6920 Winton Blount Blvd, Montgomery, AL 36117

Building Details

Year Built 1983 More

Listing Agency: The Goodson Group

Listed By: Bo Goodson · License AL #0011835 Show Phone

Source: Searchhomesinmontgomery

Added: Oct 1 Changed: Nov 1 Last Checked: Nov 10 at 12:11PM

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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 The Goodson Group

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Investment Insights

Based on property information with market context.

This 2,088-square-foot medical office is arranged with a large waiting area, reception space, four exam rooms, and a designated area for specialized examinations. Two entrances provide access to the reception area. Upstairs, the property includes storage, a large sink, and a step-in shower and bath area.

The office is near the Baptist East ER entrance. A parking lot provides space for 200 cars, with handicap parking directly in front of the entrance.

Key Highlights

• 2,088 square feet of medical office space
• Four exam rooms and a separate area for specialized examinations
• Parking lot with space for 200 cars

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$23,001

Suggested Prices Based on Cap Rates

Cap Rate 5%

$460,020 $460.0K

Cap Rate 7%

$328,586 $328.6K

Cap Rate 9%

$255,567 $255.6K

What to ask about pricing

Market Conditions

NOI Build-Up for 2,088 SF

Gross rent

$42.6K $20.40/SF

− Vacancy

−$4.3K −$2.04/SF

EGI

$38.3K $18.36/SF

− OpEx

−$15.3K −$7.34/SF

NOI

$23.0K $11.02/SF

Area

Montgomery, AL

Vacancy

10.00%

Lease Rate

$20.40 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$460,020

Cap Rate 7%

$328,586

Cap Rate 9%

$255,567

Alternative Uses

Best Use

Office B

$330.2K

$288.9K – $385.2K (±1% cap)

NOI $23,114 @ 7.0% cap

Second Best

Healthcare Medical

$328.6K

$287.5K – $383.4K (±1% cap)

NOI $23,001 @ 7.0% cap

Theoretical Best

Office A

$433.0K

$378.9K – $505.1K (±1% cap)

NOI $30,308 @ 7.0% cap

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm HVAC Service

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

999

Businesses Nearby

Well-served

Demand for This Use

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

Properties on Market for Medical Office Space in Montgomery

Jul

Aug

Sep

Oct

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 - Clinical space features reception, four exam rooms, and a separate area for specialized examinations.

Where is this medical office space located?

The property is located at 6920 Winton Blount Blvd Montgomery, AL.

What are key features of this property?

This property features: 2,088 square feet of medical office space; Four exam rooms and a separate area for specialized examinations; Parking lot with space for 200 cars