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    Property profile & analytics

    1807 3Rd St Montgomery, AL 36106

    • Retail space
    • 1,276 SF
    • 0.17 lot acres
    For Sale
    View listing
    $114,900
    Value Estimation
    Last Sale
    Mar 17, 2023
    $90,000
    Location Intelligence
    Property ID
    US03-0291048
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • West Third Salon / Nail Salon / Hair Salon
    • DSG Business Consulting / Business Management Consultant

    Property Details for 1807 3Rd St

    Year built
    1930
    Lot size
    0.17 lot acres
    Property size
    1,276 SF
    Zone code
    R-60-S
    Property type
    Retail space
    APN
    10-04-17-3-010-009.000
    APU
    1004173010009000

    Description

    This 114,900 dollar commercial property located at 1807 W 3rd Street in Montgomery, Alabama presents a fantastic opportunity for entrepreneurs and business owners. The building boasts a flexible layout, previously utilized as a beauty salon, making it adaptable to a wide range of commercial ventures. Upon entry, a welcoming reception or waiting area sets the tone. Beyond this space, three generously sized rooms offer ample room for operations. One room features a unique advantage: custom-designed styling stations with built-in cabinetry, a testament to thoughtful previous improvements. The property has undergone significant upgrades to both the plumbing and electrical systems, ensuring modern functionality and efficiency for any new business. These upgrades were implemented to meet the demands of the previous tenant. The building sits on a lot with zero acres. The square footage is not specified. The property's versatility, coupled with its recent enhancements, makes it an exceptional investment opportunity in a thriving Montgomery location. Schedule a viewing to explore the potential of this adaptable commercial space and envision your business thriving within its walls.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $85,000

    • CAP approach

      CAP return
      Estimation
      6%
      $85,000
      6.5%
      $80,000
      7%
      $80,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $100,000
      Geo Method
      $85,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $85,000
      Retail
      $90,000
      Mixed-Use
      $90,000
      Hospitality
      $95,000
      Educational
      $90,000
      Residential Income
      $80,000
      Energy
      $90,000
      Income-Based Land
      $100,000
      Food Service
      $80,000

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2841
    Latitude
    32.3639
    CBSA code
    33860
    CBSA name
    MONTGOMERY, 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
    $832
    $6,000
    $11,040
    $17,040
    -
    $30,000
    $55,200
    $85,200

    Comparable in this City

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    • Value Estimation by Request
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      RETAIL STORES (PERSONAL SERVICES) • 1,580 SF
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    • Value Estimation
      $315,000
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      4241 Carmichael Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,095 SF
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      View Details

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    Montgomery, AL 36106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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