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Property profile & analytics
OFF-MARKET
Warehouses
2600 Day St Montgomery, AL 36108-2540
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-3072582
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1971
Total area
6,000 SF
Lot
0.12 ac (5,229 SF)
Zoning code
M-3
APN
11-06-14-2-012-013.000
UPID
US03-3072582
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
-
Old Sckool Muscle Restoration Shop Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Orlando L Durr · 13 yrs held
Orlando L Durr
since 2013
1 recorded transaction
Zoning & alternative use
M-3 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
. No. 69-83, § 1, 9-27-1983; Ord. No. 84-2002, § 1, 12-17-2002; Ord. No. 42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014) Sec. 4. - Industrial districts. Light Industry M-1, Industrial Park M-2, General Industry M-3 ITEM DISTRICT M-1 M-2 M-3 Classes of industry, businesses or services permitted A & D A A, B, C & D Classes of industry, businesses or s…
Zone name
General Industry
General category
INDUSTRIAL
Zone area
14,357.54 ac
Source
code of ordinances
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,143
Tax year 2024
Assessed value
$22,940
Assessed 2024
Previous assessed
$22,940
+0.0% YoY
Effective rate
4.98%
On assessed value
Assessed land
$6,180
Assessed improvement
$16,760
Land market value
$30,900
Improvement market value
$83,800
Total market value
$114,700
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1971
Heating
GRAVITY
Stories
1
Units
44
Bathrooms
1
Total area
6,000 SF
Lot
0.12 ac (5,229 SF)
Zoning code
M-3
APN
11-06-14-2-012-013.000
UPID
US03-3072582
Jurisdiction
MONTGOMERY
Zoning & alternative use
M-3 · Montgomery, ALZoning M-3 · permitted uses
M-3 · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
. No. 69-83, § 1, 9-27-1983; Ord. No. 84-2002, § 1, 12-17-2002; Ord. No. 42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014) Sec. 4. - Industrial districts. Light Industry M-1, Industrial Park M-2, General Industry M-3 ITEM DISTRICT M-1 M-2 M-3 Classes of industry, businesses or services permitted A & D A A, B, C & D Classes of industry, businesses or services permitted on appeal B C E Classes of industry, businesses or services restr
Zone name
General Industry
General category
INDUSTRIAL
Zone area
14,357.54 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1971
Heating
GRAVITY
Stories
1
Units
44
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Orlando L Durr
Individual
Mailing address
4401 REMINGTON RD, MONTGOMERY, AL 36116-4303
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2013
$52,100
Orlando L Durr
Airport Truck Stop INC
Warranty Deed
$41,600 · Airport Truck Stop INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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