Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Automotive properties
600 Ct St Montgomery, AL 36104-4106
Entity Owned
5-yr Hold
Free & Clear
Property ID
US03-0307091
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1966
Total area
9,729 SF
Lot
2.97 ac (129,373 SF)
Zoning code
T4-R
APN
11-06-13-1-012-001.000
UPID
US03-0307091
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
-
Validata Computer & Research (Bike/Boat/Book/etc) Store Corporate Office
-
Acclaim Industries, LLC Factory Industrial Manufacturer
-
The LeNetta Banks, LLC Counselor
-
Steven D Nappier Insurance Agency
-
Avant Creative Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$880k
Owner & transaction history
American Towers LLC · 5 yrs held
American Towers LLC
since 2020
4 recorded transactions
Zoning & alternative use
T4-R · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
General Urban Restricted Zone consists of some mixed use but is primarily residential. It may have a wide range of building types like single, side yard, and rowhouses.
Zone name
General Urban Reserved Zone
General category
MIXED_USE
Zone area
611.49 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.4M
+73.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$830,000
Current use
COMMERCIAL (GENERAL)
$1,445,000
Change: +74% · Conversion: Moderate
RETAIL STORES
$785,000
Change: -6% · Conversion: Difficult
RESTAURANT
$725,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$880k
Range $792k – $968k · ±10%
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
$90 / 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
Assessed value
$468,540
Assessed 2023
Previous assessed
$462,020
+1.4% YoY
Assessed land
$97,620
Assessed improvement
$370,920
Land market value
$488,100
Improvement market value
$1,854,600
Total market value
$2,342,700
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1966
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
136
Bathrooms
1
Total area
9,729 SF
Lot
2.97 ac (129,373 SF)
Zoning code
T4-R
APN
11-06-13-1-012-001.000
UPID
US03-0307091
Jurisdiction
MONTGOMERY
Zoning & alternative use
T4-R · Montgomery, ALZoning T4-R · permitted uses
T4-R · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
General Urban Restricted Zone consists of some mixed use but is primarily residential. It may have a wide range of building types like single, side yard, and rowhouses.
Zone name
General Urban Reserved Zone
General category
MIXED_USE
Zone area
611.49 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$830,000
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES
Est. value
$785,000
RESTAURANT
Est. value
$725,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
RESTAURANT
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
1966
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
136
Bathrooms
1
Lot
2.97 ac
Current owner
From public records · entity-resolved
American Towers LLC
Entity
Free & Clear · 5 yrs held
Mailing address
41 COMMERCE ST, MONTGOMERY, AL 36104-3502
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2020
$330,000
American Towers LLC
Montgomery Area Chamber Of Cmrc F
Warranty Deed
—
Jan 4, 2016
—
Montgomery Area Chamber Of Com
Center For Entrepreneural Dev
Grant Deed
related
—
Jun 4, 2015
—
Montgomery Area Chamber Of Commer
Center For Entrepreneurial Dev
Warranty Deed
—
Aug 2, 2006
$117,000
Center Of Entrepreneurial Dev INC
Regions Bank
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 600 Ct St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
