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Property profile & analytics

142 Montgomery St Montgomery, AL 36104-3525

  • Turn key restaurants
  • 3,600 SF
  • 0.04 lot acres
OFF-MARKET
Value Estimations
$300,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US03-0298211
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

  • Turn key restaurants

Property Details for 142 Montgomery St

Year built
1920
Lot size
0.04 lot acres
Property size
3,600 SF
Zone code
T5
Property type
Turn key restaurants
APN
11-01-12-4-404-011.000
APU
1101124404011000

Description

This exceptional 3,600 square foot restaurant space, formerly home to Flames Grill, presents a unique opportunity in the heart of downtown Montgomery. The single-tenant property sits on a 0.41-acre lot and is zoned T5, allowing for a variety of uses. The existing 2,300 square foot interior features a fully equipped commercial kitchen, ready for immediate operation. Its prime location offers unparalleled access to a thriving community. Within walking distance are the Montgomery Convention Center, MPAC, the Equal Justice Initiative (EJI) site, prime historical tourist destinations, Riverfront Park, and a vibrant mix of hotels, restaurants, retail shops, offices, and entertainment venues. The property benefits from a high concentration of potential customers, with approximately 35,826 employees in downtown Montgomery and over 4,000 Troy University Montgomery students within a four-block radius. Its convenient location is also just 1.5 miles from the I-85/I-65 interchange and 2 miles from Maxwell Air Force Base, serving 25,000 active duty personnel, guards, reserves, contractors, and retirees, with the Air Force University attracting over 20,000 attendees annually. This property offers significant potential for a new restaurant or a similar business seeking a high-visibility location in a bustling urban environment. Montgomery County location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $255,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $343,000
    Market price range: $132k - $470k

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


Location Insight

  • Map
  • Local Demand
City
Montgomery
County
Montgomery
State
Alabama
Longitude
-86.3105
Latitude
32.3772
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
$2,353
$7,160
$40,980
$48,140
-
$35,800
$204,900
$240,700
More about this property
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