Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1130 Ann St Montgomery, AL 36107-3002

    • Strip malls
    • 21,091 SF
    • 1.22 lot acres
    OFF-MARKET
    Last Sale
    Dec 14, 2023
    $2,685,184
    Value Estimations
    $2,885,000
    Show details
    Cap Rate Potential
    9.8%
    Strip malls
    Location Intelligence
    Property ID
    US03-0314978
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wow Wings / Chicken Wings Restaurant

    Property Details for 1130 Ann St

    Year built
    2005
    Construction
    WOOD
    Lot size
    1.22 lot acres
    Property size
    21,091 SF
    Zone code
    B-2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    10-05-16-2-009-019.002
    APU
    1005162009019002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,555,000
      ML approach
      $2,515,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,180,000
      6.5%
      $3,860,000
      7%
      $3,585,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,635,000
      Current use
      MEDICAL BUILDING
      $2,885,000
      Change: +77% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,615,000
      Change: -1% Conversion: Easy
      RETAIL STORES
      $1,605,000
      Change: -2% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.272
    Latitude
    32.367
    CBSA code
    33860
    CBSA name
    MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,716
    $105,980
    $273,580
    $379,560
    -
    $529,900
    $1,367,900
    $1,897,800

    Comparable in this City

    • Value Estimation
      $550,000
      29,378 SF

      2501 Atlanta Hwy

      SHOPPING CENTER, STRIP CENTER • 29,378 SF
      2501 Atlanta Hwy, Montgomery, AL 36107
      View Details
    • Value Estimation
      $220,000
      10,000 SF

      2750 Poplar St

      SHOPPING CENTER, STRIP CENTER • 10,000 SF
      2750 Poplar St, Montgomery, AL 36107-3012
      View Details
    • Value Estimation
      $630,000
      23,299 SF

      1375 Federal Dr

      SHOPPING CENTER, STRIP CENTER • 23,299 SF
      1375 Federal Dr, Montgomery, AL 36107-1121
      View Details
    • Value Estimation
      $335,000
      9,163 SF

      2720 Poplar St

      SHOPPING CENTER, STRIP CENTER • 9,163 SF
      2720 Poplar St, Montgomery, AL 36107-3012
      View Details
    • Value Estimation
      $100,000
      3,200 SF

      612 Panama St

      SHOPPING CENTER, STRIP CENTER • 3,200 SF
      612 Panama St, Montgomery, AL 36107-2426
      View Details
    • Value Estimation
      $240,000
      5,449 SF

      1857 Mt Meigs Rd

      SHOPPING CENTER, STRIP CENTER • 5,449 SF
      1857 Mt Meigs Rd, Montgomery, AL 36107-2209
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      20,890 SF

      Montgomery Plaza South: Value-Add Retail

      High-traffic retail center, month-to-month leases.
      1375 Federal Dr, Montgomery, AL 36107
      View Details
    • Contact for pricing
      1,450 SF

      Montgomery Auto Shop For Sale

      1,450 SF Vacant Auto Shop, Prime Location
      1325 Federal Dr, Montgomery, AL 36107
      View Details
    • Contact for pricing

      Freestanding Restaurant Near Military Department

      Freestanding 2,998 SF restaurant near Alabama Military Department.
      1630 Federal Dr, Montgomery, AL 36107
      View Details
    • Contact for pricing
      120.00 Acres

      120-Acre Montgomery Development Land

      Prime Commercial/Residential Land, 120 Acres
      1401 Federal Dr, Montgomery, AL 36107
      View Details
    • $299,000
      1.15 Acres

      Montgomery Commercial Land - $299K

      High-visibility retail lot, prime location.
      2535 Upper Wetumpka Rd, Montgomery, AL 36107
      View Details
    • $89,900

      Remodeled Duplex on Corner Lot

      Remodeled duplex with two units, each featuring 2 bedrooms/1 bath.
      2301 Palmetto St, Montgomery, AL 36107
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,500 SF

      Montgomery Plaza North Retail Space

      Prime Retail/Office Space Available in Montgomery, AL
      1417 Federal Dr, Montgomery, AL 36107
      View Details
    • Contact for pricing
      41,225 SF

      Montgomery Plaza Retail Center

      Prime Montgomery retail space, high traffic area.
      1375 Federal Dr, Montgomery, AL 36107
      View Details
    • $22 SF/Yr
      21,216 SF

      Midtown Plaza Retail Space Available

      High-traffic Montgomery retail space.
      969 Ann St, Montgomery, AL 36107
      View Details
    • $14 SF/Yr
      41,225 SF

      Prime Montgomery Retail Space

      41,225 SF Retail Center, Multiple Spaces Available
      1351 Federal Dr, Montgomery, AL 36107
      View Details
    • Contact for pricing
      1,450 SF

      Montgomery Auto Shop For Sale/Lease

      1,450 SF Retail Space, High Traffic Area
      1325 Federal Dr, Montgomery, AL 36107
      View Details
    • $13 SF/Yr
      9,163 SF

      Montgomery Retail Center Investment Opportunity

      High-traffic retail space, two units available.
      2720 Poplar St, Montgomery, AL 36107
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1130 Ann St
    Montgomery, AL 36107-3002
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.