Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Chandler St Montgomery, AL 36104
    Back to Search
    Property profile & analytics

    Chandler St, Montgomery, AL 36104

    View on Map
    • Manufacturing properties
    • 97,328 SF
    • 5.50 lot acres
    Off-Market
    Last Sale Oct 31, 2024
    $4,692,937
    Property ID
    US03-2259902
    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.
    Value Estimations
    $4,695,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for Chandler St

    Year built
    1968
    Lot size
    5.50 lot acres
    Zone code
    M-3
    Property type
    Manufacturing properties
    APN
    11-01-01-4-001-003.000
    APU
    1101014001003000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 31, 2024 $4,692,937 Sogo Properties LLC Whitfield Foods INC Warranty Deed —
    Mar 25, 2024 — Whitfield Foods INC Industrial Dev Brd Of City Of Montg Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,695,000
      ML approach
      $4,695,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $7,265,000
      OFFICE BUILDING
      $6,420,000
      MEDICAL BUILDING
      $6,265,000
      APARTMENT HOUSE (5+ UNITS)
      $4,580,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.3111
    Latitude
    32.3953
    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
    $10,458
    $14,400
    $186,200
    $200,600
    -
    $72,000
    $931,000
    $1,003,000

    Comparable in this City

    • Value Estimation by Request
      0.55 Acres

      Chandler St

      MANUFACTURING (LIGHT)
      Chandler St, Montgomery, AL 36104
      View Details
    • Value Estimation by Request
      4,746 SF

      635 Jefferson St

      MANUFACTURING (LIGHT)
      635 Jefferson St, Montgomery, AL 36104-3603
      View Details
    • Value Estimation by Request
      6,764 SF

      1601 Louisville St

      MANUFACTURING (LIGHT)
      1601 Louisville St, Montgomery, AL 36104
      View Details
    • Value Estimation
      $3,975,000
      73,277 SF

      280 Maxwell Blvd

      MANUFACTURING (LIGHT)
      280 Maxwell Blvd, Montgomery, AL 36104
      View Details
    • Value Estimation
      $930,000
      37,415 SF

      1500 Furnace St

      MANUFACTURING (LIGHT)
      1500 Furnace St, Montgomery, AL 36104-1604
      View Details
    • Value Estimation by Request
      18,170 SF

      1085 Mcdonough St

      MANUFACTURING (LIGHT)
      1085 Mcdonough St, Montgomery, AL 36104-1817
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,793 SF

      Downtown Montgomery Flex Warehouse

      Flex warehouse on a 0.5-acre corner lot for sale.
      401 Randolph St, Montgomery, AL 36104
      View Details
    • Contact for pricing
      113,460 SF

      Class A Office/Warehouse Opportunity

      Two-story office building with warehouse near I-65 and I-85.
      425 Molton St, Montgomery, AL 36104
      View Details
    • $1,500,000
      86,930 SF

      Warehouse & Distribution Facility

      Well-maintained warehouse and distribution facility in downtown Montgomery, Alabama.
      621 N Mcdonough St, Montgomery, AL 36104
      View Details
    • Contact for pricing
      38,204 SF

      Montgomery Warehouse on 4.75 Acres

      38,204 SF warehouse on a 4.75 acre industrial site.
      1373 Chandler St, Montgomery, AL 36104
      View Details
    • Contact for pricing
      5,000 SF

      Downtown Montgomery Retail/Warehouse Space

      Versatile retail/warehouse space near downtown amenities and major transportation.
      1043 Adams Ave, Montgomery, AL 36104
      View Details
    • Contact for pricing
      10,750 SF

      Downtown Montgomery Industrial Building

      10,750 SF light industrial building with warehouse and office space.
      1212 Adams Ave, Montgomery, AL 36104
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Warehouse Space Available

      Warehouse space with office, fenced yard, and loading docks.
      710 N Perry St, Montgomery, AL 36104
      View Details
    • Contact for pricing

      Prime Location Near Montgomery Whitewater

      Versatile commercial space near downtown, interstate, and Maxwell AFB.
      903 Maxwell Blvd, Montgomery, AL 36104
      View Details
    • Sponsored
      Contact for pricing

      RSA Dexter

      Discover many ways to work your way in RSA Dexter
      445 Dexter Ave, Montgomery, AL 36104
      View Details
    • Contact for pricing

      Versatile Warehouse/Flex Space Available

      Two-story warehouse/flex space in Central Business District with recent upgrades.
      243 Catoma St, Montgomery, AL 36104
      View Details
    • Contact for pricing

      Commercial Space for Lease

      Commercial space available for lease in Montgomery, Alabama.
      121 Coosa St, Montgomery, AL 36104
      View Details
    • Contact for pricing

      Riverfront Commercial Space Available

      Prime location for restaurant, food trucks, or entertainment.
      540 Lafayette St, Montgomery, AL 36104
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Chandler St
    Montgomery, AL 36104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Chandler St, Montgomery, AL, 36104
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!