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    Property profile & analytics

    5500 Wares Fry Rd Montgomery, AL 36117-2105

    • Warehouses
    • 44,387 SF
    • 3.33 lot acres
    OFF-MARKET
    Value Estimation
    $4,030,000
    Last Sale
    Aug 17, 2020
    $4,002,000
    Location Intelligence
    Property ID
    US03-0314519
    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

    • Red Dot Storage / Self-Storage Facility

    Property Details for 5500 Wares Fry Rd

    Year built
    1965
    Lot size
    3.33 lot acres
    Property size
    44,387 SF
    Zone code
    B-3
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    10-01-01-4-005-001.000
    APU
    1001014005001000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,095,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,860,000
      6.5%
      $3,800,000
      7%
      $3,760,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,510,000
      Geo Method
      $3,735,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,700,000
      Retail
      $3,975,000
      Mixed-Use
      $4,810,000
      Hospitality
      $3,580,000
      Educational
      $4,175,000
      Residential Income
      $3,450,000
      Energy
      $3,630,000
      Income-Based Land
      $3,745,000
      Food Service
      $4,510,000

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.21
    Latitude
    32.3908
    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
    2024
    $33,350
    $86,920
    $648,440
    $735,360
    -
    $434,600
    $3,242,200
    $3,676,800

    Comparable in this City

    • Value Estimation by Request
      0.68 Acres

      585 Oliver Rd

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      View Details
    • Value Estimation by Request
      0.83 Acres

      1215 Lagoon Business Loop

      MINI-WAREHOUSE, STORAGE • 0.83 Acres
      1215 Lagoon Business Loop, Montgomery, AL 36117
      View Details
    • Value Estimation
      $2,310,000
      43,260 SF

      10690 John Knight Close

      MINI-WAREHOUSE, STORAGE • 43,260 SF
      10690 John Knight Close, Montgomery, AL 36117-5552
      View Details
    • Value Estimation
      $1,010,000
      15,750 SF

      950 Lagoon Business Loop

      MINI-WAREHOUSE, STORAGE • 15,750 SF
      950 Lagoon Business Loop, Montgomery, AL 36117-8618
      View Details
    • Value Estimation
      $490,000
      11,937 SF

      975 Lagoon Business Loop

      MINI-WAREHOUSE, STORAGE • 11,937 SF
      975 Lagoon Business Loop, Montgomery, AL 36117-8609
      View Details
    • Value Estimation
      $455,000
      9,258 SF

      868 Lagoon Commercial Blvd

      MINI-WAREHOUSE, STORAGE • 9,258 SF
      868 Lagoon Commercial Blvd, Montgomery, AL 36117-2205
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.50 Acres

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      Prime industrial land near I-85 & Eastern Blvd.
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    • $1,150,000
      1.55 Acres

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      Industrial properties • 1.55 Acres
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      11,250 SF

      Kershaw Blvd Industrial Flex Space

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      11,250 SF

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      Industrial flex space for sale in East Montgomery, Alabama.
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    • $164,631

      Montgomery Commercial Land - Oakhill Office Park

      Prime 26,341 SF lot, ideal for development.
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      Montgomery Commercial Land - 10.86 Acres

      Prime Montgomery land, ideal for mixed-use development.
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    Similar Nearby for Lease

    • $6 SF/Yr
      14,925 SF

      Montgomery Flex Space Available

      3,000 SF Flex Space in Montgomery, AL
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    • Contact for pricing
      11,000 SF

      Montgomery Warehouse Space Available

      11,000 SF Warehouse, 2,200 SF Vacant
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      View Details
    • $30,000
      30,723 SF

      Prime Montgomery Office/Warehouse Space

      Class A Office & Warehouse, 5,535 SF Available
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      View Details
    • Contact for pricing
      400,507 SF

      East Montgomery Warehouse Space

      Prime Montgomery warehouse, 8 units available.
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      View Details
    • $9 SF/Yr
      12,010 SF

      420 N Eastern Blvd

      Flex space • 12,010 SF
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      View Details
    • Contact for pricing
      25,678 SF

      Montgomery Promenade Retail Center

      Five Retail Spaces Available Now
      2540 Eastern Blvd, Montgomery, AL 36117
      View Details
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    Montgomery, AL 36117-2105
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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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