506 Sayre St Montgomery, AL 36104
Property Lookup
Property profile & analytics
506 Sayre St Montgomery, AL 36104
- Office buildings
- 15,453 SF
- 1.28 lot acres
Property ID
US03-0325529
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Golden Gates Memorial Gardens / Pet Cemetery
Property Details for 506 Sayre St
- Year built
- 1872
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.28 lot acres
- Property size
- 15,453 SF
- Zone code
- T4-0
- Property type
- Office buildings
- APN
- 11-06-13-1-010-001.000
- APU
- 1106131010001000
Description
This stunning three-story, 17,877-square-foot office building, situated on a generous 1.26-acre lot in Montgomery, Alabama, presents a unique investment opportunity. Built in 1872 and extensively renovated in 1982, this historic property boasts a rich history and prime location, just steps from the Peace and Justice Memorial. The building's versatile layout includes multiple large meeting rooms, ideal for a variety of uses. Practical features such as a freight elevator, high dock, walk-in cooler, and existing kitchen equipment add to its appeal. The property's zoning designation as an Opportunity Zone further enhances its investment potential. Its proximity to several major development projects underscores its strategic location within a rapidly evolving area of Montgomery. The building's past uses have included event space, offices, and retail, demonstrating its adaptability to diverse business needs. This exceptional property offers a blend of historical charm and modern functionality, making it an attractive prospect for discerning investors seeking a significant presence in a revitalizing downtown area. The asking price is $590,000, translating to $33 per square foot. The address is 506 Sayre Street, Montgomery, AL 36104.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $538,000
Market price range: $391k - $933k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $645,000 Current use
- RETAIL STORES
- $620,000 Change: -4% Conversion: Moderate
- WAREHOUSE, STORAGE
- $600,000 Change: -7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.3109
- Latitude
- 32.3707
- CBSA code
- 33860
- CBSA name
- MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,972
$14,900
$189,680
$204,580
-
$74,500
$948,400
$1,022,900
