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Property profile

31 Commerce St Montgomery, AL 36104

FOR SALE
Retail space
Property ID
US03-0808040
12,746 SF 0.17 ac lot Built 1982
Last sale Apr 2022 · $522,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A, 11,673 sq ft mixed-use building is located in Montgomery, Alabama's central business district, at 31 Commerce St. Situated on a 0.17-acre lot, this vacant, two-story property offers unparalleled visibility adjacent to the Chamber of Commerce. Built in 1982, the concrete structure features a versatile open floor plan, a dock-high loading dock, and a service elevator, ensuring convenience and accessibility. The T-4 Smart Code zoning allows for a wide range of uses,…

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 · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$196k
Assessed land$30k
Assessed improvement$166k
Effective rate4.88%

Value estimate

· Nov 2026
$390k
$351k – $429k
AI approach$445k
NOI build-up
Gross scheduled income$196k
Vacancy & credit loss−$11k
Operating expenses−$56k
NOI · 33.23% cap applied$130k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$40/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$14 – $62

Cap rate analysis

How does the asset earn?
33.23%
$130k 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?
T5
Urban Center Zone consists of higher density mixed use buildings that accommodate retail, offices, rowhouses and apartments. It has a tig...
General categoryMIXED_USE
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.5
Dental Office9.4
Pawn Shop9.2

Location

31 Commerce St Montgomery, AL 36104
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
425 Un, Montgomery, AL 36104-4329 $2,660,000 May 2024 5,312 SF
1043 Adams, Montgomery, AL 36104-4423 $50,000 Apr 2024 5,008 SF
22 Monroe, Montgomery, AL 36104-3615 $260,000 Sep 2023 18,582 SF
1101 Adams, Montgomery, AL 36104-4501 $90,000 Jun 2023 6,892 SF
1508 Decatur, Montgomery, AL 36104-5504 $120,000 Nov 2022 5,124 SF
80 Commerce, Montgomery, AL 36104-3553 $1,000,000 Nov 2022 19,380 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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