1110 Montlimar DrMobile, AL 36609

  • Office properties
  • 210,573 SF
For Lease
$4.92/SF/YR View listing

Property Details for 1110 Montlimar Dr

Year built
1984
Lot size
7.64 AC
Property size (Sq ft)
210,573 SF
Property type
Office properties
Property subtype
Office buildings
APN
28 07 25 3 000 001.001
APU
2807253000001001

Description

This Mobile, Alabama office property at 1110 Montlimar Dr, 36609, offers a diverse range of flexible workspace solutions in Mobile County. The property caters to various business needs, providing traditional office spaces, executive suites, coworking areas, medical offices, and creative office environments. Tenancy is multiple, allowing for businesses of all sizes to find a suitable fit. Options range from fully furnished and equipped private offices tailored to individual company requirements, including serviced, custom, disaster recovery, and day offices. Coworking spaces offer shared office or open-plan areas, with options for daily or hot desk reservations. Meeting rooms are available for various needs, from informal chats to formal presentations and conferences. Virtual office options include prestigious business addresses, mail handling, and virtual assistant services, with varying levels of access to physical office space. Flexible working plans provide access to a global network of workspaces, offering options for private offices or coworking spaces with varying levels of monthly access. The property is ideally situated in Mobile, offering convenient access to local amenities and transportation. While the total square footage is currently unavailable, the property offers a wide variety of space options to accommodate businesses of all sizes, from single-person offices to large corporate spaces. Inquire today to explore the possibilities and find the perfect workspace to meet your business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $33,392,982
    6.5%
    $30,824,292
    7%
    $28,622,556
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,062,695
    Geo Method
    $14,969,635
  • Alternative Use

    Use
    Valuation
    Residential
    $38,222,120
    Hospitality
    $35,011,256
    Educational
    $29,128,956
    Medical
    $30,130,744
    Retail
    $45,311,708
1110 Montlimar Dr, Mobile, Alabama

Location Insight

City
Mobile
County
Mobile
State
Alabama
Latitude
30.6678
Longitude
-88.1347
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
$131,693
$266,280
$5,844,380
$6,110,660
-
$1,331,400
$29,221,900
$30,553,300

FAQs

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