1255 Townplace Dr Montgomery, AL 36106-2914
- Hotels
- 27,960 SF
- 2.66 lot acres
Current Use by Public Records
- Hotels
Property Details for 1255 Townplace Dr
- Year built
- 1998
- Lot size
- 2.66 lot acres
- Property size
- 27,960 SF
- Zone code
- B-3
- Property type
- Hotels
- APN
- 10-06-13-3-000-006.008
- APU
- 1006133000006008
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,390,000
- 6.5%
- $2,205,000
- 7%
- $2,050,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,791,000
Market price range: $294k - $2.10M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $2,620,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $2,165,000 Change: -17% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,145,000 Change: -18% Conversion: Difficult
- RETAIL STORES
- $2,130,000 Change: -19% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.2189
- Latitude
- 32.3612
- CBSA code
- 33860
- CBSA name
- MONTGOMERY, AL METROPOLITAN STATISTICAL AREA