880 Plantation Way Montgomery, AL 36117-2217
Exceptional investment opportunity in Montgomery, Alabama. This 6,300 square foot industrial property, zoned M-1 for light industrial use, sits on a 0.75-acre lot at 880 Plantation Way, 36117. The property boasts dock-high and drive-in loading capabilities, a fenced yard, and ample parking. Its strategic location offers easy access to major thoroughfares, including proximity to the Eastern Bypass, approximately 0.2 miles from N Eastern Blvd/Hwy 231, approximately 1.6 miles from Atlanta Highway, and approximately 2.8 miles from I-85. A significant advantage is the presence of a long-term tenant—the largest independent provider of smart building solutions in the USA, with a global presence spanning 39 offices. The property generates a strong net operating income (NOI) of $47,230, resulting in an attractive 8.60% capitalization rate. The asking price is $550,000. This property presents a compelling investment opportunity due to its strong tenant, excellent location, and high cap rate. The building's functionality and convenient access to major transportation routes make it an ideal asset for long-term income generation and potential appreciation.
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Wholesale Controls International Inc Building Supply Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Montgomery, ALMontgomery. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.