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Financial
Distress signals
Property profile

506 Sayre St Montgomery, AL 36104

OFF-MARKET
Office buildings
Property ID
US03-0325529
15,453 SF 1.28 ac lot Built 1872
Last sale Aug 2026 · $85,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This historic building was constructed in 1872 and underwent extensive renovations in 1982. It is located on a +/- 1.26 acre lot just feet from the Peace and Justice Memorial. The building has historically been used for multiple purposes and is currently configured to support uses such as mixed-use, office, retail, or restaurant. Interior features include multiple large meeting rooms, a freight elevator, a high dock, a walk-in cooler, and various kitchen-related equipment.

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?
$5k
Tax billed · 2023
Assessed value$205k
Assessed land$15k
Assessed improvement$190k
Effective rate2.43%

Value estimate

· Oct 2026
$545k
$491k – $600k
Submarket $/SF estimate$539k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$42/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$25 – $60

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
T4-0
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.5
Convenience Store10.0
Pawn Shop9.7

Location

506 Sayre St Montgomery, AL 36104-4126
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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
560 Mcdonough, Montgomery, AL 36104-4604 $325,000 Jan 2025 7,913 SF
1 Dexter, Montgomery, AL 36104-3576 $1,872,500 Jun 2024 10,448 SF
505 Montgomery, Montgomery, AL 36104-3413 $377,500 May 2024 9,535 SF
514 Perry, Montgomery, AL 36104 $479,100 Mar 2024 8,790 SF
624 Perry, Montgomery, AL 36104-5841 $442,500 Feb 2024 9,256 SF
640 Mcdonough, Montgomery, AL 36104-5830 $270,000 May 2023 7,950 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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