Property profile

115 Montgomery St Montgomery, AL 36104

OFF-MARKET
Retail space
Property ID
US03-0290211
6,120 SF 0.05 ac lot Built 1948
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Total area 6,120 SF
Lot 0.05 ac (2,051 SF)
Zoning code T5
APN 11-01-12-4-404-041.001
UPID US03-0290211

Cap rate & NOI

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

Location

115 Montgomery St Montgomery, AL 36104-3524
Montgomery metro Census 100 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$678k
Blend (final) Blend
$280k

Owner & transaction history

since 2019
4 recorded transactions
2019
$310,000
2019
Price N/A
2013
$292,500
2005
Price N/A

Zoning & alternative use

T5 · Montgomery, AL
Zoning description

Urban Center Zone consists of higher density mixed use buildings that accommodate retail, offices, rowhouses and apartments. It has a tight network of streets, with wide sidewalks, steady street tree planting and buildin…

General category MIXED_USE
Top alternative use upside
Medical building $835,000 +239.4%
Neighborhood: shopping center $475,000 +92.3%
Commercial (general) $470,000 +90.3%

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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