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    1600 Interstate Park Dr Montgomery, AL 36109-5418
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    Property profile & analytics

    1600 Interstate Park Dr, Montgomery, AL 36109-5418

    View on Map

    • Motels
    • 60,477 SF
    • 3.00 lot acres
    Off-Market
    Last Sale Jul 23, 2021
    $6,678,000
    Property ID
    US03-3112280
    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.

    Value Estimations
    $5,925,000
    Show details
    Cap Rate Potential
    5.5%
    Motels
    Location Intelligence

    Current Use by Public Records

    • Hilton Garden Inn Montgomery East / Hotel & Motel

    Property Details for 1600 Interstate Park Dr

    Year built
    2003
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.00 lot acres
    Zone code
    B-4
    Property type
    Motels
    APN
    10-05-15-4-002-005.000
    APU
    1005154002005000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 23, 2021 $6,678,000 Fp Montgomery I LLC Apple Seven Hospitality Ownership I Warranty Deed —
    Sep 25, 2006 $7,403,000 Apple Seven Hospitality Southe Montgomery Hotels LLC Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,595,000
      ML approach
      $5,325,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,170,000
      6.5%
      $4,775,000
      7%
      $4,430,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,487,000
      Market price range: $3.47M - $9.51M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $5,665,000
      Current use
      MEDICAL BUILDING
      $8,265,000
      Change: +46% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $4,680,000
      Change: -17% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $4,635,000
      Change: -18% Conversion: Difficult
      RETAIL STORES
      $4,605,000
      Change: -19% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2428
    Latitude
    32.3609
    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
    $90,317
    $78,400
    $1,356,380
    $1,434,780
    -
    $392,000
    $6,781,900
    $7,173,900

    Property Visit Statistics

    • Visits by month
      5.7k
    • Visitors by month
      3.2k
    • Avg Time on site
      466 min
    More about this property
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