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    Property profile & analytics

    514 Cloverdale Rd Montgomery, AL 36106-1809

    • Retail space
    • 4,780 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    $2,075,000
    Last Sale
    Sep 21, 2023
    $2,040,000
    Location Intelligence
    Property ID
    US03-0380884
    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.

    Current Use by Public Records

    • Cottage Collections / Antique Store
    • Tippett Sease Baker Architecture / Architecture Firm
    • Ashley Ayer Interiors / Interior Designer
    • Frenchie's / French Restaurant / Restaurant
    • ExVoto / Women'S Clothing Store / Boutique

    Property Details for 514 Cloverdale Rd

    Year built
    1978
    Construction
    WOOD
    Lot size
    0.61 lot acres
    Property size
    4,780 SF
    Zone code
    B-2
    Property type
    Retail space
    APN
    10-04-19-1-006-003.000
    APU
    1004191006003000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,945,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,180,000
      6.5%
      $2,195,000
      7%
      $2,250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,310,000
      Geo Method
      $2,470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,590,000
      Retail
      $2,495,000
      Mixed-Use
      $2,140,000
      Hospitality
      $2,365,000
      Educational
      $2,580,000
      Residential Income
      $2,440,000
      Energy
      $1,930,000
      Income-Based Land
      $2,105,000
      Food Service
      $2,310,000

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2982
    Latitude
    32.3579
    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
    $6,488
    $21,300
    $111,520
    $132,820
    -
    $106,500
    $557,600
    $664,100

    Comparable in this City

    • Value Estimation by Request
      1,687 SF

      1400 Carter Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,687 SF
      1400 Carter Hl Rd, Montgomery, AL 36106-1424
      View Details
    • Value Estimation by Request
      528 SF

      Montgomery, AL 36106

      RETAIL STORES (PERSONAL SERVICES) • 528 SF
      Montgomery, AL 36106
      View Details
    • Value Estimation
      $155,000
      2,298 SF

      500 Cloverdale Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,298 SF
      500 Cloverdale Rd, Montgomery, AL 36106-1804
      View Details
    • Value Estimation by Request
      2,573 SF

      2033 Clubview St

      RETAIL STORES (PERSONAL SERVICES) • 2,573 SF
      2033 Clubview St, Montgomery, AL 36106-1624
      View Details
    • Value Estimation by Request
      1,580 SF

      2026 Clubview St

      RETAIL STORES (PERSONAL SERVICES) • 1,580 SF
      2026 Clubview St, Montgomery, AL 36106-1625
      View Details
    • Value Estimation
      $315,000
      5,095 SF

      4241 Carmichael Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,095 SF
      4241 Carmichael Rd, Montgomery, AL 36106-3602
      View Details

    Similar Nearby for Sale

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      Retail or office space in a prime Montgomery location.
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      Operating restaurant space with drive-thru on a busy corner.
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    • $1,150,000
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      Montgomery Land For Sale

      Land available for sale in Montgomery, Alabama.
      Carmichael Rd, Montgomery, AL 36106
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    • Contact for pricing
      5.46 Acres

      Montgomery Commercial Land Investment

      Prime Commercial Lots, Excellent Visibility
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    Similar Nearby for Lease

    • $9 SF/Yr
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      Walnut Street Retail Center

      Prime Montgomery Retail Space, 3 Suites
      1967 Walnut St, Montgomery, AL 36106
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      Retail Space Near Alabama State

      Retail space with high visibility near Alabama State University.
      1740 Carter Hill Rd, Montgomery, AL 36106
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    • Contact for pricing
      16,853 SF

      Carmichael Place: Office & Retail Space

      Prime I-85 location; flexible office/retail suites.
      4834 Woods Crossing Dr, Montgomery, AL 36106
      View Details
    • Contact for pricing
      1,364 SF

      Executive Office Suite in Montgomery

      1364 sq ft, Single Tenant, Class B Office
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      View Details
    • $10 SF/Yr
      12,480 SF

      I-85 Parkway Executive Suites

      Montgomery, AL Office Space Available
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      View Details
    • $12 SF/Yr
      7,606 SF

      Executive Office Space Available

      Single-tenant office, 7,164 sq ft.
      4138 Carmichael Rd, Montgomery, AL 36106
      View Details
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    514 Cloverdale Rd
    Montgomery, AL 36106-1809
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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