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    Property profile & analytics

    1721 2nd St Montgomery, AL 36106-1501

    • Retail space
    • 1,401 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 09, 2021
    $45,000
    Location Intelligence
    Property ID
    US03-0327451
    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

    • Green Room Dispensary, LLC / Cannabis Store

    Property Details for 1721 2nd St

    Year built
    1927
    Lot size
    0.14 lot acres
    Property size
    1,401 SF
    Zone code
    O-1
    Property type
    Retail space
    APN
    10-04-17-3-008-012.000
    APU
    1004173008012000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2853
    Latitude
    32.3648
    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
    $673
    $4,800
    $8,940
    $13,740
    -
    $24,000
    $44,700
    $68,700

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      1819 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 0.17 Acres
      1819 3rd St, Montgomery, AL 36106
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    • Value Estimation by Request
      1,521 SF

      1723 Frst Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,521 SF
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    • Value Estimation by Request
      1,816 SF

      1500 Mulberry St

      RETAIL STORES (PERSONAL SERVICES) • 1,816 SF
      1500 Mulberry St, Montgomery, AL 36106-1520
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    • Value Estimation by Request
      1,612 SF

      1720 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 1,612 SF
      1720 3rd St, Montgomery, AL 36106-1506
      View Details
    • Value Estimation by Request
      1,624 SF

      1726 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 1,624 SF
      1726 3rd St, Montgomery, AL 36106-1506
      View Details
    • Value Estimation by Request
      1,915 SF

      2001 Mulberry St

      RETAIL STORES (PERSONAL SERVICES) • 1,915 SF
      2001 Mulberry St, Montgomery, AL 36106-1628
      View Details

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    Montgomery, AL 36106-1501
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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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