New search
Property profile & analytics
OFF-MARKET
Theaters & concert halls
3824 Mobile Hwy, Montgomery, AL 36108-4638
Individually Owned
1-yr Hold
Free & Clear
Property ID
US03-2278601
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1940
Total area
6,197 SF
Lot
0.17 ac (7,500 SF)
Zoning code
B-3
APN
11-08-27-4-006-003.000
UPID
US03-2278601
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
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
Mgm Heal · 1 yrs held
Mgm Heal
since 2024
Last sale
$45,000
6 recorded transactions
Zoning & alternative use
B-3 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,705
Tax year 2023
Assessed value
$34,520
Assessed 2023
Previous assessed
$34,520
+0.0% YoY
Effective rate
4.94%
On assessed value
Assessed land
$2,800
Assessed improvement
$31,720
Land market value
$14,000
Improvement market value
$158,600
Total market value
$172,600
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1940
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
86
Bathrooms
1
Total area
6,197 SF
Lot
0.17 ac (7,500 SF)
Zoning code
B-3
APN
11-08-27-4-006-003.000
UPID
US03-2278601
Jurisdiction
MONTGOMERY
Zoning & alternative use
B-3 · Montgomery, AL
Zoning B-3 · permitted uses
B-3 · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montgomery. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
86
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Mgm Heal
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 231655, MONTGOMERY, AL 36123-1655
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2024
—
Mgm Heal
K K Middleton
Quitclaim Deed
related
—
Nov 14, 2024
—
Heal Mgm INC
Eroc Group LLC
Quitclaim Deed
related
—
Sep 27, 2022
—
Latrenda Nicholson
Kk Middleton
Quit Claim Deed
related
—
May 14, 2019
$45,000
Latrenda S Nicholson
First Baptist Ch Of Grtr Washi
Warranty Deed
—
Mar 5, 2012
—
First Baptist Church Of Greater Was
Jbs Mortgage LLC
Corporation Deed
$74,000 · Jbs Mortgage LLC
Jul 10, 2008
$85,000
Ken O Edwards
Bedwan,ali Z
Warranty Deed
$63,000 · John Simmons
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3824 Mobile Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
