Technical
Financial
Distress signals
Property profile

1507 Mt Meigs Rd Montgomery, AL 36107

OFF-MARKET
Warehouses
Property ID
US03-0833007
3,482 SF 0.15 ac lot Built 1950
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1950
Total area 3,482 SF
Lot 0.15 ac (6,548 SF)
Zoning code M-1
APN 10-03-08-3-023-018.000
UPID US03-0833007

Cap rate & NOI

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

Location

1507 Mt Meigs Rd Montgomery, AL 36107
Montgomery metro Census 500 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$95k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2020
Last sale
$18,000
3 recorded transactions
2020
$3,000
2015
$100,000
2015
$5,500

Zoning & alternative use

M-1 · Montgomery, AL
Zoning description

1; Ord. No. 44-68, § 1; Ord. No. 31-73; Ord. No. 69-83, § 1, 9-27-1983; Ord. No. 84-2002, § 1, 12-17-2002; Ord. No. 42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014) Sec. 4. - Industrial districts. Light Industry…

General category INDUSTRIAL

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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