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    Property profile & analytics

    1601 Old Montgomery Rd Selma, AL 36703-7637

    • Grocery and convenience stores
    • 2,264 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-1270488
    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.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 1601 Old Montgomery Rd

    Year built
    1973
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.48 lot acres
    Property size
    2,264 SF
    Zone code
    S
    Property type
    Grocery and convenience stores
    APN
    15030640000390000
    APU
    15030640000390000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Selma
    County
    Dallas
    State
    Alabama
    Longitude
    -87.0065
    Latitude
    32.3873
    CBSA code
    42820
    CBSA name
    SELMA, AL MICROPOLITAN 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
    $624
    $0.00
    $0.00
    $18,340
    -
    $4,500
    $87,200
    $91,700

    Comparable in this City

    • Value Estimation
      $1,170,000
      2,548 SF

      9021 Al Hwy 14th E

      CONVENIENCE STORE • 2,548 SF
      9021 Al Hwy 14th E, Selma, AL 36703-5639
      View Details
    • Value Estimation by Request
      1,216 SF

      1830 Al Hwy 14th E

      CONVENIENCE STORE • 1,216 SF
      1830 Al Hwy 14th E, Selma, AL 36703-1525
      View Details
    • Value Estimation by Request
      1,970 SF

      1706 1st Ave

      CONVENIENCE STORE • 1,970 SF
      1706 1st Ave, Selma, AL 36703-3402
      View Details
    • Value Estimation by Request
      120 SF

      1501 Al Hwy 14th E

      CONVENIENCE STORE • 120 SF
      1501 Al Hwy 14th E, Selma, AL 36703-3201
      View Details
    • Value Estimation by Request
      2,088 SF

      1406 Marie Foster St

      CONVENIENCE STORE • 2,088 SF
      1406 Marie Foster St, Selma, AL 36703
      View Details
    • Value Estimation by Request
      9,290 SF

      20 Washington St

      GROCERY, SUPERMARKET • 9,290 SF
      20 Washington St, Selma, AL 36703-4448
      View Details

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      High-yield, 100% occupied retail center
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      Land available in Selma, Alabama.
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      Selma Multifamily Investment Opportunity

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    • $3,889,000

      Mixed-Asset Portfolio in Dallas County

      17-property portfolio with mobile home communities, industrial shell, and commercial land.
      1903 Highway 14 E, Selma, AL 36703
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      Residential Land with Acreage

      Residential land totaling 17 acres in developed neighborhood.
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    1601 Old Montgomery Rd
    Selma, AL 36703-7637
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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