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Property profile & analytics
OFF-MARKET
Strip malls
1614 Decatur St Montgomery, AL 36104-5603
Individually Owned
Absentee Owner
Free & Clear
Property ID
US03-1602214
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1965
Total area
5,130 SF
Lot
0.31 ac (13,404 SF)
Zoning code
R-60-S
APN
10-04-19-2-001-022.000
UPID
US03-1602214
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
-
Can a brotha get a slice Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
CHARLES A EVERAGE
CHARLES A EVERAGE
Zoning & alternative use
R-60-S · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
n of chicken brooder houses; and provided no structure, pen or corral housing animals be located closer than 200 ft. to any property line. "G" Any commercial or industrial use not specifically permitted. "H" Townhouses. R-60-s, R-60-d, R-60-m, R-60-a Item Districts R-60-s R-60-d R-60-m R-60-a Classes of structures or uses permitted A A & B A, B, C, D & H A,…
Zone name
Residence Zone
General category
RESIDENTIAL
Zone area
3,236.59 ac
Source
code of ordinances
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,910
Tax year 2023
Assessed value
$40,900
Assessed 2023
Previous assessed
$40,900
+0.0% YoY
Effective rate
4.67%
On assessed value
Assessed land
$13,680
Assessed improvement
$27,220
Land market value
$68,400
Improvement market value
$136,100
Total market value
$204,500
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
98
Bathrooms
1
Total area
5,130 SF
Lot
0.31 ac (13,404 SF)
Zoning code
R-60-S
APN
10-04-19-2-001-022.000
UPID
US03-1602214
Jurisdiction
MONTGOMERY
Zoning & alternative use
R-60-S · Montgomery, ALZoning R-60-S · permitted uses
R-60-S · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
n of chicken brooder houses; and provided no structure, pen or corral housing animals be located closer than 200 ft. to any property line. "G" Any commercial or industrial use not specifically permitted. "H" Townhouses. R-60-s, R-60-d, R-60-m, R-60-a Item Districts R-60-s R-60-d R-60-m R-60-a Classes of structures or uses permitted A A & B A, B, C, D & H A, B, C, D & H Classes of structures or uses permitted on appeal B & F C & F E & F E & F
Zone name
Residence Zone
General category
RESIDENTIAL
Zone area
3,236.59 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
98
Bathrooms
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
CHARLES A EVERAGE
Individual
Free & Clear · 0 yrs held
Mailing address
8977 VAUGHN RD, MONTGOMERY, AL 36117-8846
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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