New Industrial Distribution
1235 Lagoon Business Loop Montgomery, AL 36117
1235 Lagoon Business Loop, Montgomery, AL, 36117
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For Sale
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Recently built 16,600-square-foot distribution center on 1.01 acres with modern construction and truck-ready accessibility.
Property Size16,600 SF
Lot Size1.01 Acres
Price / SF$127.71
Days on Market23
Property Features for 1235 Lagoon Business Loop
General Information
- Standard status
- Active
- Size
- 16,600 SF
- Lot size
- 1.01 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2023
Listing agency
Moore Company Realty
(334) 657-7257
Listed by
Perry Patino · License #156372-1
Source
Crexi
Added: Jun 29 Updated: Jul 20 at 9:36PM Checked: Jul 20 at 9:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moore Company Realty
Investment Insights
Based on property information with market context.
A recently constructed industrial distribution facility totaling approximately 16,600 square feet on 1.01 acres. Completed in 2023, the building was purpose-built for the Alabama Alcoholic Beverage Control Board as a Montgomery Wholesale Distribution Center (Store #246). The property is designed for efficient daily distribution operations, with modern construction and high-quality finishes, along with ample parking and strong truck accessibility.
The facility is located in Lagoon Business Park, positioned just off the Eastern Boulevard corridor. The property’s access is described as convenient to Interstate 85, Interstate 65, US Highway 231, and other major transportation routes across Central Alabama.
This offering includes a durable, low-maintenance industrial asset with recent construction designed to reduce near-term capital expenditure risk.
The facility is located in Lagoon Business Park, positioned just off the Eastern Boulevard corridor. The property’s access is described as convenient to Interstate 85, Interstate 65, US Highway 231, and other major transportation routes across Central Alabama.
This offering includes a durable, low-maintenance industrial asset with recent construction designed to reduce near-term capital expenditure risk.
Key Highlights
- Recently built 16,600‑square‑foot industrial distribution center completed in 2023
- Situated on 1.01 acres in Lagoon Business Park in Montgomery
- Purpose‑built for the Alabama Alcoholic Beverage Control Board as its Montgomery Wholesale Distribution Center (Store #246)
Local Financial Insights For Industrial
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 | $294.8k | $17.76 |
| − Vacancy | −$20.0k | −$1.21 |
| EGI | $274.8k | $16.55 |
| − OpEx | −$82.4k | −$4.97 |
| NOI | $192.3k | $11.59 |
16,600 SF · lease $17.76/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$3.34M
$2.92M – $3.89M
NOI $233,553 @ 7.0% cap · market cap 11.02%
Second Best
Industrial
$2.75M
$2.40M – $3.21M
NOI $192,338 @ 7.0% cap · market cap 9.07%
Theoretical Best
Office A
$3.44M
$3.01M – $4.02M
NOI $240,952 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Distribution centers
Similar For Sale Nearby
FAQs
What type of property is this?
Distribution center - Recently built 16,600-square-foot distribution center on 1.01 acres with modern construction and truck-ready accessibility.
Where is this distribution center located?
The property is located at 1235 Lagoon Business Loop Montgomery, AL.
What is the asking price?
The asking price for this property is $2,120,000.
What are key features of this property?
This property features: Recently built 16,600‑square‑foot industrial distribution center completed in 2023; Situated on 1.01 acres in Lagoon Business Park in Montgomery; Purpose‑built for the Alabama Alcoholic Beverage Control Board as its Montgomery Wholesale Distribution Center (Store #246)
