168 Broad StMobile, AL 36602
- Office properties
- 7,490 SF
Property Details for 168 Broad St
- Year built
- 1985
- Lot size
- 0.32 AC
- Property size (Sq ft)
- 7,490 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 29 06 39 0 003 037.XXX
- APU
- 2906390003037XXX
Description
This exceptional 3,000+ square foot office space presents a unique opportunity in Mobile's vibrant downtown core. Located on the completed Broad Street corridor, this newly renovated Class A property boasts a highly desirable location adjacent to the central business district, near the intersection of Government and Broad Streets. The open-concept layout seamlessly integrates six private offices, a dedicated conference room, ample co-working space, a well-equipped kitchen, and three restrooms. The convenience extends beyond the interior, with a private parking lot providing twenty spaces for employees and clients. Its position on the Mardi Gras parade route adds to its unique appeal. The property offers easy walkability to a diverse range of businesses, retail establishments, and entertainment venues in both Downtown Mobile and the charming Oakleigh Garden District. This ground-floor space is perfect for a business seeking a prestigious and functional workspace in a thriving urban setting. The modern amenities and prime location combine to create an unparalleled opportunity for a discerning tenant. The building's attractive design and convenient features make it an ideal choice for businesses seeking a high-quality, well-located office space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,014,405
- 6.5%
- $936,374
- 7%
- $869,490
-
Comparable approach
- Method
- Valuation
- Relative Method
- $506,938
- Geo Method
- $532,464
-
Alternative Use
- Use
- Valuation
- Residential
- $1,161,104
- Hospitality
- $1,063,565
- Educational
- $884,874
- Medical
- $915,306
- Retail
- $1,376,470
Location Insight
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Latitude
- 30.6838
- Longitude
- -88.0534
- CBSA code
- 33660
- CBSA name
- MOBILE, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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