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Medical Office Portfolio For Sale
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2900 McGehee Road, Montgomery, AL 36111

Two-property portfolio ideal for medical practice near hospitals.

Property Size16,891 SF
Lot Size1.39 Acres
Price / SF$29.60
Days on Market837

Property Features for 2900 McGehee Road

General Information

Standard status Active
Size 16,891 SF
Class C
Lot size 1.39 Acres
Property subtype Office
Zoning B-3 Retail/Office
Investment Type Owner/User

Building Details

Year Built 1968
Year Renovated 2024
Buildings 2
Stories 1
Units 2
Listing Agency: Aronov Realty Brokerage
Listed By: Mickey Griffin · License #AL
Source: Crexi
Added: May 21, 2024 Changed: Sep 2 Last Checked: Aug 29 at 9:30AM

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 Aronov Realty Brokerage

Investment Insights

Based on property information with market context.

A portfolio of two properties located on McGehee Road in Montgomery, Alabama, is available for purchase. The properties include 2900 McGehee Road, offering 14,338 square feet on 0.85 acres, and 2530 Fisk Road, providing 2,500 square feet on 0.54 acres, for a total of 16,891 square feet. This portfolio is positioned as an opportunity for a medical practice due to its proximity to Baptist Medical Center South and Jackson Hospital. The current owner/user is expanding to a new location and will leaseback the property for up to one year, if needed, to accommodate possession. The location is strategic for those seeking office or medical property, offering convenience and accessibility near Baptist Medical Center South.

Key Highlights

  • Portfolio of two properties totaling 16,838 sf on 1.39 acres.
  • Strategic location on McGehee Road in Montgomery, Alabama.
  • Ideal for a medical practice due to proximity to Baptist Medical Center South and Jackson Hospital.

Property Analytics

Current Use

MAO - Medical Advocacy ... Medical Clinic Copeland Care Clinic ... Medical Clinic Dr. Cordelia Stearns Physician Wickliffe Many Jr, ... Physician MAO Telehealth Resource ... Corporate Office

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply 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

203
Businesses Nearby
Under-served
Demand for This Use

Demographics for 36111, AL

12,793
Population
5,789
Households
2.2
Avg Household Size
38
Median Age
38%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
2,975
Density / Sq Mi
$54,613
Median Household Income
$35,648
Median Earnings
$1,052
Median Rent
$152,000
Median Home Value

Market

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 - Two-property portfolio ideal for medical practice near hospitals.
Where is this medical office space located?
The property is located at 2900 McGehee Road Montgomery, AL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Portfolio of two properties totaling 16,838 sf on 1.39 acres.; Strategic location on McGehee Road in Montgomery, Alabama.; Ideal for a medical practice due to proximity to Baptist Medical Center South and Jackson Hospital.
More about this property
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