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    Property profile & analytics

    459 Mcdonough St Montgomery, AL 36104

    • Office buildings
    • 7,345 SF
    • 0.27 lot acres
    For Sale
    View listing
    $735,000
    Value Estimation
    Location Intelligence
    Property ID
    US03-3117802
    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

    • Toastmasters International / Non-Profit Organization

    Property Details for 459 Mcdonough St

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.27 lot acres
    Property size
    7,345 SF
    Zone code
    T4-R
    Property type
    Office buildings
    APN
    10-04-18-2-201-029.000
    APU
    1004182201029000

    Description

    This exceptional two-story office building, situated on a 0.273-acre lot in downtown Montgomery, Alabama, presents a compelling investment opportunity. Boasting 7,348 total square feet and 5,414 net rentable square feet, this property offers a versatile space ideal for a variety of uses. Currently vacant, the building is ready for immediate occupancy and features five individual units. Constructed in 1970, the structure is zoned T4-R and benefits from a highly desirable location across the street from the Montgomery County City Library. Its central downtown location places it within easy reach of numerous governmental buildings, law firms, and healthcare facilities, ensuring high visibility and accessibility. The asking price is $735,000, translating to $100.03 per square foot. This represents a significant opportunity to acquire a well-positioned commercial property in a thriving urban core. The property's address is 459 S McDonough St, Montgomery, AL 36104. This is a for-sale-by-owner listing.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $185,000
      6.5%
      $180,000
      7%
      $170,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $210,000
      Mixed-Use
      $160,000
      Hospitality
      $175,000
      Educational
      $165,000
      Residential Income
      $185,000
      Energy
      $170,000
      Income-Based Land
      $190,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.3044
    Latitude
    32.3724
    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
    $3,608
    $14,280
    $74,340
    $88,620
    -
    $71,400
    $371,700
    $443,100

    Comparable in this City

    • Value Estimation by Request
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      OFFICE BUILDING • 3,552 SF
      1124 Adams Ave, Montgomery, AL 36104-4502
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      424 Decatur St

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      261 Dexter Ave

      OFFICE BUILDING • 58,930 SF
      261 Dexter Ave, Montgomery, AL 36104
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    Montgomery, AL 36104
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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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