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    44 Market Plz Montgomery, AL 36104

    For Lease
    $8 SF/Yr

    High-demand retail space, flexible layouts.

    Lot size:
    51,608 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional retail property at 44 Market Plaza, Suite 701-801 in Montgomery, Alabama, offers a unique opportunity for businesses seeking flexible and high-visibility space. The building, totaling 51,608 square feet, underwent renovations in 2017, ensuring modern amenities and a well-maintained structure. Currently, there are multiple spaces available, with a minimum divisible size of 1,000 square feet and a maximum contiguous space of 12,902 square feet. A significant 26,804 square feet is currently vacant, presenting a prime opportunity for expansion or multiple tenants. The property sits on a 0.18-acre lot and is zoned T5, allowing for a variety of commercial uses. Built in 1975, this location benefits from its established presence in the heart of Montgomery, offering excellent visibility and accessibility. The property's location in the 36104 zip code provides easy access to major transportation routes and a thriving local market. This is an ideal opportunity for businesses seeking a well-maintained, versatile space in a prime Montgomery location. Contact us today to learn more about the available spaces and leasing options.

    Property Features for 44 Market Plz

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,608 SF
    Total Rate
    34405.33

    Building Details

    Year Built/Renovated
    1975/2017

    Unit(s) available at that property

    Space
    Suite 101
    Size
    1,000 SF
    Rate per SF
    $8
    Space
    Suite 701
    Size
    12,902 SF
    Rate per SF
    $8
    Space
    Suite 801
    Size
    12,902 SF
    Rate per SF
    $8

    HighLights

    • Modern high‑rise building in Lower Dexter's Market Plaza, offering convenient downtown access.
    • Class A office space, luxury residential lofts, and ground‑floor retail space available.
    • Rooftop signage opportunity.
    • Located in the Central Business District (CBD).
    • First‑floor retail space available.
    • Secured on‑site parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The 40 Four Building Apartment Rental Agency Alabama Sweet Tea ... Tea Manufacturer Foshee Residential Management ... Property Management Company Foshee Residential Downtown ... Property Management Company Foshee Residential Property Management Company

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.3087134
    Latitude
    32.3782452

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    FAQs

    What type of property is this?
    Retail property - High-demand retail space, flexible layouts.
    Where is this retail property located?
    The property is located at 44 Market Plz Montgomery, AL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Modern high-rise building in Lower Dexter's Market Plaza, offering convenient downtown access.; Class A office space, luxury residential lofts, and ground-floor retail space available.; Rooftop signage opportunity.
    Request Owner's contact information
    44 Market Plz Montgomery, AL 36104
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    Montgomery, AL 36104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    44 Market Plz Montgomery, AL 36104
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