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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    800 Main St Mobile, AL 36610-3862

    • Investment properties
    • 4,592 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimations
    $620,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-0568761
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 800 Main St

    Year built
    1982
    Lot size
    0.18 lot acres
    Property size
    4,592 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    22 10 44 0 016 479.XXX
    APU
    2210440016479XXX

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $507,000
      Market price range: $194k - $636k
      AI Estimate
      $699,000
      Market price range: $199k - $805k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $390,000
      Current use
      RETAIL STORES
      $945,000
      Change: +143% Conversion: Easy
      MEDICAL BUILDING
      $885,000
      Change: +129% Conversion: Easy
      OFFICE BUILDING
      $500,000
      Change: +29% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0902
    Latitude
    30.7357
    CBSA code
    33660
    CBSA name
    MOBILE, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $710
    $1,560
    $9,980
    $11,540
    -
    $7,800
    $49,900
    $57,700

    Comparable in this City

    • Value Estimation by Request
      1,298 SF

      500 Chin St

      STORE/OFFICE (MIXED USE) • 1,298 SF
      500 Chin St, Mobile, AL 36610-3509
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    • Value Estimation by Request
      3,750 SF

      324 Wilson Ave

      STORE/OFFICE (MIXED USE) • 3,750 SF
      324 Wilson Ave, Mobile, AL 36610-3908
      View Details
    • Value Estimation
      $805,000
      7,500 SF

      325 Wilson Ave

      STORE/OFFICE (MIXED USE) • 7,500 SF
      325 Wilson Ave, Mobile, AL 36610-3907
      View Details
    • Value Estimation by Request
      2,705 SF

      1317 Wilson Ave

      STORE/OFFICE (MIXED USE) • 2,705 SF
      1317 Wilson Ave, Mobile, AL 36610-1740
      View Details
    • Value Estimation by Request
      5,472 SF

      628 Wilson Ave

      STORE/OFFICE (MIXED USE) • 5,472 SF
      628 Wilson Ave, Prichard, AL 36610-4614
      View Details
    • Value Estimation by Request
      2,033 SF

      309 Wilson Ave

      STORE/OFFICE (MIXED USE) • 2,033 SF
      309 Wilson Ave, Mobile, AL 36610-3907
      View Details

    Similar Nearby for Sale

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      28.00 Acres

      Mobile Industrial Land - 28 Acres

      Prime Mobile County industrial land, near Port.
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    • Contact for pricing
      0.23 Acres

      Vacant Corner Lot Opportunity

      Vacant corner lot perfect for building your dream home.
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      0.54 Acres

      Commercial Land in Prichard, AL

      Commercial land available for development in Prichard, Alabama.
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    • $225,000
      4,078 SF

      Prichard Office Space For Sale

      Office space available in Prichard, Alabama, totaling 4,078 square feet.
      403 S Wilson Ave, Prichard, AL 36610
      View Details
    • $1,894,860

      Industrial Land Near State Docks

      8.7 AC industrial land, 8 minutes from AL State Docks.
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    • $150,000

      Prime Prichard Commercial Land

      Vacant lot, ideal for development.
      2010 St Stephens Rd, Prichard, AL 36610
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    Similar Nearby for Lease

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      9,603 SF

      Mobile Laydown Yard - 3.82 Acres

      Prime industrial land, ideal for container storage. Close to AL State Docks.
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      292,500 SF

      Prime 14-Acre Industrial Complex

      Massive Industrial Space - I-65 Access
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      8,000 SF

      Mobile Industrial Space for Lease

      8,000 SF Warehouse/Flex Space in Mobile, AL
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    • $5 SF/Yr
      105,000 SF

      Prichard Industrial Space Available

      Large industrial suite in prime location.
      1401 St Stephens Rd, Prichard, AL 36610
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    • $5 SF/Yr
      82,500 SF

      Prichard Industrial Space Available

      82,500 SF Warehouse, Excellent Location
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    • $11,900 /Mo
      149,846 SF

      Stimrad Road Container Yard - Mobile, AL

      Prime 3.44-acre Mobile industrial lot, ideal for container yard.
      1801 Stimrad Rd, Mobile, AL 36610
      View Details
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    800 Main St
    Mobile, AL 36610-3862
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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