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    Property profile & analytics

    2252 Mt Meigs Rd Montgomery, AL 36107-2304

    • Retail space
    • 31,842 SF
    • 2.91 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US03-0490721
    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

    • ATM / Atm
    • Latino Super Market / Mexican Grocery Store / Supermarket
    • Latinos Supermarket / Grocery Store

    Property Details for 2252 Mt Meigs Rd

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.91 lot acres
    Property size
    31,842 SF
    Zone code
    B-4
    Property type
    Retail space
    APN
    10-03-08-4-020-001.002
    APU
    1003084020001002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $405,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $410,000
      Mixed-Use
      $320,000
      Hospitality
      $330,000
      Educational
      $405,000
      Residential Income
      $350,000
      Energy
      $340,000
      Income-Based Land
      $340,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2754
    Latitude
    32.3789
    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
    $3,038
    $28,860
    $30,540
    $59,400
    -
    $144,300
    $152,700
    $297,000

    Comparable in this City

    • Value Estimation by Request
      1,484 SF

      2814 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 1,484 SF
      2814 Chestnut St, Montgomery, AL 36107-3008
      View Details
    • Value Estimation by Request
      1,250 SF

      2938 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 1,250 SF
      2938 Chestnut St, Montgomery, AL 36107-3010
      View Details
    • Value Estimation by Request
      606 SF

      2236 Madison Ave

      RETAIL STORES (PERSONAL SERVICES) • 606 SF
      2236 Madison Ave, Montgomery, AL 36107-1914
      View Details
    • Value Estimation by Request
      2,454 SF

      605 Maryland St

      RETAIL STORES (PERSONAL SERVICES) • 2,454 SF
      605 Maryland St, Montgomery, AL 36107-1607
      View Details
    • Value Estimation by Request
      1,204 SF

      1480 Ann St

      RETAIL STORES (PERSONAL SERVICES) • 1,204 SF
      1480 Ann St, Montgomery, AL 36107-3100
      View Details
    • Value Estimation by Request
      1,558 SF

      1325 Federal Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,558 SF
      1325 Federal Dr, Montgomery, AL 36107-1121
      View Details

    Similar Nearby for Sale

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    • $720,000
      250.00 Acres

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      Prime 250-acre tract, ideal for development. High traffic counts.
      0 Taylor Rd & Troy Hwy, Montgomery, AL 36107
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    • Contact for pricing
      0.56 Acres

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      Prime 4-acre lot, ideal for development
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    Similar Nearby for Lease

    • $22 SF/Yr
      21,216 SF

      Midtown Plaza Retail Space Available

      High-traffic Montgomery retail space.
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    • $14 SF/Yr
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      Prime Retail/Office Space Available in Montgomery, AL
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      41,225 SF

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      Prime Montgomery retail, 7 spaces available
      1375 Federal Dr, Montgomery, AL 36107
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    • Contact for pricing
      41,225 SF

      Montgomery Plaza Retail Center

      Prime Montgomery retail space, high traffic area.
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    • Contact for pricing
      1,450 SF

      Montgomery Auto Shop For Sale/Lease

      1,450 SF Retail Space, High Traffic Area
      1325 Federal Dr, Montgomery, AL 36107
      View Details
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    2252 Mt Meigs Rd
    Montgomery, AL 36107-2304
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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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