Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$26,145,000
Warehouses
6080 Mobile Hwy Montgomery, AL 36105-5402
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0326042
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Total area
403,088 SF
Lot
114.39 ac (4,982,828 SF)
Zoning code
M-1
APN
14-02-10-2-001-003.001
UPID
US03-0326042
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
-
Dollar General Distribution Center Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$21.89M
Blend (final)
Blend
$26.15M
Owner & transaction history
Nnn Agp Opp Owner I LLC · 5 yrs held
Nnn Agp Opp Owner I LLC
since 2021
Last sale
$31.2M
1 recorded transaction
Zoning & alternative use
M-1 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
1; Ord. No. 44-68, § 1; Ord. No. 31-73; Ord. No. 69-83, § 1, 9-27-1983; Ord. No. 84-2002, § 1, 12-17-2002; Ord. No. 42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014) Sec. 4. - Industrial districts. Light Industry M-1, Industrial Park M-2, General Industry M-3 ITEM DISTRICT M-1 M-2 M-3 Classes of industry, businesses or services permitted A & D A A, B,…
Zone name
Light Industry
General category
INDUSTRIAL
Zone area
13,293.95 ac
Source
code of ordinances
Top alternative use upside
Neighborhood: shopping center
$31.2M
+99.2%
Commercial (general)
$30.9M
+97.2%
Retail stores
$30.7M
+95.8%
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
$26,145,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$31,205,000
Change: +99% · Conversion: Moderate
COMMERCIAL (GENERAL)
$30,895,000
Change: +97% · Conversion: Difficult
RETAIL STORES
$30,680,000
Change: +96% · Conversion: Moderate
OFFICE BUILDING
$26,360,000
Change: +68% · Conversion: Difficult
Blend value · Realmo final
$26.15M
Range $23.53M – $28.76M · ±10% · vs last sale $31.20M (Jan 19 2021)
Last sale anchor
$31.20M
Jan 19 2021
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
$65 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$156,764
Tax year 2024
Assessed value
$6,182,360
Assessed 2024
Previous assessed
$7,299,500
-15.3% YoY
Effective rate
2.54%
On assessed value
Assessed land
$402,660
Assessed improvement
$5,779,700
Land market value
$2,013,300
Improvement market value
$28,898,500
Total market value
$30,911,800
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Cooling
YES
Buildings
5
Stories
1
Units
133
Bathrooms
1
Total area
403,088 SF
Lot
114.39 ac (4,982,828 SF)
Zoning code
M-1
APN
14-02-10-2-001-003.001
UPID
US03-0326042
Jurisdiction
MONTGOMERY
Zoning & alternative use
M-1 · Montgomery, ALZoning M-1 · permitted uses
M-1 · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
1; Ord. No. 44-68, § 1; Ord. No. 31-73; Ord. No. 69-83, § 1, 9-27-1983; Ord. No. 84-2002, § 1, 12-17-2002; Ord. No. 42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014) Sec. 4. - Industrial districts. Light Industry M-1, Industrial Park M-2, General Industry M-3 ITEM DISTRICT M-1 M-2 M-3 Classes of industry, businesses or services permitted A & D A A, B, C & D Classes of industry, businesses or services permitted on appeal B C E Classe
Zone name
Light Industry
General category
INDUSTRIAL
Zone area
13,293.95 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$31.2M
COMMERCIAL (GENERAL)
Est. value
$30.9M
RETAIL STORES
Est. value
$30.7M
OFFICE BUILDING
Est. value
$26.4M
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
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
1998
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Units
133
Bathrooms
1
Lot
114.39 ac
Current owner
From public records · entity-resolved
Nnn Agp Opp Owner I LLC
Entity
Free & Clear · 5 yrs held
Mailing address
5973 AVENIDA ENCINAS STE #301, CARLSBAD, CA 92008-4479
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2021
$31,200,000
Nnn Agp Opp Owner I LLC
Wd Mobile Highway Al Property LLC
Warranty Deed
—
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 6080 Mobile Hwy?
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.
