Multi-Tenant Building in Montgomery,
7010 Fulton Court Montgomery, AL 36117
7010 Fulton Court, Montgomery, AL, 36117
$680,000
For Sale
$680,000
COMMERCIAL - Montgomery, AL
Property Size4,897 SF
Price / SF$138.86
Days on Market246
Property Features for 7010 Fulton Court
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 32
- Standard status
- Active
- APN
- 09-08-28-2-000-111.000
- Size
- 4,897 SF
Taxes and HOA fees
- Tax Description
- OLD FEDERAL OFFICE PARK 2 LOT 12 BLK A PLAT BK 44 PG 126
- Tax Annual Amount
- 3197
Building Details
- Year built
- 1999
- Floors in Building
- 1
- Building materials
- BrickVeneer, WoodSiding
Listing Agency
RE/MAX Tri-Star
(334) 244-2400
1779 Taliaferro Trail, MONTGOMERY, AL
Listed by
Marie Scarborough · License #0033792
(334) 244-2400
Added: Nov 13, 2025 Checked: Jul 17 at 4:06 am
MLS# 581592
Copyright © 2026 Montgomery Area Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multi-tenant building, located in Montgomery, AL, features a new roof, awnings, and interior renovations, including new LVP flooring and fresh paint throughout. Each unit is equipped with A/C, with three units having replacements in 2020. Units 7006 and 7008 feature retro-fit LED lighting installed this year, while unit 7010 had a retro light fixture and emergency lighting replaced. Currently leased as a duplex, the building can be configured as three separate spaces. The property includes a parking lot with ample space for 30+ vehicles. The building has a total size of 4897 square feet.
Key Highlights
- Multi‑tenant building with potential for three spaces, currently leased as a duplex.
- New roof, awnings, and interior renovations including new LVP flooring and fresh paint.
- Ample parking lot with space for 30+ vehicles.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.3k | $16.80 |
| − Vacancy | −$4.6k | −$0.94 |
| EGI | $77.7k | $15.86 |
| − OpEx | −$23.3k | −$4.76 |
| NOI | $54.4k | $11.10 |
4,897 SF · lease $16.80/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$776.6K
$679.6K – $906.1K
NOI $54,364 @ 7.0% cap · market cap 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$888.5K – $1.18M
NOI $71,081 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Luke Industries Inc.
Employment Agency
Grant Joy Learning
Tutoring Service
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Multi-tenant building with recent renovations and ample parking.
Where is this storefront property located?
The property is located at 7010 Fulton Court Montgomery, AL.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Multi‑tenant building with potential for three spaces, currently leased as a duplex.; **New roof, awnings, and interior renovations including new LVP flooring and fresh paint.**; Ample parking lot with space for 30+ vehicles.
