Property profile

Hwy 231 Montgomery, AL 36116

OFF-MARKET
Commercial land
Property ID
US03-1838206
0.96 ac lot
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.96 ac (41,818 SF)
Zoning code B-3
APN 10-07-35-3-002-005.000
UPID US03-1838206

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hwy 231 Montgomery, AL 36116
Montgomery metro Census 5614 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2022
3 recorded transactions
2022
$8,340
2022
$2.0M
2021
Price N/A

Zoning & alternative use

B-3 · Montgomery, AL
Zoning description

s is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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