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    Property profile & analytics

    2815 Lowr Wetumpka Rd Montgomery, AL 36110-1925

    • Strip malls
    • 29,597 SF
    • 2.76 lot acres
    OFF-MARKET
    Value Estimation
    $450,000
    Last Sale
    Mar 20, 2024
    $450,000
    Location Intelligence
    Property ID
    US03-0320444
    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

    • Strip malls

    Property Details for 2815 Lowr Wetumpka Rd

    Year built
    1962
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.76 lot acres
    Property size
    29,597 SF
    Zone code
    B-2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    04-09-32-2-008-001.000
    APU
    409322008001000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $470,000
      6.5%
      $515,000
      7%
      $495,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $465,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $505,000
      Mixed-Use
      $420,000
      Hospitality
      $455,000
      Educational
      $400,000
      Residential Income
      $520,000
      Energy
      $455,000
      Income-Based Land
      $390,000
      Food Service
      $540,000

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2865
    Latitude
    32.4148
    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
    $13,025
    $48,120
    $89,480
    $137,600
    -
    $240,600
    $447,400
    $688,000

    Comparable in this City

    • Value Estimation by Request
      0.24 Acres

      2906 Lowr Wetumpka Rd

      SHOPPING CENTER, STRIP CENTER • 0.24 Acres
      2906 Lowr Wetumpka Rd, Montgomery, AL 36110-1928
      View Details
    • Value Estimation
      $415,000
      4,995 SF

      4420 Wetumpka Hwy

      SHOPPING CENTER, STRIP CENTER • 4,995 SF
      4420 Wetumpka Hwy, Montgomery, AL 36110-2737
      View Details
    • Value Estimation by Request
      8,016 SF

      2900 Lowr Wetumpka Rd

      SHOPPING CENTER, STRIP CENTER • 8,016 SF
      2900 Lowr Wetumpka Rd, Montgomery, AL 36110-1935
      View Details
    • Value Estimation
      $450,000
      10,455 SF

      3501 Wetumpka Hwy

      SHOPPING CENTER, STRIP CENTER • 10,455 SF
      3501 Wetumpka Hwy, Montgomery, AL 36110-2733
      View Details
    • Value Estimation
      $460,000
      6,184 SF

      4444 Wetumpka Hwy

      SHOPPING CENTER, STRIP CENTER • 6,184 SF
      4444 Wetumpka Hwy, Montgomery, AL 36110-2737
      View Details
    • Value Estimation
      $440,000
      13,142 SF

      3446 Wetumpka Hwy

      SHOPPING CENTER, STRIP CENTER • 13,142 SF
      3446 Wetumpka Hwy, Montgomery, AL 36110-2702
      View Details

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    Similar Nearby for Lease

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      Vacant land in a mobile home community, ready for occupancy.
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      Wetumpka Hwy Office Space For Lease

      Prime Office/Flex/Warehouse Space Available
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      View Details
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    Montgomery, AL 36110-1925
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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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