For Sale
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433 Madison Ave, Montgomery, AL 36104
Mixed-use properties
Property Size3,706 SF
Price / SF$145.71
Days on Market2915
Property Features for 433 Madison Ave
General Information
Standard status
Active
Size
3,706 SF
Property subtype
Retail, Mixed Use
Listing Agency:
Moore Company Realty
(334) 386-2437
Listed By:
Steve Hughes · License #AL 000011917
Source:
Crexi
Added: Aug 7, 2018
Changed: Jul 6
Last Checked: Jul 29 at 10:05AM
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.
Key Highlights
- Heart of Downtown Montgomery Location
- Ideal for Office Space
- Includes a Waiting Area
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 | $62.3k | $16.80 |
| − Vacancy | −$3.5k | −$0.94 |
| EGI | $58.8k | $15.86 |
| − OpEx | −$17.6k | −$4.76 |
| NOI | $41.1k | $11.10 |
3,706 SF · lease $16.80/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$587.7K
$514.3K – $685.7K
NOI $41,142 @ 7.0% cap · market cap 7.62%
Second Best
Office B
$586.1K
$512.8K – $683.8K
NOI $41,025 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$768.5K
$672.4K – $896.6K
NOI $53,793 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,249
Businesses Nearby
Explore this area
Business Placement
Demographics for 36104, AL
9,021
Population
5,265
Households
1.7
Avg Household Size
31
Median Age
26%
College-Educated
76%
High-School Grad
10.5 sq mi
ZIP Area
859
Density / Sq Mi
$34,975
Median Household Income
$21,668
Median Earnings
$787
Median Rent
$121,200
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
Where is this mixed-use property located?
The property is located at 433 Madison Ave Montgomery, AL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Heart of Downtown Montgomery Location; Ideal for Office Space; Includes a Waiting Area
