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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Grocery and convenience stores
1100 Ann St Montgomery, AL 36107-3002
Entity Owned
2-yr Hold
Free & Clear
Property ID
US03-0212399
Property summary
AI-generated overview
This exceptional 1,650 square foot retail space, located at 1100 Ann St in Montgomery, Alabama (zip code 36107), presents a fantastic opportunity for a single-tenant restaurant. Ideally suited for a franchise operation, this property boasts a prime location on an interstate corridor, ensuring high visibility and significant foot traffic. The site enjoys a daily traffic count exceeding 28,767 vehicles, providing substantial exposure to potential customers. Currently vacant and ready for immediate occupancy, this space is perfect for a drive-thru restaurant concept. The lease is a Net, Net, Net (NNN) agreement, meaning the tenant is responsible for property taxes, insurance, and maintenance. This turnkey solution allows businesses to focus on operations and growth, minimizing upfront investment and operational overhead. The property's strategic location and high traffic volume make it an exceptional investment for any restaurant seeking a thriving location in Montgomery, Alabama. Interested parties should contact the listing agent for showings and further details.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1994
Total area
4,116 SF
Lot
0.93 ac (40,467 SF)
Zoning code
B-4
APN
10-05-16-2-009-020.000
UPID
US03-0212399
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
-
WorlWide Jewellery (Bike/Boat/Book/etc) Store
-
ATM Atm
-
Z-Mart Grocery & Convenience Store
-
Ann Street Liberty Gas Station
-
Entec Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$755k
Comparable Approach
Comparable
$824k
Blend (final)
Blend
$605k
Owner & transaction history
Ram 2018 LLC · 2 yrs held
Ram 2018 LLC
since 2024
4 recorded transactions
Zoning & alternative use
B-4 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$565,000
+76.6%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$755,000
7%
$700,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$565,000
Change: +77% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$147 / 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
$9,986
Tax year 2023
Assessed value
$205,480
Assessed 2023
Previous assessed
$205,480
+0.0% YoY
Effective rate
4.86%
On assessed value
Assessed land
$97,200
Assessed improvement
$108,280
Land market value
$486,000
Improvement market value
$541,400
Total market value
$1,027,400
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1994
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
126
Bathrooms
1
Total area
4,116 SF
Lot
0.93 ac (40,467 SF)
Zoning code
B-4
APN
10-05-16-2-009-020.000
UPID
US03-0212399
Jurisdiction
MONTGOMERY
Zoning & alternative use
B-4 · Montgomery, AL
Zoning 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
Montgomery. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$565,000
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
126
Bathrooms
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Ram 2018 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1100 ANN ST, MONTGOMERY, AL 36107-3002
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2024
—
Ram 2018 LLC
Lavigne Oil Company Of Baton Rouge
Contract Sale
—
Apr 16, 2021
$4,000,000
Ram 2018 INC
Manav LLC
Warranty Deed
$3,400,000 · First Citizens Bank
Nov 24, 2010
$150,000
Manay LLC
Hah Marketing LLC
Warranty Deed
—
—
—
Manav LLC
—
Deed Of Trust
related
$1,900,000 · Cornerstone Bank
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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