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Property profile & analytics
OFF-MARKET
Estimated value
$4,695,000
Office buildings
1101 Ct St Montgomery, AL 36104-2011
Entity Owned
1-yr Hold
Free & Clear
Property ID
US03-2816059
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Total area
76,225 SF
Lot
5 ac (217,800 SF)
Zoning code
M-3
APN
11-01-01-1-018-002.000
UPID
US03-2816059
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.70M
Owner & transaction history
Sogo Properties LLC · 1 yrs held
Sogo Properties LLC
since 2024
Last sale
$4.7M
2 recorded transactions
Zoning & alternative use
M-3 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.9M
+85.5%
Commercial (general)
$5.8M
+83.7%
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
$4,695,000
ML approach
$4,695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,180,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,900,000
Change: +86% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,845,000
Change: +84% · Conversion: Easy
RETAIL STORES
$3,070,000
Change: -4% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,965,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$4.70M
Range $4.23M – $5.16M · ±10% · vs last sale $4.69M (Oct 31 2024)
Last sale anchor
$4.69M
Oct 31 2024
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
$62 / 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
$6,254
Tax year 2023
Assessed value
$116,280
Assessed 2023
Previous assessed
$116,280
+0.0% YoY
Effective rate
5.38%
On assessed value
Assessed land
$13,100
Assessed improvement
$103,180
Land market value
$65,500
Improvement market value
$515,900
Total market value
$581,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1920
Heating
SPACE
Cooling
YES
Buildings
3
Stories
1
Units
102
Bathrooms
1
Total area
76,225 SF
Lot
5 ac (217,800 SF)
Zoning code
M-3
APN
11-01-01-1-018-002.000
UPID
US03-2816059
Jurisdiction
MONTGOMERY
Zoning & alternative use
M-3 · Montgomery, AL
Zoning M-3 · permitted uses
M-3 · 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
OFFICE BUILDING Current
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.9M
COMMERCIAL (GENERAL)
Est. value
$5.8M
RETAIL STORES
Est. value
$3.1M
WAREHOUSE, STORAGE
Est. value
$3.0M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1920
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Units
102
Bathrooms
1
Lot
5 ac
Current owner
From public records · entity-resolved
Sogo Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1101 N CT ST, MONTGOMERY, AL 36104-2011
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2024
$4,692,937
Sogo Properties LLC
Whitfield Foods INC
Warranty Deed
—
Mar 25, 2024
—
Whitfield Foods INC
Industrial Dev Brd Of City Of Montg
Warranty Deed
—
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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