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Property profile & analytics
FOR SALE
Medical Office Space
3091 Gaston Ave Montgomery, AL 36105
Individually Owned
5-yr Hold
Free & Clear
Property ID
US03-0326408
For Sale
1 / 31
$300,000
3091 Gaston Ave, Montgomery, AL 36105
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,599 SF
Lot
1.31 ac (57,281 SF)
Zoning code
T4-R
APN
11-06-24-3-001-006.000
UPID
US03-0326408
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
-
Marguerite Barber-Owens Physician
-
The Beacon Center Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Metropolitan United Methodist Churc · 5 yrs held
Metropolitan United Methodist Churc
since 2021
Last sale
$90,000
4 recorded transactions
Zoning & alternative use
T4-R · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
General Urban Restricted Zone consists of some mixed use but is primarily residential. It may have a wide range of building types like single, side yard, and rowhouses.
Zone name
General Urban Reserved Zone
General category
MIXED_USE
Zone area
611.49 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Assessed value
$103,960
Assessed 2023
Previous assessed
$103,960
+0.0% YoY
Assessed land
$8,600
Assessed improvement
$95,360
Land market value
$43,000
Improvement market value
$476,800
Total market value
$519,800
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
For Sale
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
109
Bathrooms
1
Total area
8,599 SF
Lot
1.31 ac (57,281 SF)
Zoning code
T4-R
APN
11-06-24-3-001-006.000
UPID
US03-0326408
Jurisdiction
MONTGOMERY
Zoning & alternative use
T4-R · Montgomery, ALZoning T4-R · permitted uses
T4-R · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
General Urban Restricted Zone consists of some mixed use but is primarily residential. It may have a wide range of building types like single, side yard, and rowhouses.
Zone name
General Urban Reserved Zone
General category
MIXED_USE
Zone area
611.49 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
109
Bathrooms
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Metropolitan United Methodist Churc
Individual
Free & Clear · 5 yrs held
Mailing address
3091 GASTON AVE, MONTGOMERY, AL 36105-1500
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2021
$90,000
Metropolitan United Methodist Churc
Albert E Lester
Warranty Deed
—
Jul 19, 2018
$242,000
Bernadette F Lester
Lester,albert E
Warranty Deed
related
—
—
—
Albert E Lester
—
Loan Modification
related
$222,283 · Iberiabank
—
—
Albert E Lester
—
Deed Of Trust
related
$35,000 · Aliant Bank
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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