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Flex Space with Office/Warehouse
For Sale
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531 Oliver Rd, Montgomery, AL 36117

The property combines office and warehouse functions under M-1 zoning.

Property Size18,467 SF
Price / SF$45.76
Days on Market160

Property Features for 531 Oliver Rd

General Information

Standard status Active
Size 18,467 SF
Class B
Property subtype Industrial, Mixed Use, Office
Zoning M-1
Investment Type Owner/User

Building Details

Year Built 1988
Buildings 1
Stories 1
Listing Agency: John Stanley & Associates
Listed By: John Stanley · License #AL 000011902
Source: Crexi
Added: Mar 25 Changed: Aug 30 Last Checked: Aug 31 at 1:12AM

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.

Constructed in 1988, this 18,467-square-foot flex property combines office and warehouse space within one commercial building. The asset is classified for flex-space use and carries M-1 zoning, providing a defined industrial property profile.

The building is located at 531 Oliver Rd in Montgomery, Alabama, in the Northeast Montgomery area just off East Boulevard. Woolard Brothers Commercial Contracting occupies existing space and will consider leasing that space, offering an option for continued occupancy while the property is offered for sale.

Key Highlights

  • 18,467‑square‑foot office/warehouse building
  • M‑1 zoning
  • Built in 1988

Property Analytics

Current Use

Woolard Brothers Hardware & Home Improvement JESCO, Inc Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Garden Center Skin Care Clinic

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

585
Businesses Nearby
Under-served
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Georgia Peach Experience 317 Sultan Ct, Montgomery, AL 36117

Frequently Asked Questions

What type of property is this?
Flex space - The property combines office and warehouse functions under M-1 zoning.
Where is this flex space located?
The property is located at 531 Oliver Rd Montgomery, AL.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: 18,467‑square‑foot office/warehouse building; M‑1 zoning; Built in 1988
(334) 271-2475 Call to check price and availability
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