Technical
Financial
Distress signals
Property profile

2853 Forbes Dr Montgomery, AL 36110

OFF-MARKET
Assisted living facilities
Property ID
US03-2345141
26,740 SF 1.45 ac lot Built 1965
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 26,740 SF
Lot 1.45 ac (63,162 SF)
Zoning code R-65-D
APN 04-09-29-2-015-012.002
UPID US03-2345141

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

2853 Forbes Dr Montgomery, AL 36110-1307
Montgomery metro Census 5102 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2011
1 recorded transaction
2011
$500

Zoning & alternative use

R-65-D · Montgomery, AL
Zoning description

ken brooder houses; and provided no structure, pen or corral housing animals be located closer than 200 feet to any property line. "G" Any commercial or industrial use not specifically permitted. "H" Townhouses. R-65-s,…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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