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Financial
Distress signals
Property profile

11 Dexter Ave Montgomery, AL 36104

OFF-MARKET
Retail space
Property ID
US03-0782153
9,300 SF 0.07 ac lot Built 1900
Last sale Nov 2024 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 10,201 square foot retail property, located at 11 Dexter Avenue in Montgomery, Alabama, presents a rare leasing opportunity. Situated on a 0.7-acre lot, this three-story building boasts a rich history, having previously housed the iconic City Drug store. Recently renovated, the space is now move-in ready for a new tenant. The building features a single tenancy configuration, with 2,652 square feet currently vacant. Constructed in 1900, the structure is zoned T-5, offering…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$148k
Assessed land$16k
Assessed improvement$132k
Effective rate2.40%

Value estimate

· Oct 2026
$1.50M
$1.35M – $1.65M
AI approach$1.50M
CAP approach$1.59M
Submarket $/SF estimate$1.26M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$40/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$14 – $62

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
T5
Urban Center Zone consists of higher density mixed use buildings that accommodate retail, offices, rowhouses and apartments. It has a tig...
General categoryMIXED_USE
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.0
Pawn Shop8.8
Smoke and Vape Shop8.8

Location

11 Dexter Ave Montgomery, AL 36104-3514
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
64 Monroe, Montgomery, AL 36104-3511 $200,000 Aug 2024 4,910 SF
425 Un, Montgomery, AL 36104-4329 $2,660,000 May 2024 5,312 SF
1043 Adams, Montgomery, AL 36104-4423 $50,000 Apr 2024 5,008 SF
1101 Adams, Montgomery, AL 36104-4501 $90,000 Jun 2023 6,892 SF
1508 Decatur, Montgomery, AL 36104-5504 $120,000 Nov 2022 5,124 SF
31 Commerce, Montgomery, AL 36104-3502 $522,000 Apr 2022 12,746 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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