433 Madison Ave, Montgomery, AL 36104
Mixed-use properties
- Added:
- Aug 7, 2018
- Days on Market:
- 2868
- Last Refresh:
- May 20 at 8:18 pm
Property Features for 433 Madison Ave
General Information
- Standard status
- Active
- Size
- 3,706 SF
- Property subtype
- Retail, Mixed Use
Listing agent Steve Hughes License #AL 000011917
Listing office Moore Company Realty
Listing date Aug 7, 2018
Source Crexi
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
HighLights
- Heart of Downtown Montgomery Location
- Ideal for Office Space
- Includes a Waiting Area
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.3030152
- Latitude
- 32.3802137
