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Property profile & analytics
OFF-MARKET
Estimated value
$1,585,000
Specialty properties
2039 Carter Hl Rd Montgomery, AL 36106-2205
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US03-0547026
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1940
Total area
3,726 SF
Lot
0.29 ac (12,850 SF)
Zoning code
B-2
APN
10-04-20-1-005-009.000
UPID
US03-0547026
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
-
Williford Rachael DVM Veterinary Clinic
-
Montgomery Veterinary Associates - Carter Hill Road Veterinary Clinic
-
English Jennifer DVM Veterinary Clinic
-
Farris Siggi DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.59M
Owner & transaction history
Mckinley G Cornwell · 4 yrs held
Mckinley G Cornwell
since 2022
Last sale
$1.8M
2 recorded transactions
Zoning & alternative use
B-2 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,340,000
ML approach
$1,410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.59M
Range $1.43M – $1.74M · ±10% · vs last sale $1.79M (Jul 11 2022)
Last sale anchor
$1.79M
Jul 11 2022
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
$425 / 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
$4,476
Tax year 2023
Assessed value
$91,780
Assessed 2023
Previous assessed
$91,780
+0.0% YoY
Effective rate
4.88%
On assessed value
Assessed land
$11,720
Assessed improvement
$80,060
Land market value
$58,600
Improvement market value
$400,300
Total market value
$458,900
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1940
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Units
103
Rooms
10
Bathrooms
1
Total area
3,726 SF
Lot
0.29 ac (12,850 SF)
Zoning code
B-2
APN
10-04-20-1-005-009.000
UPID
US03-0547026
Jurisdiction
MONTGOMERY
Zoning & alternative use
B-2 · Montgomery, AL
Zoning B-2 · permitted uses
B-2 · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montgomery. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
103
Rooms
10
Bathrooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Mckinley G Cornwell
Individual
Mailing address
1041 32ND ST S, BIRMINGHAM, AL 35205-1110
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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 11, 2022
$1,792,000
Mckinley G Cornwell
Coal Cow Properties LLC
Warranty Deed
$1,427,200 · Listerhill Cu
Sep 1, 2015
$175,000
Coal Cow Properties LLC
Dunn,john W
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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