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Property profile & analytics
OFF-MARKET
Estimated value
$2,565,000
Investment properties
8600 Cottage Hl Rd Mobile, AL 36695-3612
Entity Owned
9-yr Hold
Free & Clear
Property ID
US03-0390459
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2016
Total area
20,111 SF
Lot
1.72 ac (74,967 SF)
APN
34 01 02 0 001 007.XXX
UPID
US03-0390459
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
-
Dollar Tree Grocery & Convenience Store Food Market
-
Liti Pho Vietnamese Restaurant Restaurant
-
Lickin Good Donuts Bakery Discount Store
-
BLAZE SMOKE AND VAPE (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
Pinch A Penny Pool Patio Spa (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.77M
Blend (final)
Blend
$2.57M
Owner & transaction history
Alabama Power Co · 9 yrs held
Alabama Power Co
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.1M
+36.0%
Restaurant
$4.0M
+32.3%
Medical building
$3.9M
+27.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,035,000
Current use
RETAIL STORES
$4,130,000
Change: +36% · Conversion: Easy
RESTAURANT
$4,015,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$3,885,000
Change: +28% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,840,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$2.57M
Range $2.31M – $2.82M · ±10%
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
$128 / 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
$18,879
Tax year 2023
Assessed value
$509,220
Assessed 2023
Previous assessed
$509,220
+0.0% YoY
Effective rate
3.71%
On assessed value
Assessed land
$77,980
Assessed improvement
$431,240
Land market value
$389,900
Improvement market value
$2,156,200
Total market value
$2,546,100
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
Off-Market
Year built
2016
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
7
Bathrooms
13
Total area
20,111 SF
Lot
1.72 ac (74,967 SF)
APN
34 01 02 0 001 007.XXX
UPID
US03-0390459
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
$3.0M
RETAIL STORES
Est. value
$4.1M
RESTAURANT
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.9M
INDUSTRIAL (GENERAL)
Est. value
$2.8M
COMMERCIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
INDUSTRIAL (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
2016
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
13
Lot
1.72 ac
Current owner
From public records · entity-resolved
Alabama Power Co
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 91595, MOBILE, AL 36691-1595
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2017
$500
Alabama Power Co
Omar INC
Grant Deed
related
—
Jun 29, 2016
—
Omar INC
—
Trustees Deed
related
$1,000,000 · First NA
Apr 9, 2014
$525,000
Omar INC
Sbtc INC
Warranty Deed
—
Jul 26, 2005
$227,500
Webb LLC
Carol L Johnson
Warranty Deed
$227,000 · First Community Bank
—
—
Omar INC
—
Deed Of Trust
related
$582,844 · Iberiabank
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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