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Property profile & analytics
OFF-MARKET
Estimated value
$5,925,000
Motels
1600 Interstate Park Dr Montgomery, AL 36109-5418
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-3112280
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
60,477 SF
Lot
3 ac (130,680 SF)
Zoning code
B-4
APN
10-05-15-4-002-005.000
UPID
US03-3112280
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
-
Hilton Garden Inn Montgomery East Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.33M
CAP Approach
CAP
$4.78M
Comparable Approach
Comparable
$6.49M
Blend (final)
Blend
$5.93M
Owner & transaction history
Fp Montgomery I LLC · 5 yrs held
Fp Montgomery I LLC
since 2021
Last sale
$6.7M
2 recorded transactions
Zoning & alternative use
B-4 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
or of a tenant space in a multi-tenant building, to any residential or PUD residential district line. Facilities operating prior to the adoption of this ordinance shall be considered legal non-conforming. Local Shopping B-4, Community Shopping B-5 Item Districts B-4 B-5 Classes of business or services permitted A & B A & B Classes of business or services whi…
Zone name
Planned Commercial Local
General category
COMMERCIAL
Zone area
406.09 ac
Source
code of ordinances
Top alternative use upside
Medical building
$8.3M
+45.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montgomery submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue 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
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
Blend value · Realmo final
$5.93M
Range $5.33M – $6.52M · ±10% · vs last sale $6.68M (Jul 23 2021)
Last sale anchor
$6.68M
Jul 23 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$98 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$90,317
Tax year 2023
Assessed value
$1,434,780
Assessed 2023
Previous assessed
$1,434,780
+0.0% YoY
Effective rate
6.29%
On assessed value
Assessed land
$78,400
Assessed improvement
$1,356,380
Land market value
$392,000
Improvement market value
$6,781,900
Total market value
$7,173,900
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
4
Units
97
Bathrooms
98
Total area
60,477 SF
Lot
3 ac (130,680 SF)
Zoning code
B-4
APN
10-05-15-4-002-005.000
UPID
US03-3112280
Jurisdiction
MONTGOMERY
Zoning & alternative use
B-4 · Montgomery, ALZoning B-4 · permitted uses
B-4 · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
or of a tenant space in a multi-tenant building, to any residential or PUD residential district line. Facilities operating prior to the adoption of this ordinance shall be considered legal non-conforming. Local Shopping B-4, Community Shopping B-5 Item Districts B-4 B-5 Classes of business or services permitted A & B A & B Classes of business or services which may be permitted on appeal C & D D Classes of business or services restricted E
Zone name
Planned Commercial Local
General category
COMMERCIAL
Zone area
406.09 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.7M
MEDICAL BUILDING
Est. value
$8.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.6M
RETAIL STORES
Est. value
$4.6M
HOTEL/MOTEL Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
97
Bathrooms
98
Lot
3 ac
Current owner
From public records · entity-resolved
Fp Montgomery I LLC
Entity
Free & Clear · 5 yrs held
Mailing address
7115 LEESBURG PIKE STE #206, FALLS CHURCH, VA 22043-2301
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
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
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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