Two-Suite Office
For Sale
Contact for pricing
2133 - 2135 Taylor Rd, Montgomery, AL 36117
O-1-zoned office property with Taylor Road exposure and convenient access near Eastchase.
Property Size2,466 SF
Price / SF$125.71
Days on Market62
Property Features for 2133 - 2135 Taylor Rd
General Information
Standard status
Active
Size
2,466 SF
Class
B
Total Parking Spaces
20
Property subtype
Office
Zoning
O-1
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
2
Building Details
Year Built
1992
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
John Stanley & Associates
(334) 398-1808
Listed By:
Lee Meriwether · License #AL 000054431
Source:
Crexi
Added: Jul 1
Changed: Aug 31
Last Checked: Aug 31 at 1:57AM
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 John Stanley & Associates
Investment Insights
Based on property information with market context.
This office property contains 2 suites within a 2,466-square-foot building constructed in 1992. The configuration accommodates separate office occupancy and provides a practical setup for an owner-user or an investor seeking leasable space. O-1 zoning supports its office classification.
Positioned at 2133–2135 Taylor Road in Montgomery, the property benefits from visibility along Taylor Road and proximity to Eastchase. Interstate 85 is nearby, with access at Exit 9, connecting the site to surrounding Montgomery areas.
Positioned at 2133–2135 Taylor Road in Montgomery, the property benefits from visibility along Taylor Road and proximity to Eastchase. Interstate 85 is nearby, with access at Exit 9, connecting the site to surrounding Montgomery areas.
Key Highlights
- 2,466‑square‑foot office building with 2 suites
- O‑1 zoning
- Constructed in 1992
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,299
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$545,980
$546.0K
Cap Rate 7%
$389,986
$390.0K
Cap Rate 9%
$303,322
$303.3K
Market Conditions
NOI Build-Up for 2,466 SF
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.
Gross rent
$44.4K $18.00/SF
− Vacancy
−$8.0K −$3.24/SF
EGI
$36.4K $14.76/SF
− OpEx
−$9.1K −$3.69/SF
NOI
$27.3K $11.07/SF
Area
Montgomery, AL
Vacancy
18.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$545,980
Cap Rate 7%
$389,986
Cap Rate 9%
$303,322
Alternative Uses
Best Use
Office B
$390.0K
$341.2K – $455.0K
NOI $27,299 @ 7.0% cap · market cap 8.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$511.3K
$447.4K – $596.6K
NOI $35,794 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
939
Businesses Nearby
Explore this area
Business Placement
Demographics for 36117, AL
53,172
Population
24,181
Households
2.2
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
998
Density / Sq Mi
$72,237
Median Household Income
$44,980
Median Earnings
$1,209
Median Rent
$225,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - O-1-zoned office property with Taylor Road exposure and convenient access near Eastchase.
Where is this office building located?
The property is located at 2133 - 2135 Taylor Rd Montgomery, AL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 2,466‑square‑foot office building with 2 suites; O‑1 zoning; Constructed in 1992
