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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Automotive properties
1040 Eastern Blvd Montgomery, AL 36117-1919
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US03-1041454
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1969
Total area
20,633 SF
Lot
5.2 ac (226,512 SF)
Zoning code
B-4
APN
10-06-13-4-002-001.000
UPID
US03-1041454
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Jack Ingram Select Used Cars Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$809k
Blend (final)
Blend
$580k
Owner & transaction history
R Ing Properties LLC · 10 yrs held
R Ing Properties LLC
since 2016
2 recorded transactions
Zoning & alternative use
B-4 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
or of a tenant space in a multi-tenant building, to any residential or PUD residential district line. Facilities operating prior to the adoption of this ordinance shall be considered legal non-conforming. Local Shopping B-4, Community Shopping B-5 Item Districts B-4 B-5 Classes of business or services permitted A & B A & B Classes of business or services whi…
Zone name
Planned Commercial Local
General category
COMMERCIAL
Zone area
406.09 ac
Source
code of ordinances
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montgomery submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$580k
Range $522k – $638k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$28 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,557
Tax year 2023
Assessed value
$338,560
Assessed 2023
Previous assessed
$338,560
+0.0% YoY
Effective rate
4.89%
On assessed value
Assessed land
$144,280
Assessed improvement
$194,280
Land market value
$721,400
Improvement market value
$971,400
Total market value
$1,692,800
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1969
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Units
105
Bathrooms
2
Total area
20,633 SF
Lot
5.2 ac (226,512 SF)
Zoning code
B-4
APN
10-06-13-4-002-001.000
UPID
US03-1041454
Jurisdiction
MONTGOMERY
Zoning & alternative use
B-4 · Montgomery, ALZoning B-4 · permitted uses
B-4 · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
or of a tenant space in a multi-tenant building, to any residential or PUD residential district line. Facilities operating prior to the adoption of this ordinance shall be considered legal non-conforming. Local Shopping B-4, Community Shopping B-5 Item Districts B-4 B-5 Classes of business or services permitted A & B A & B Classes of business or services which may be permitted on appeal C & D D Classes of business or services restricted E
Zone name
Planned Commercial Local
General category
COMMERCIAL
Zone area
406.09 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1969
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
105
Bathrooms
2
Lot
5.2 ac
Current owner
From public records · entity-resolved
R Ing Properties LLC
Entity
Mailing address
PO BOX 240309, MONTGOMERY, AL 36124-0309
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2016
$1,282,500
R Ing Properties LLC
Hadmanco INC
Warranty Deed
$1,026,000 · Bank Of America
Jun 24, 2016
$1,282,500
R Ing Properties LLC
Hadmanco INC
Warranty Deed
$1,026,000 · Bank Of America NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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