Technical
Financial
Distress signals
Property profile

111 Folmar Pkwy Montgomery, AL 36105

OFF-MARKET
Manufacturing properties
Property ID
US03-0877061
240,744 SF 22 ac lot Built 1990
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1990
Total area 240,744 SF
Lot 22 ac (958,320 SF)
Zoning code M-1
APN 14-05-21-0-000-012.000
UPID US03-0877061

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

111 Folmar Pkwy Montgomery, AL 36105-5502
Montgomery metro Census 5904 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.28M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$14.59M

Owner & transaction history

since 2020
Last sale
$14.3M
3 recorded transactions
2020
$14.3M
2020
$7.0M
2009
$575,000

Zoning & alternative use

M-1 · Montgomery, AL
Zoning description

1; Ord. No. 44-68, § 1; Ord. No. 31-73; Ord. No. 69-83, § 1, 9-27-1983; Ord. No. 84-2002, § 1, 12-17-2002; Ord. No. 42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014) Sec. 4. - Industrial districts. Light Industry…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $20.6M +296.1%
Commercial (general) $20.1M +286.4%
Office building $19.7M +278.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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