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Property profile & analytics
OFF-MARKET
Medical Office Space
4385 Narrow Ln Rd Montgomery, AL 36116-2978
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0751736
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
40,554 SF
Lot
3.2 ac (139,566 SF)
Zoning code
INST
APN
10-09-32-1-006-007.002
UPID
US03-0751736
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
-
Crossbridge Behavioral Health Medical Clinic
-
Carine Djuidje Physician
-
Joseph Lucas Physician
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
Advenir Mob Montgomery LLC · 4 yrs held
Advenir Mob Montgomery LLC
since 2022
Last sale
$13.4M
2 recorded transactions
Zoning & alternative use
INST · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this INST district is to provide areas for the Public buildings and uses, semi-public buildings and uses including private schools, YMCA and YWCO facilities, hospitals and nursing homes, colleges, country clubs, golf courses, and churches, together with all structures normal and incidental to such institutions.
Zone name
Institutional Area
General category
CIVIC_INSTITUTIONAL
Zone area
6,765.08 ac
Source
Realmo
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
$61,699
Tax year 2023
Assessed value
$1,267,980
Assessed 2023
Previous assessed
$1,267,980
+0.0% YoY
Effective rate
4.87%
On assessed value
Assessed land
$139,560
Assessed improvement
$1,128,420
Land market value
$697,800
Improvement market value
$5,642,100
Total market value
$6,339,900
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
62
Total area
40,554 SF
Lot
3.2 ac (139,566 SF)
Zoning code
INST
APN
10-09-32-1-006-007.002
UPID
US03-0751736
Jurisdiction
MONTGOMERY
Zoning & alternative use
INST · Montgomery, ALZoning INST · permitted uses
INST · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this INST district is to provide areas for the Public buildings and uses, semi-public buildings and uses including private schools, YMCA and YWCO facilities, hospitals and nursing homes, colleges, country clubs, golf courses, and churches, together with all structures normal and incidental to such institutions.
Zone name
Institutional Area
General category
CIVIC_INSTITUTIONAL
Zone area
6,765.08 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
62
Lot
3.2 ac
Current owner
From public records · entity-resolved
Advenir Mob Montgomery LLC
Entity
Mailing address
17501 BISCAYNE BLVD STE #300, MIAMI, FL 33160-4804
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2024
—
Advenir Mob Montgomery LLC
—
Deed
related
$39,500,000 · Bank Of America NA
May 13, 2022
$13,400,000
Advenir Mob Montgomery LLC
Signet Healthcare Montgomery LLC
Special Warranty Deed
$15,000,000 · Synovus 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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