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    3321 Kessinger Dr Montgomery, AL 36116

    For Sale
    $999,000

    High-yield, fully leased office building.

    Property size:
    7,654 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Exceptional investment opportunity in East Montgomery, Alabama, featuring a fully leased, 7,654 square foot Class A office building constructed in 2006. This single-building property sits on a 0.8-acre lot (APN: 0909293000001033) and boasts a strong 8.50% cap rate with a Net Operating Income (NOI) of $87,415. The property is 100% occupied by two national tenants under a modified lease with rent bumps. Located at 3321 Kessinger Dr, Montgomery, AL 36116, this prime location offers convenient access to major roadways, including I-85 (2 miles away), and is near the intersection of Taylor Road and Vaughn Road, across from Sturbridge Subdivision. The property benefits from a thriving commercial area with ample dining, retail, and entertainment options. The surrounding area demonstrates strong growth potential, with over 46,000 residents within a 3-mile radius and a projected 5-year growth rate of 10.77%. The permitted zoning is PUD. This well-maintained property presents a strategic investment opportunity with potential for future expansion. The asking price is $999,000, translating to $130.52 per square foot.

    Property Features for 3321 Kessinger Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,654 SF
    Class
    A
    Lot Size
    34,848 SF

    Building Details

    Year Built
    2006
    Buildings
    1

    HighLights

    • Investment‑grade property with two national tenants: Spectrum Corporate and Seraj Family Homes.
    • Excellent location in East Montgomery.
    • Well‑maintained building with versatile interior space.
    • Significant expansion potential.
    • Strong strategic investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spectrum Reach Advertising Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.181576976871
    Latitude
    32.335306585277

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    FAQs

    What type of property is this?
    Office Property / Space - High-yield, fully leased office building.
    Where is this office property / space located?
    The property is located at 3321 Kessinger Dr Montgomery, AL.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Investment-grade property with two national tenants: Spectrum Corporate and Seraj Family Homes.; Excellent location in East Montgomery.; Well-maintained building with versatile interior space.
    (334) 354-2627
    Request Owner's contact information
    3321 Kessinger Dr Montgomery, AL 36116
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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
    3321 Kessinger Dr Montgomery, AL 36116
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