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Property profile & analytics
OFF-MARKET
Estimated value
$2,220,000
Theaters & concert halls
8660 Vaughn Rd, Montgomery, AL 36117-8852
Individually Owned
7-yr Hold
Free & Clear
Property ID
US03-0289783
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
2009
Total area
57,408 SF
Lot
24.61 ac (1,072,012 SF)
APN
09-08-27-3-000-002.000
UPID
US03-0289783
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
-
Vaughn Forest Church Church
-
Vaughn Forest Weekday Preschool High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.22M
Owner & transaction history
Legendary Living Montgomery Ll · 7 yrs held
Legendary Living Montgomery Ll
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.7M
+39.5%
Office building
$3.4M
+26.9%
Auto repair, garage
$3.2M
+20.7%
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
THEATER (MOVIE)
$2,645,000
Current use
MEDICAL BUILDING
$3,690,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$3,355,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,195,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$2.22M
Range $2.00M – $2.44M · ±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
$39 / 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
$5,308,240
Assessed 2023
Previous assessed
$5,346,040
-0.7% YoY
Assessed land
$196,880
Assessed improvement
$5,111,360
Land market value
$984,400
Improvement market value
$25,556,800
Total market value
$26,541,200
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Cooling
YES
Buildings
5
Stories
1
Units
179
Rooms
29
Bathrooms
11
Total area
57,408 SF
Lot
24.61 ac (1,072,012 SF)
APN
09-08-27-3-000-002.000
UPID
US03-0289783
Jurisdiction
MONTGOMERY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
THEATER (MOVIE) Current
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.2M
THEATER (MOVIE) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2009
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Units
179
Rooms
29
Bathrooms
11
Lot
24.61 ac
Current owner
From public records · entity-resolved
Legendary Living Montgomery Ll
Individual
Free & Clear · 7 yrs held
Mailing address
8660 VAUGHN RD, MONTGOMERY, AL 36117-8852
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2018
$1,344,000
Legendary Living Montgomery Ll
Vaughn Forest Church
Warranty Deed
—
Dec 19, 2018
$2,016,000
Vaughn Forest Al LLC
Vaughn Forest Church
Warranty Deed
—
Feb 25, 2005
—
Vaughn Forest Bap Ch
Owner Name Unavailable
Grant Deed
related
—
—
—
Vaughn Forest Baptist Church
—
Loan Modification
related
—
—
—
Vaughn Forest Baptist Church
—
Loan Modification
related
$12,500,000 · Max FCU
—
—
Vaughn Forest Baptist Church
—
Loan Modification
related
—
—
—
Vaughn Forest Baptist Church
—
Loan Modification
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.
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