Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    3033 Vaughn Rd Montgomery, AL 36106-2731
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3033 Vaughn Rd Montgomery, AL 36106-2731

    View on Map
    • Sports & entertainment properties
    • 10,723 SF
    • 6.00 lot acres
    Off-Market
    Property ID
    US03-0915109
    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.
    Value Estimations
    $665,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • St James Holt Crossing Baptist Church / Association / Organization

    Property Details for 3033 Vaughn Rd

    Year built
    1964
    Lot size
    6.00 lot acres
    Property size
    10,723 SF
    Zone code
    INST
    Property type
    Sports & entertainment properties
    APN
    10-05-21-1-002-001.002
    APU
    1005211002001002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RECREATIONAL/ENTERTAINMENT (GENERAL)
      $610,000
      Current use
      OFFICE BUILDING
      $1,075,000
      Change: +77% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $915,000
      Change: +51% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $710,000
      Change: +17% Conversion: Difficult
      MEDICAL BUILDING
      $670,000
      Change: +10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2628
    Latitude
    32.3536
    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
    $0.00
    $270,000
    $352,180
    $622,180
    -
    $1,350,000
    $1,760,900
    $3,110,900

    Comparable in this City

    • Value Estimation by Request
      0.78 Acres

      631 Finley Ave

      RECREATIONAL, ENTERTAINMENT • 0.78 Acres
      631 Finley Ave, Montgomery, AL 36106
      View Details
    • Value Estimation by Request
      0.21 Acres

      Pineleaf

      RECREATIONAL, ENTERTAINMENT • 0.21 Acres
      Pineleaf, Montgomery, AL 36106
      View Details
    • Value Estimation by Request
      0.16 Acres

      Montgomery, AL 36106

      RECREATIONAL, ENTERTAINMENT • 0.16 Acres
      Montgomery, AL 36106
      View Details
    • Value Estimation by Request
      0.18 Acres

      602 Carter Hl Rd

      RECREATIONAL, ENTERTAINMENT • 0.18 Acres
      602 Carter Hl Rd, Montgomery, AL 36106
      View Details
    • Value Estimation by Request
      0.11 Acres

      601 Finley Ave

      RECREATIONAL, ENTERTAINMENT • 0.11 Acres
      601 Finley Ave, Montgomery, AL 36106
      View Details
    • Value Estimation by Request
      0.19 Acres

      Hazel Hedge Ln

      RECREATIONAL, ENTERTAINMENT • 0.19 Acres
      Hazel Hedge Ln, Montgomery, AL 36106
      View Details

    Similar Nearby for Sale

    • $37,000
      0.67 Acres

      Vaughn Meadows Corner Lot

      Residential lot in Vaughn Meadows, Montgomery, build your dream home.
      3401 Beck Close, Montgomery, AL 36106
      View Details
    • $529,900
      6,508 SF

      Montgomery Office Building For Sale

      Commercial property with over 6,500 SF in Montgomery's business district.
      4249 Lomac St, Montgomery, AL 36106
      View Details
    • $529,900
      6,508 SF

      Montgomery Office Building For Sale

      Well-maintained office building in Montgomery's business district.
      4249 Lomac St, Montgomery, AL 36106
      View Details
    • Contact for pricing
      2,056 SF

      Turnkey Office Building For Sale

      2,080 SF office building ideal for professional or medical use.
      1520 Mulberry St, Montgomery, AL 36106
      View Details
    • Contact for pricing

      Office Lots in Master-Planned Community

      Office lots for sale in Montgomery's Windsor Hill Park.
      Perry Hl Rd At Vaughn Rd, Montgomery, AL 36106
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Versatile Office Space in Montgomery

      Office space with 14 offices, 4 baths, and reception areas.
      4111 Wall St, Montgomery, AL 36106
      View Details
    • Contact for pricing

      Prime I-65 Corridor Development Site

      10-acre paved site with I-65 visibility, ideal for development.
      800 W Fairview Ave, Montgomery, AL 36106
      View Details
    • Contact for pricing

      Montgomery Office Space For Rent

      Office spaces with easy access to Interstate 85.
      1401 Parkway Loop, Montgomery, AL 36106
      View Details
    • Contact for pricing

      Retail Space in Strip Mall

      Retail space in strip mall, convenient location.
      1967 Walnut St, Montgomery, AL 36106
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office space available for lease at Carmichael Ct N.
      4216 Carmichael Ct N, Montgomery, AL 36106
      View Details
    • $23 SF/Yr

      Class A Office Building

      Class A office building with on-site management and engineering.
      4121 Carmichael Rd, Montgomery, AL 36106
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3033 Vaughn Rd
    Montgomery, AL 36106-2731
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!