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River Region Vision Source Property
For Sale
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2020 Normandie Dr, Montgomery, AL 36111

13,542 SF medical office property for sale.

Property Size13,542 SF
Price / SF$59.08
Days on Market202

Property Features for 2020 Normandie Dr

General Information

Standard status Active
Size 13,542 SF
Property subtype Office
Occupancy 100%
Lease Type Modified Gross
Investment Type Net Lease
Net Operating Income $90,000

Building Details

Year Built 1972
Buildings 1
Tenancy Single
Listing Agency: Sands Investment Group
Listed By: Andrew Ackerman · License #GA 311619
Source: Crexi
Added: Feb 2 Changed: Aug 22 Last Checked: Aug 22 at 8:41AM

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 Sands Investment Group

Investment Insights

Based on property information with market context.

The River Region Vision Source property, located at 2020 Normandie Drive in Montgomery, AL, is a 13,542 SF commercial real estate property available for sale. The property benefits from its location within surrounding residential neighborhoods and strong daytime traffic patterns, which support consistent patient volume. The lease permits optometry use and allows subleasing to other medical and professional office tenants, providing enhanced future flexibility. The lease also includes 2% annual rent escalations.

Key Highlights

  • 13,542 SF River Region Vision Source property.
  • Located in Montgomery, AL at 2020 Normandie Drive.
  • Benefits from surrounding residential neighborhoods and strong daytime traffic.

Property Analytics

Current Use

Frank C. Young ... Ophthalmologist 20 20 Ophthalmic ... Physician River Region Vision ... Physician Dobbs Ricki D ... Ophthalmologist Hatcher Harold A MD ... Ophthalmologist

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

728
Businesses Nearby
Under-served
Demand for This Use

Demographics for 36111, AL

12,793
Population
5,789
Households
2.2
Avg Household Size
38
Median Age
38%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
2,975
Density / Sq Mi
$54,613
Median Household Income
$35,648
Median Earnings
$1,052
Median Rent
$152,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - 13,542 SF medical office property for sale.
Where is this medical office space located?
The property is located at 2020 Normandie Dr Montgomery, AL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 13,542 SF River Region Vision Source property.; Located in Montgomery, AL at 2020 Normandie Drive.; Benefits from surrounding residential neighborhoods and strong daytime traffic.
(844) 474-4666 Call to check price and availability
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