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    Property profile & analytics

    1231 Perry Hl Rd Montgomery, AL 36109-5235

    • Retail space
    • 9,999 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US03-0029666
    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

    • Breunde Moultrie, Res. Movement RE Alabama / Real Estate Agent
    • Nakia Johnson, Res. Movement RE Alabama / Real Estate Agent
    • Erica Avery, Pivot Realty / Real Estate Agent
    • Kimberly Brown, Realtor, Residential Movement Real Estate Alabama / Real Estate Agent
    • Rape Assistance / Social Services Organization

    Property Details for 1231 Perry Hl Rd

    Year built
    1978
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.75 lot acres
    Property size
    9,999 SF
    Zone code
    B-2
    Property type
    Retail space
    APN
    10-05-15-4-002-007.000
    APU
    1005154002007000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $225,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $255,000
      Mixed-Use
      $245,000
      Hospitality
      $235,000
      Educational
      $220,000
      Residential Income
      $220,000
      Energy
      $205,000
      Income-Based Land
      $220,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2436
    Latitude
    32.3609
    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
    $4,656
    $32,720
    $62,260
    $94,980
    -
    $163,600
    $311,300
    $474,900

    Comparable in this City

    • Value Estimation
      $285,000
      2,500 SF

      3600 Atlanta Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      3600 Atlanta Hwy, Montgomery, AL 36109-3622
      View Details
    • Value Estimation
      $390,000
      10,419 SF

      3371 Atlanta Hwy

      RETAIL STORES (PERSONAL SERVICES) • 10,419 SF
      3371 Atlanta Hwy, Montgomery, AL 36109-2746
      View Details
    • Value Estimation
      $375,000
      7,000 SF

      3036 Atlanta Hwy

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      3036 Atlanta Hwy, Montgomery, AL 36109-3406
      View Details
    • Value Estimation
      $475,000
      7,808 SF

      4101 Atlanta Hwy

      RETAIL STORES (PERSONAL SERVICES) • 7,808 SF
      4101 Atlanta Hwy, Montgomery, AL 36109-3022
      View Details
    • Value Estimation
      $650,000
      14,292 SF

      3892 Atlanta Hwy

      RETAIL STORES (PERSONAL SERVICES) • 14,292 SF
      3892 Atlanta Hwy, Montgomery, AL 36109-3626
      View Details
    • Value Estimation
      $275,000
      7,787 SF

      126 Coliseum Blvd

      RETAIL STORES (PERSONAL SERVICES) • 7,787 SF
      126 Coliseum Blvd, Montgomery, AL 36109-2708
      View Details

    Similar Nearby for Sale

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      Versatile property suitable for residential and commercial use.
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    • Contact for pricing
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    Similar Nearby for Lease

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      Prime Retail Space Available in Montgomery
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    • Contact for pricing
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    • $14 SF/Yr
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      Montgomery Retail Center Investment Opportunity

      Prime retail space available in Montgomery, AL.
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    • $14 SF/Yr
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      Prime Montgomery Retail Space

      2,115 SF Retail Building - Available Now
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    • $11 SF/Yr
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      Prime Montgomery retail strip center with 4 spaces available.
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    Montgomery, AL 36109-5235
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    Realmo Value Estimation

    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.

    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.

    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
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