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Property profile & analytics
OFF-MARKET
Estimated value
$2,970,000
Hotels
5115 Carmichael Rd, Montgomery, AL 36106-2905
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0306830
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1996
Construction
WOOD
Total area
36,579 SF
Lot
1.82 ac (79,279 SF)
APN
10-06-13-3-000-006.004
UPID
US03-0306830
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
-
Suburban Studios Montgomery East I-85 Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.79M
CAP Approach
CAP
$2.89M
Comparable Approach
Comparable
$3.34M
Blend (final)
Blend
$2.97M
Owner & transaction history
Dhan Hospitality LLC · 2 yrs held
Dhan Hospitality LLC
since 2023
Last sale
$3.1M
2 recorded transactions
Zoning & alternative use
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
Method
Estimation
Statistic approach
$2,960,000
ML approach
$2,790,000
CAP Approach
CAP Return
Estimation
6%
$3,130,000
6.5%
$2,885,000
7%
$2,680,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,425,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,830,000
Change: -17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,805,000
Change: -18% · Conversion: Difficult
RETAIL STORES
$2,785,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.97M
Range $2.67M – $3.27M · ±10% · vs last sale $3.11M (Oct 13 2023)
Last sale anchor
$3.11M
Oct 13 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$81 / SF
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
$26,082
Tax year 2023
Assessed value
$739,260
Assessed 2023
Previous assessed
$739,260
+0.0% YoY
Effective rate
3.53%
On assessed value
Assessed land
$94,980
Assessed improvement
$644,280
Land market value
$474,900
Improvement market value
$3,221,400
Total market value
$3,696,300
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
3
Units
72
Rooms
78
Bathrooms
1
Total area
36,579 SF
Lot
1.82 ac (79,279 SF)
APN
10-06-13-3-000-006.004
UPID
US03-0306830
Jurisdiction
MONTGOMERY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.8M
RETAIL STORES
Est. value
$2.8M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
72
Rooms
78
Bathrooms
1
Lot
1.82 ac
Current owner
From public records · entity-resolved
Dhan Hospitality LLC
Entity
Mailing address
1550 BERRY RD, BIRMINGHAM, AL 35226-3215
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Oct 13, 2023
$3,110,000
Dhan Hospitality LLC
Esa P Portfolio LLC
Warranty Deed
$2,560,000 · Woori America Bank
May 11, 2004
—
Bre & Esa Props LLC
Owner Name Unavailable
Grant Deed
related
—
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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