Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Medical Office Space
2895 Zelda Rd Montgomery, AL 36106-2697
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0301115
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Total area
5,101 SF
Lot
0.51 ac (22,303 SF)
Zoning code
O-2
APN
10-05-21-1-002-006.021
UPID
US03-0301115
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
-
Sanson Dr & Pate Dr l: Lucido Desiray Dental Office
-
Emergency Dentist 24/7 Dental Office
-
Sanson Dr & Patel Dr: Penton Janice Dental Office
-
Patel Amit DDS Dental Office
-
Sanson & Patel: Garvin Christie Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$658k
Blend (final)
Blend
$520k
Owner & transaction history
Sandeep Govil · 4 yrs held
Sandeep Govil
since 2022
5 recorded transactions
Zoning & alternative use
O-2 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
03; Ord. No. 17-2014, § 1, 3-4-2014; Ord. No. 40-2014, § 1, 7-1-2014; Ord. No. 48-2015, § 1, 9-1-2015; Ord. No. 32-2023 , § 1, 8-1-2023) Sec. 5. - Office districts. Office Complex O-0, Office Complex O-1, Office Complex O-2 Item Districts O-0 O-1 O-2 Classes of structures or uses permitted A & B A, B & E A & B Classes of structures or uses permitted on appea…
Zone name
Office Park Planned Area
General category
CIVIC_INSTITUTIONAL
Zone area
376.21 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$695,000
Current use
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$102 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,672
Tax year 2023
Assessed value
$110,180
Assessed 2023
Previous assessed
$110,180
+0.0% YoY
Effective rate
3.33%
On assessed value
Assessed land
$35,740
Assessed improvement
$74,440
Land market value
$178,700
Improvement market value
$372,200
Total market value
$550,900
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1983
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
103
Bathrooms
3
Total area
5,101 SF
Lot
0.51 ac (22,303 SF)
Zoning code
O-2
APN
10-05-21-1-002-006.021
UPID
US03-0301115
Jurisdiction
MONTGOMERY
Zoning & alternative use
O-2 · Montgomery, ALZoning O-2 · permitted uses
O-2 · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
03; Ord. No. 17-2014, § 1, 3-4-2014; Ord. No. 40-2014, § 1, 7-1-2014; Ord. No. 48-2015, § 1, 9-1-2015; Ord. No. 32-2023 , § 1, 8-1-2023) Sec. 5. - Office districts. Office Complex O-0, Office Complex O-1, Office Complex O-2 Item Districts O-0 O-1 O-2 Classes of structures or uses permitted A & B A, B & E A & B Classes of structures or uses permitted on appeal C & E C & D B, C & D Classes of structures or uses restricted F & G F & G F & G R
Zone name
Office Park Planned Area
General category
CIVIC_INSTITUTIONAL
Zone area
376.21 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$695,000
MEDICAL BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
103
Bathrooms
3
Lot
0.51 ac
Current owner
From public records · entity-resolved
Sandeep Govil
Individual
Mailing address
2921 ZELDA RD, MONTGOMERY, AL 36106-2682
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2022
—
Sandeep Govil
Smilemakers Realty LLC
Warranty Deed
$200,000 · River Bank & Trust
Oct 7, 2019
—
Smilemakers Realty LLC
William V Cornwell JR
Warranty Deed
$180,000 · Amerifirst Bank
Jun 11, 2019
—
William V Cornwell JR.
Medical Clinic Board Of The Ci
Warranty Deed
—
Apr 1, 2019
—
R Bruce Sansom
—
Deed
related
—
—
—
R Bruce Sansom
—
Loan Modification
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2895 Zelda Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
