Realmo Analytics

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Property profile

2900 Mcgehee Rd Montgomery, AL 36111

FOR SALE
Office buildings
Property ID
US03-0172731
9,125 SF 0.85 ac lot Built 1968
Last sale Dec 2022 · $945,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of two medical office buildings totaling 16,891 square feet situated on a 1.39-acre lot in Montgomery, Alabama. The property, located at 2900 McGehee Rd, boasts a convenient location near Baptist Medical Center South and Jackson Hospital, ensuring high visibility and accessibility for medical professionals and patients. Built in 1968 and extensively renovated in 2024, the single-story buildings are zoned B-4 Retail/Office, offering…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$155k
Assessed land$15k
Assessed improvement$140k

Value estimate

· Oct 2026
$705k
$635k – $776k
AI approach$700k
Submarket $/SF estimate$654k
NOI build-up
Gross scheduled income$345k
Vacancy & credit loss−$34k
Operating expenses−$124k
NOI · 37.21% cap applied$186k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$65/SF
Submarket average, outlier-cleaned · 215 recorded sales of this use type
Observed band · Q1–Q3$42 – $97
Qualifying comparables6

Cap rate analysis

How does the asset earn?
37.21%
$186k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-4
The purpose of this B-4 district is to provide areas for the stores selling food, general merchandise, apparel, furniture, housewares and...
General categoryCOMMERCIAL
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.5
Law Firm25.7
Dental Office18.4

Location

2900 Mcgehee Rd Montgomery, AL 36111
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3458 Lexington, Montgomery, AL 36111-1330 $90,000 Mar 2023 2,098 SF
3511 Mcgehee, Montgomery, AL 36111-3324 $225,000 Aug 2022 2,210 SF
3031 Carter Hl, Montgomery, AL 36111-1827 $210,000 Jun 2021 3,488 SF
3054 Mcgehee, Montgomery, AL 36111-2203 $90,000 Sep 2020 8,889 SF
3600 Debby, Montgomery, AL 36111-3319 $230,000 Aug 2019 7,690 SF
3080 Mcgehee, Montgomery, AL 36111-2203 $175,000 Jun 2019 3,963 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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