Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,805,000
Medical Office Space
1710 Pne St Montgomery, AL 36106
Entity Owned
19-yr Hold
Free & Clear
Property ID
US03-0412958
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1963
Total area
36,543 SF
Lot
0.62 ac (27,000 SF)
Zoning code
SD-M
APN
10-04-17-3-002-008.000
UPID
US03-0412958
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
-
Jackson Hospital Physical Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.20M
Comparable Approach
Comparable
$7.73M
Blend (final)
Blend
$5.81M
Owner & transaction history
MEDICAL CLINIC BOARD OF CITY OF MO
MEDICAL CLINIC BOARD OF CITY OF MO
Zoning & alternative use
SD-M · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Special District-Medical (SD-M) is to identify and protect areas within the City to allow for efficient and necessary expansion of medical facilities to meet future needs of area residents.
Zone name
Special District Medical
General category
UNKNOWN
Zone area
62.66 ac
Source
Realmo
Top alternative use upside
Apartment house (5+ units)
$7.8M
+56.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,710,000
6.5%
$6,195,000
7%
$5,750,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,995,000
Current use
APARTMENT HOUSE (5+ UNITS)
$7,835,000
Change: +57% · Conversion: Moderate
Blend value · Realmo final
$5.81M
Range $5.22M – $6.39M · ±10%
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
$159 / 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
Assessed value
$6,378,680
Assessed 2023
Previous assessed
$6,378,680
+0.0% YoY
Assessed land
$89,200
Assessed improvement
$6,289,480
Land market value
$446,000
Improvement market value
$31,447,400
Total market value
$31,893,400
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1963
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
4
Units
158
Bathrooms
1
Total area
36,543 SF
Lot
0.62 ac (27,000 SF)
Zoning code
SD-M
APN
10-04-17-3-002-008.000
UPID
US03-0412958
Jurisdiction
MONTGOMERY
Zoning & alternative use
SD-M · Montgomery, ALZoning SD-M · permitted uses
SD-M · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Special District-Medical (SD-M) is to identify and protect areas within the City to allow for efficient and necessary expansion of medical facilities to meet future needs of area residents.
Zone name
Special District Medical
General category
UNKNOWN
Zone area
62.66 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.8M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
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
1963
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
3
Units
158
Bathrooms
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
MEDICAL CLINIC BOARD OF CITY OF MO
Individual
Free & Clear · 0 yrs held
Mailing address
1725 PNE ST, MONTGOMERY, AL 36106-1109
Mailing matches property
Yes
Owner-occupied
Yes
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.
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 1710 Pne 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
