323 Bibb St Montgomery, AL 36104-2529
Property profile & analytics
323 Bibb St Montgomery, AL 36104-2529
- Retail space
- 45,836 SF
- 0.61 lot acres
Property ID
US03-0306065
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.
Location Intelligence
Current Use by Public Records
- Alabama Machinery & Supply Co. / Building Supply / Industrial Manufacturer
- AMS Enterprises / Accounting Firm / Tax Preparation
Property Details for 323 Bibb St
- Year built
- 1964
- Lot size
- 0.61 lot acres
- Property size
- 45,836 SF
- Zone code
- T5
- Property type
- Retail space
- APN
- 11-01-12-4-404-021.000
- APU
- 1101124404021000
Description
This exceptional 40,859 square foot hotel property, located at 323 Bibb St. in Montgomery, Alabama, presents a unique investment opportunity. Boasting a prime location in the heart of the city's central business district, this single-tenancy property sits on a 0.16-acre lot and offers significant corner frontage on both Bibb and Molton Streets. Built in 1964, the building's history is complemented by its proximity to a new, multi-million dollar hotel development (Staybridge Hotels), indicating a thriving hospitality sector. The property's former use as a car dealership is reflected in its spacious layout, including a second-floor ramp ideally suited for showcasing vehicles, offering versatile redevelopment potential. Its strategic location is further enhanced by its proximity to major transportation arteries – just 0.86 miles from the I-85 and I-65 interchange – and its convenient distance to Maxwell Air Force Base (1.42 miles), serving a substantial population of active duty personnel, reservists, contractors, and retirees, as well as the Air Force University's 20,000 annual attendees. The property is zoned T5 and is offered at an asking price of $2,000,000. This presents a rare chance to acquire a substantial property in a rapidly developing area with high growth potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $595,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $688,000
Market price range: $652k - $2.86M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.3122
- Latitude
- 32.3774
- 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
$7,026
$105,440
$34,840
$140,280
-
$527,200
$174,200
$701,400
