Renovated Medical Office
7010 Fulton Court, Montgomery, AL 36117
For Sale
$680,000
CommercialSale, Montgomery, AL
Property Size4,897 SF
Price / SF$138.86
Days on Market362
Property Features for 7010 Fulton Court
General Information
Property type
Property subtype
Zoning description
Parking
Lot features
Middle school
Directions
Subdivision
Standard status
APN
Size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Building materials
Listing Agency:
RE/MAX Tri-Star · RE/MAX International
Listed By:
Marie Scarborough · License #0033792
(334) 244-2400
Added: Nov 13, 2025
Changed: Oct 16
Last Checked: Nov 9 at 5:06AM
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.
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Investment Insights
Based on property information with market context.
This 4,897-square-foot medical office property is arranged for multiple occupants and currently operates as a duplex, with the ability to function as three separate spaces. Interior updates include new LVP flooring and fresh paint throughout, complemented by a new roof and awnings. Each unit is equipped with A/C; three systems were replaced in 2020. Unit 7006 and Unit 7008 also feature retrofit LED lighting, while Unit 7010 received a replacement retrofit light fixture and emergency lighting.
The property includes a parking lot sized for 30 plus vehicles and is located at 7010 Fulton Court in Montgomery, Alabama. Built in 1999, the building combines a multi-suite medical office configuration with recent exterior and interior improvements.
The property includes a parking lot sized for 30 plus vehicles and is located at 7010 Fulton Court in Montgomery, Alabama. Built in 1999, the building combines a multi-suite medical office configuration with recent exterior and interior improvements.
Key Highlights
- 4,897‑square‑foot medical office building
- Currently configured as a duplex with the ability to provide three spaces
- New roof, awnings, LVP flooring, and interior paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,210
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,084,200
$1.1M
Cap Rate 7%
$774,429
$774.4K
Cap Rate 9%
$602,333
$602.3K
Market Conditions
NOI Build-Up for 4,897 SF
Gross rent
$88.1K $18.00/SF
− Vacancy
−$15.9K −$3.24/SF
EGI
$72.3K $14.76/SF
− OpEx
−$18.1K −$3.69/SF
NOI
$54.2K $11.07/SF
Area
Montgomery, AL
Vacancy
18.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,084,200
Cap Rate 7%
$774,429
Cap Rate 9%
$602,333
Alternative Uses
Best Use
Office B
$774.4K
$677.6K – $903.5K
NOI $54,210 @ 7.0% cap · market cap 7.97%
Second Best
Healthcare Medical
$770.6K
$674.3K – $899.1K
NOI $53,945 @ 7.0% cap · market cap 7.93%
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.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,138
Businesses Nearby
Well-served
Demand for This Use
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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
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Market
Properties on Market for Medical Office Space in Montgomery
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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- Vaughn Road Veterinary Clinic: Simmons Holladay DVM — 7861 Vaughn Rd, Montgomery, AL 36116
- Vaughn Road Veterinary Clinic: Millis George A DVM — 7861 Vaughn Rd, Montgomery, AL 36116
Frequently Asked Questions
What type of property is this?
Medical Office Space - Multi-tenant layout currently configured as a duplex with ample on-site parking.
Where is this medical office space 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: 4,897‑square‑foot medical office building; Currently configured as a duplex with the ability to provide three spaces; New roof, awnings, LVP flooring, and interior paint
