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Property profile & analytics
OFF-MARKET
Motels
3131 Mobile Hwy Montgomery, AL 36108-4057
Entity Owned
11-yr Hold
Free & Clear
Property ID
US03-0470452
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,078 SF
Lot
3.13 ac (136,386 SF)
Zoning code
M-1
APN
11-06-23-3-007-007.000
UPID
US03-0470452
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
-
Air Base Inn Hotel & Motel Bed & Breakfast
-
PHELPS & ASSOCIATES ACCOUNTING TAX SERVICE LLC Tax Preparation
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
Ons LLC · 11 yrs held
Ons LLC
since 2015
6 recorded transactions
Zoning & alternative use
M-1 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
1; Ord. No. 44-68, § 1; Ord. No. 31-73; Ord. No. 69-83, § 1, 9-27-1983; Ord. No. 84-2002, § 1, 12-17-2002; Ord. No. 42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014) Sec. 4. - Industrial districts. Light Industry M-1, Industrial Park M-2, General Industry M-3 ITEM DISTRICT M-1 M-2 M-3 Classes of industry, businesses or services permitted A & D A A, B,…
Zone name
Light Industry
General category
INDUSTRIAL
Zone area
13,293.95 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
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
Tax billed
$2,975
Tax year 2023
Assessed value
$72,020
Assessed 2023
Previous assessed
$72,020
+0.0% YoY
Effective rate
4.13%
On assessed value
Assessed land
$13,640
Assessed improvement
$58,380
Land market value
$68,200
Improvement market value
$291,900
Total market value
$360,100
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GRAVITY
Cooling
YES
Buildings
17
Stories
1
Units
102
Rooms
1
Bathrooms
1
Total area
2,078 SF
Lot
3.13 ac (136,386 SF)
Zoning code
M-1
APN
11-06-23-3-007-007.000
UPID
US03-0470452
Jurisdiction
MONTGOMERY
Zoning & alternative use
M-1 · Montgomery, ALZoning M-1 · permitted uses
M-1 · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
1; Ord. No. 44-68, § 1; Ord. No. 31-73; Ord. No. 69-83, § 1, 9-27-1983; Ord. No. 84-2002, § 1, 12-17-2002; Ord. No. 42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014) Sec. 4. - Industrial districts. Light Industry M-1, Industrial Park M-2, General Industry M-3 ITEM DISTRICT M-1 M-2 M-3 Classes of industry, businesses or services permitted A & D A A, B, C & D Classes of industry, businesses or services permitted on appeal B C E Classe
Zone name
Light Industry
General category
INDUSTRIAL
Zone area
13,293.95 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GRAVITY
Cooling
Yes
Stories
1
Buildings
17
Units
102
Rooms
1
Bathrooms
1
Lot
3.13 ac
Current owner
From public records · entity-resolved
Ons LLC
Entity
Free & Clear · 11 yrs held
Mailing address
3131 MOBILE HWY, MONTGOMERY, AL 36108-4057
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2017
—
Gayatri Mata LLC
—
Deed
$260,000 · Ons LLC
Apr 15, 2015
$274,500
Ons LLC
Kaushik Ramesh C
Warranty Deed
—
Jul 1, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Jun 30, 2004
—
Ramesh C Kaushik
Owner Name Unavailable
Grant Deed
related
—
—
—
Gayatri Mata LLC
—
Deed Of Trust
$260,000 · Ons LLC
—
—
Ramesh C Kaushik
—
Deed Of Trust
related
$100,000 · Regions 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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