2104 Government StMobile, AL 36606

  • Retail properties
  • 3,064 SF
For Sale
$350,000 View listing

Property Details for 2104 Government St

Year built
1962
Lot size
0.19 AC
Property size (Sq ft)
3,064 SF
Property type
Retail properties
APN
29 09 29 1 001 008.XXX
APU
2909291001008XXX

Description

This 3,064 square foot retail property, located at 2104 Government Street in Mobile, Alabama, presents a fantastic opportunity for entrepreneurs and established businesses alike. Situated on a 0.19-acre lot, this property boasts exceptional visibility and accessibility, making it ideal for a variety of commercial uses. The spacious interior offers ample room for retail displays, office spaces, or a combination of both, catering to diverse business needs. Its prime location within Mobile ensures high foot traffic and excellent exposure to potential customers. The asking price for this well-positioned commercial property is $350,000. This represents a significant investment opportunity in a thriving market. The property's versatility allows for customization to suit a wide range of business models, making it an attractive prospect for those seeking a strong foothold in the Mobile commercial landscape. Don't miss this chance to secure a prominent location for your business venture. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $610,008
    6.5%
    $563,085
    7%
    $522,864
  • Comparable approach

    Method
    Valuation
    Relative Method
    $522,591
    Geo Method
    $548,906
  • Alternative Use

    Use
    Valuation
    Residential
    $474,983
    Hospitality
    $435,082
    Educational
    $361,983
    Medical
    $374,432
    Retail
    $563,085

Location Insight

City
Mobile
County
Mobile
State
Alabama
Latitude
30.6753
Longitude
-88.0904
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
$1,717
$6,140
$20,260
$26,400
-
$30,700
$101,300
$132,000

FAQs

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