Multi-Tenant Building in Montgomery,
For Sale
$680,000
7010 Fulton Court, Montgomery, AL 36117
COMMERCIAL - Montgomery, AL
Property Size4,897 SF
Price / SF$138.86
Days on Market266
Property Features for 7010 Fulton Court
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
O-1
Parking
32
Lot features
City Lot
Middle school
,
Directions
Take Taylor Road to Halcyon Park Drive to Old Federal then to Fulton Court
Subdivision
MONT-E Mont County
Standard status
Active
APN
09-08-28-2-000-111.000
Size
4,897 SF
Taxes and HOA fees
Tax Description
OLD FEDERAL OFFICE PARK 2 LOT 12 BLK A PLAT BK 44 PG 126
Tax Annual Amount
3197
Legal Description
OLD FEDERAL OFFICE PARK 2 LOT 12 BLK A PLAT BK 44 PG 126
Building Details
Year built
1999
Floors in Building
1
Building materials
BrickVeneer, WoodSiding
Listing Agency:
RE/MAX Tri-Star · RE/MAX International
(334) 244-2400
Listed By:
Marie Scarborough · License #0033792
(334) 244-2400
Added: Nov 13, 2025
Changed: Aug 4
Last Checked: Aug 6 at 2:06AM
MLS# 581592
Copyright © 2026 Montgomery Area Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multi-tenant building, located in Montgomery, AL, features a new roof, awnings, and interior renovations, including new LVP flooring and fresh paint throughout. Each unit is equipped with A/C, with three units having replacements in 2020. Units 7006 and 7008 feature retro-fit LED lighting installed this year, while unit 7010 had a retro light fixture and emergency lighting replaced. Currently leased as a duplex, the building can be configured as three separate spaces. The property includes a parking lot with ample space for 30+ vehicles. The building has a total size of 4897 square feet.
Key Highlights
- Multi‑tenant building with potential for three spaces, currently leased as a duplex.
- New roof, awnings, and interior renovations including new LVP flooring and fresh paint.**
- Ample parking lot with space for 30+ vehicles.
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 | $82.3k | $16.80 |
| − Vacancy | −$4.6k | −$0.94 |
| EGI | $77.7k | $15.86 |
| − OpEx | −$23.3k | −$4.76 |
| NOI | $54.4k | $11.10 |
4,897 SF · lease $16.80/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$776.6K
$679.6K – $906.1K
NOI $54,364 @ 7.0% cap · market cap 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$888.5K – $1.18M
NOI $71,081 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,138
Businesses Nearby
210k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 26%
Groceries 24%
Leisure 8%
Walmart Neighborhood Market
Groceries
51,359 visits/mo
0.3 miles
Chick-fil-A
Dining
32,731 visits/mo
0.3 miles
AMC Festival Plaza 16
Leisure
17,185 visits/mo
0.4 miles
Guardian Credit Union
Shops & Services
12,714 visits/mo
0.5 miles
Taco Bell
Dining
12,670 visits/mo
0.4 miles
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 Retail in Montgomery, AL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Multi-tenant building with recent renovations and ample parking.
Where is this storefront property located?
The property is located at 7010 Fulton Court Montgomery, AL.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Multi‑tenant building with potential for three spaces, currently leased as a duplex.; New roof, awnings, and interior renovations including new LVP flooring and fresh paint.**; Ample parking lot with space for 30+ vehicles.
