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Financial
Distress signals
Property profile

4228 Lomac St Montgomery, AL 36106

FOR LEASE
Office buildings
Property ID
US03-0434854
4,085 SF 0.38 ac lot Built 1989
Last sale Jul 2026 · $310,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This office building, constructed in 1989, is configured as two distinct suites with separate front and rear entrances. Suite 1 includes a corner executive office with a private bathroom, a conference room, a full kitchen, and office space spanning both levels, along with two shared hallway bathrooms. Suite 2 includes four executive offices, reception space, an IT closet, a kitchenette, and a shared bathroom. The upper level also provides windowed workspace with cubicles and an additional…

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?
$3k
Tax billed · 2023
Assessed value$71k
Assessed land$10k
Assessed improvement$61k
Effective rate3.99%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$290k
NOI build-up
Gross scheduled income$73k
Vacancy & credit loss−$13k
Operating expenses−$15k
NOI · 11,266.50% cap applied$45k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$68/SF
ZIP average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$49 – $92
Qualifying comparables5

Cap rate analysis

How does the asset earn?
11,266.50%
$45k 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?
O-1
The purpose of this O-1 district is to provide areas for the Business or professional offices, public buildings, hospitals, (for humans) ...
General categoryCIVIC_INSTITUTIONAL
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.5
Electrical Service9.8
Tailor Shop9.2

Location

4228 Lomac St Montgomery, AL 36106
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4180 Carmichael, Montgomery, AL 36106-3600 $540,000 May 2025 6,040 SF
4165 Carmichael, Montgomery, AL 36106-2888 $725,000 May 2024 4,089 SF
4170 Lomac, Montgomery, AL 36106-3726 $400,000 Feb 2024 5,239 SF
4751 Woodmere, Montgomery, AL 36106-3077 $560,000 Jan 2024 6,067 SF
4250 Lomac, Montgomery, AL 36106-2886 $240,000 Sep 2023 3,000 SF
1620 Graham, Montgomery, AL 36106-1248 $193,000 Jun 2023 2,255 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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