819 Ann St Montgomery, AL 36107-2803
Property profile & analytics
819 Ann St Montgomery, AL 36107-2803
- Drive through restaurants
- 3,325 SF
- 0.65 lot acres
Property ID
US03-2755240
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.
Location Intelligence
Current Use by Public Records
- Burger King / Restaurant
Property Details for 819 Ann St
- Year built
- 2013
- Construction
- WOOD
- Lot size
- 0.65 lot acres
- Property size
- 3,325 SF
- Property type
- Drive through restaurants
- APN
- 10-05-16-2-012-001.009
- APU
- 1005162012001009
Description
This exceptional investment opportunity presents a 3,325 square foot Burger King restaurant located at 819 Ann St, Montgomery, AL 36107. The property sits on a 0.65-acre lot and is part of a Walmart Supercenter-anchored shopping center, enjoying excellent visibility and access from Ann Street, which boasts approximately 48,000 vehicles per day. The property benefits from a strong location, with proximity to I-85 (115,800 VPD), Alabama State University (3,828 students), Jackson Hospital (344-bed acute care hospital), and downtown Montgomery. The surrounding area boasts ideal demographics, with over 69,500 residents within a 3-mile radius and an average household income exceeding $74,500. The property features a 14-year remaining lease term (commencing October 29, 2018, and expiring October 31, 2038) with a 10% rent increase every five years. The tenant, Bulldog Restaurants, LLC, a subsidiary of Starboard Group, operates over 165 restaurants across eight states. This absolute NNN lease provides a passive investment with zero landlord responsibilities. The property's current NOI is $103,000, representing a 6.00% cap rate and a sub-8.5% rent-to-sales ratio. The asking price is $1,717,000. Built in 2013, this Class B property offers a secure and profitable investment opportunity with significant upside potential based on 2023 sales. The property is approximately five miles from Maxwell Air Force Base, adding to its strong tenant base and potential for future growth.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,710,000
- ML approach
- $1,710,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,101,000
Market price range: $347k - $1.61M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.2705
- Latitude
- 32.371
- 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
$10,830
$104,760
$118,220
$222,980
-
$523,800
$591,100
$1,114,900
