Financial
Distress signals
Property profile

1585 Parallel St Montgomery, AL 36104

OFF-MARKET
Warehouses
Property ID
US03-0203326
7,360 SF 3.3 ac lot Built 1982
Last sale Nov 2019 · $335,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$74k
Assessed land$29k
Assessed improvement$45k
Effective rate4.91%

Value estimate

· Sep 2026
$220k
$198k – $242k
AI approach$220k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$39/SF
Submarket average, outlier-cleaned · 106 recorded sales of this use type
Observed band · Q1–Q3$21 – $56

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M-3
The purpose of this M-3 district is to provide areas for the Light industrial operations not obnoxious, offensive, or detrimental to neig...
General categoryINDUSTRIAL
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.1
Convenience Store8.2
Garden Center8.2

Location

1585 Parallel St Montgomery, AL 36104-1617
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
926 Decatur, Montgomery, AL 36104-5114 $40,000 Sep 2024 6,862 SF
437 Sadler, Montgomery, AL 36104-2455 $80,000 Feb 2023 10,071 SF
503 Perry, Montgomery, AL 36104-2648 $327,775 Apr 2021 6,863 SF
1601 Louisville, Montgomery, AL 36104 $150,000 Feb 2021 6,764 SF
501 Perry, Montgomery, AL 36104-2648 $875,000 Dec 2020 8,673 SF
619 Jefferson, Montgomery, AL 36104-3603 $285,000 Dec 2020 7,090 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1585 Parallel St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message