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Property profile & analytics
OFF-MARKET Estimated value $980,000
Sports & entertainment properties

1045 Coliseum Blvd Montgomery, AL 36109-1211

20,469 SF 5.6 ac lot Built 2004
Entity Owned 22-yr Hold ~ Est. High Equity
Property ID
US03-0318633
Property summary
AI-generated overview

This exceptional commercial property, located at 1045 Coliseum Boulevard in Montgomery, Alabama, presents a significant investment opportunity. The main building boasts over 20,000 square feet of versatile space, ideally suited for a variety of uses. The layout includes twelve classrooms, a substantial 350-seat sanctuary equipped with a sound and multimedia system, five full bathrooms (four with multiple stalls), a commercial-grade kitchen, a large dining area, and multiple offices. The property also features a detached 1200 square foot outbuilding complete with a kitchenette and two bathrooms, providing additional space for storage, workshops, or other supplementary functions. Ample parking is available on the expansive 5.6-acre lot, ensuring convenient access for occupants and visitors. The property's prime location is just off Congressman Dickinson Boulevard and directly across from the Department of Public Safety driver's license office, offering high visibility and accessibility. This property is priced significantly below its tax appraisal, representing a compelling value proposition for discerning investors. The combination of size, amenities, and location makes this a truly unique opportunity in the Montgomery commercial real estate market. The property's versatility allows for a wide range of potential uses, making it an attractive investment for both established businesses and new ventures.

Property profile
Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 2004
Total area 20,469 SF
Lot 5.6 ac (243,936 SF)
Zoning code INST
APN 04-08-33-4-000-005.000
UPID US03-0318633
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
  • Church of God-Beacon of Hope Church
  • Beacon-Hope Childcare & Learning Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$980k
Owner & transaction history
Beacon Of Hope Ch Of God INC · 22 yrs held
Beacon Of Hope Ch Of God INC
since 2004
3 recorded transactions
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
INST · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.4M +20.1%
Medical building $1.3M +13.5%
Office building $1.3M +8.7%
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