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Property profile & analytics
OFF-MARKET
Office buildings
3232 Rosa L Park Ave Montgomery, AL 36105-1506
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0800636
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Total area
2,909 SF
Lot
0.3 ac (13,000 SF)
Zoning code
R-65-D
APN
11-06-24-3-010-021.000
UPID
US03-0800636
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
-
L W Bush Architect & Associates Architect
-
Gnas Centre Architect Apartment Building
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
Westside Enterprise LLC · 1 yrs held
Westside Enterprise LLC
since 2024
1 recorded transaction
Zoning & alternative use
R-65-D · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ken brooder houses; and provided no structure, pen or corral housing animals be located closer than 200 feet to any property line. "G" Any commercial or industrial use not specifically permitted. "H" Townhouses. R-65-s, R-65-d, R-65-m Item Districts R-65-s R-65-d R-65-m Classes of structures or uses permitted A A & B A, B, C, D & H Classes of structures or u…
Zone name
Residence Zone
General category
RESIDENTIAL
Zone area
1,579.19 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
$3,775
Tax year 2023
Assessed value
$77,240
Assessed 2023
Previous assessed
$77,240
+0.0% YoY
Effective rate
4.89%
On assessed value
Assessed land
$1,580
Assessed improvement
$75,660
Land market value
$7,900
Improvement market value
$378,300
Total market value
$386,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Units
93
Bathrooms
1
Total area
2,909 SF
Lot
0.3 ac (13,000 SF)
Zoning code
R-65-D
APN
11-06-24-3-010-021.000
UPID
US03-0800636
Jurisdiction
MONTGOMERY
Zoning & alternative use
R-65-D · Montgomery, ALZoning R-65-D · permitted uses
R-65-D · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ken brooder houses; and provided no structure, pen or corral housing animals be located closer than 200 feet to any property line. "G" Any commercial or industrial use not specifically permitted. "H" Townhouses. R-65-s, R-65-d, R-65-m Item Districts R-65-s R-65-d R-65-m Classes of structures or uses permitted A A & B A, B, C, D & H Classes of structures or uses permitted on appeal F F F Classes of structures or uses restricted B, C, D, E, G &
Zone name
Residence Zone
General category
RESIDENTIAL
Zone area
1,579.19 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1981
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
93
Bathrooms
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Westside Enterprise LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2018 CAHABA DR, MONTGOMERY, AL 36108-4115
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2024
$175,000
Westside Enterprise LLC
Walter L Bush
Warranty Deed
—
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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