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    2900 Mcgehee Rd Montgomery, AL 36111

    Sponsored
    For Sale
    $975,000

    Prime Medical Office, Two Buildings

    Property size:
    16,891 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a portfolio of two medical office buildings totaling 16,891 square feet situated on a 1.39-acre lot in Montgomery, Alabama. The property, located at 2900 McGehee Rd, boasts a convenient location near Baptist Medical Center South and Jackson Hospital, ensuring high visibility and accessibility for medical professionals and patients. Built in 1968 and extensively renovated in 2024, the single-story buildings are zoned B-4 Retail/Office, offering flexibility for various medical uses. The asking price is $975,000, translating to $57.72 per square foot. A unique leaseback option is available for up to one year, providing a smooth transition for the buyer. This presents a compelling opportunity for medical practices seeking a strategic location with excellent access to major healthcare facilities. The property's recent renovation ensures modern amenities and functionality, making it an attractive investment for both owner-occupiers and investors. The portfolio's proximity to major hospitals makes it an ideal location for medical practices seeking high patient traffic and convenient access to medical resources. This is a rare opportunity to acquire a well-maintained, strategically located medical office portfolio in a thriving healthcare market.

    Property Features for 2900 Mcgehee Rd

    General Information

    Property type
    Medical offices
    Square Feet
    16,891 SF
    Class
    C
    Lot Size
    60,548 SF

    Building Details

    Year Built/Renovated
    1968/2024
    Buildings
    2
    Stories
    1

    HighLights

    • Two‑property portfolio available for sale.
    • Leaseback option available to seller.
    • Excellent accessibility and convenient location.
    • Close proximity to two major hospitals.
    Property Profile Location Intelligence

    Current Use by Public Records

    MAO - Medical Advocacy ... Medical Clinic Copeland Care Clinic ... Medical Clinic Dr. Cordelia Stearns Internist Wickliffe Many Jr, ... Infectious Disease Physician MAO Telehealth Resource ... Establishment

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2624073
    Latitude
    32.3372873

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, Two Buildings
    Where is this medical office located?
    The property is located at 2900 Mcgehee Rd Montgomery, AL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Two-property portfolio available for sale.; Leaseback option available to seller.; Excellent accessibility and convenient location.
    Request Owner's contact information
    2900 Mcgehee Rd Montgomery, AL 36111
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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
    2900 Mcgehee Rd Montgomery, AL 36111
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