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    Property profile & analytics
    OFF-MARKET Estimated value $785,000
    Theaters & concert halls

    150 Fleming Rd, Montgomery, AL 36105-3208

    34,846 SF 6 ac lot Built 2003
    Individually Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US03-3141647
    Property summary
    AI-generated overview

    This exceptional 34,588-square-foot special purpose property, built in 2003, presents a unique investment opportunity in Montgomery, Alabama. Located on a generous 15-acre lot at 150 E Fleming Rd, 36105, near the intersection of E Fleming Road and Norman Bridge Road, this former church offers immense potential for adaptive reuse. The asking price is $1,750,000, translating to $50.60 per square foot. The property consists of a single building and includes existing furniture, fixtures, and equipment. This comprehensive inventory encompasses chairs, audio systems, and daycare furniture, offering a significant head start for prospective buyers. The property's size and location make it suitable for a variety of uses, including but not limited to: a church, school, call center, entertainment venue, or governmental office. Its substantial square footage and expansive acreage provide ample space for diverse operational needs and future expansion. This is a rare opportunity to acquire a substantial property in a desirable Montgomery location. The property's versatility and existing infrastructure make it an attractive proposition for a wide range of potential buyers.

    Property profile
    Verified
    Property type Theaters & concert halls
    Use group THEATER (MOVIE)
    Year built 2003
    Total area 34,846 SF
    Lot 6 ac (261,360 SF)
    Zoning code M-1
    APN 10-09-31-3-001-001.003
    UPID US03-3141647
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • 204 - AFED CONFERENCE CENTER Community Center
    • Food Distribution Center Food Bank Charitable Organization
    • YouthCity Family Recreation Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $785k
    Owner & transaction history
    Remnant House Of Worship · 6 yrs held
    Remnant House Of Worship
    since 2020
    4 recorded transactions
    2020
    $254,373
    2019
    $2.2M
    2006
    $3.7M
    1969
    Zoning & alternative use
    M-1 · Montgomery, AL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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