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    Property profile & analytics

    232 Fred D Gray Ave Montgomery, AL 36104-4920

    • Retail space
    • 4,176 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 20, 2020
    $22,000
    Location Intelligence
    Property ID
    US03-0289453
    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

    • Retail space

    Property Details for 232 Fred D Gray Ave

    Year built
    1920
    Lot size
    0.17 lot acres
    Property size
    4,176 SF
    Zone code
    B-2
    Property type
    Retail space
    APN
    11-06-13-1-013-030.000
    APU
    1106131013030000

    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
    -86.3128
    Latitude
    32.3665
    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
    $719
    $2,200
    $12,200
    $14,400
    -
    $11,000
    $61,000
    $72,000

    Comparable in this City

    • Value Estimation by Request
      0.24 Acres

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      RETAIL STORES (PERSONAL SERVICES) • 0.24 Acres
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      19 Dexter Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,677 SF
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      1,520 SF

      1601 Bell St

      RETAIL STORES (PERSONAL SERVICES) • 1,520 SF
      1601 Bell St, Montgomery, AL 36104-2933
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      2,001 SF

      700 Columbus St

      RETAIL STORES (PERSONAL SERVICES) • 2,001 SF
      700 Columbus St, Montgomery, AL 36104-2727
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    • Value Estimation by Request
      1,030 SF

      1132 Highland Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,030 SF
      1132 Highland Ave, Montgomery, AL 36104-4716
      View Details
    • Value Estimation by Request
      1,474 SF

      1225 Highland Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,474 SF
      1225 Highland Ave, Montgomery, AL 36104-4717
      View Details

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    232 Fred D Gray Ave
    Montgomery, AL 36104-4920
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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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