Montgomery Muffler Shop
1325 Federal Dr, Montgomery, AL 36107
For Sale
Contact for pricing
1450 SF building in prime Montgomery location for sale.
Property Size1,450 SF
Price / SF$275.86
Days on Market780
Property Features for 1325 Federal Dr
General Information
Standard status
Size
Class
Property subtype
Zoning
Investment Type
Building Details
Buildings
Stories
Units
Listing Agency:
Gorjian Acquisitions
Listed By:
Jordan Gorjian
(516) 491-2550
Source:
Crexi
Added: Sep 22, 2024
Changed: Nov 3
Last Checked: Nov 8 at 9:11AM
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 Gorjian Acquisitions
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,450 SF building is located at 1351-1375 Federal Drive in North Central Montgomery, approximately 2.2 miles from I-85. The location offers high visibility with 12,928 cars passing by daily. It is surrounded by well-established residential neighborhoods. The property is zoned B2, suitable for a variety of commercial uses. All utilities are available, including water, sewer, gas, and electric. A Circle K is under development next door. Nearby businesses include Walmart, Food Outlet, and Life Storage. The property is intended for use as an auto shop or other automotive-related business, or retail. The property is located at 1325 Federal Dr, Montgomery, AL 36107.
Key Highlights
- High Visibility Location: Situated on Federal Drive with 12,928 cars passing by daily.
- Prime Location: Located in North Central Montgomery, only 2.2 miles from I‑85.
- B2 Zoning: Suitable for a variety of commercial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,801
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,020
$336.0K
Cap Rate 7%
$240,014
$240.0K
Cap Rate 9%
$186,678
$186.7K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$25.8K $17.76/SF
− Vacancy
−$1.8K −$1.21/SF
EGI
$24.0K $16.55/SF
− OpEx
−$7.2K −$4.97/SF
NOI
$16.8K $11.59/SF
Area
Montgomery, AL
Vacancy
6.80%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,020
Cap Rate 7%
$240,014
Cap Rate 9%
$186,678
Alternative Uses
Best Use
Industrial
$240.0K
$210.0K – $280.0K
NOI $16,801 @ 7.0% cap · market cap 4.20%
Second Best
Retail
$230.0K
$201.2K – $268.3K
NOI $16,097 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$300.7K
$263.1K – $350.8K
NOI $21,047 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 49%
Krispy Krunchy Chicken
Dining
4,149 visits/mo
0.1 miles
Exxon
Shops & Services
4,046 visits/mo
0.1 miles
Demographics for 36107, AL
8,418
Population
3,995
Households
2.1
Avg Household Size
35
Median Age
17%
College-Educated
84%
High-School Grad
3.2 sq mi
ZIP Area
2,631
Density / Sq Mi
$31,895
Median Household Income
$27,173
Median Earnings
$883
Median Rent
$69,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Montgomery, AL
Similar Off Market Nearby
- Win Automotive LLC — 2309 Upper Wetumpka Rd, Montgomery, AL 36107
- T&T Tire & Auto Service — 1307 Federal Dr, Montgomery, AL 36107
- R &J Auto Wrecker LLC — 2521 Upper Wetumpka Rd, Montgomery, AL 36107
- Steve's Muffler Services — 1325 Federal Dr, Montgomery, AL 36107
- RJ's Express Auto Repair — 3006 Midway Ct, Montgomery, AL 36110
Frequently Asked Questions
What type of property is this?
Auto shop - 1450 SF building in prime Montgomery location for sale.
Where is this auto shop located?
The property is located at 1325 Federal Dr Montgomery, AL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: High Visibility Location: Situated on Federal Drive with 12,928 cars passing by daily.; Prime Location: Located in North Central Montgomery, only 2.2 miles from I‑85.; B2 Zoning: Suitable for a variety of commercial uses.
