Property profile

851 Government St Mobile, AL 36602

OFF-MARKET
Investment properties
Property ID
US03-3121435
16,492 SF 1.22 ac lot Built 1961
Individually Owned 21-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1961
Total area 16,492 SF
Lot 1.22 ac (53,274 SF)
APN 29 06 40 0 010 325.XXX
UPID US03-3121435

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
  • Grocery & Convenience Store Food Market
  • Resort
  • General Contractor

Location

851 Government St Mobile, AL 36602-1103
Mobile metro Census 200 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.58M
Blend (final) Blend
$410k

Owner & transaction history

since 2004
1 recorded transaction
2004
$250,000

Zoning & alternative use

Top alternative use upside
Industrial (general) $2.3M +67.2%

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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