi Hospitality LLC
—
Deed Of Trust
related
$3,500,000 · Community Bk/ms
—
—
Vishnu Ent INC
—
Deed Of Trust
related
$3,800,000 · Branch Bk&tr
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.
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