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    1628 Highland Ave Montgomery, AL 36106

    For Lease
    $120 SF/Yr

    12,710 SF Office/Warehouse, Montgomery, AL

    Lot size:
    12,710 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional single-tenant property, located at 1628 Highland Ave in Montgomery, Alabama, presents a unique investment opportunity. The 12,710-square-foot building sits on a 0.39-acre lot and offers a blend of executive office space and warehouse functionality, ideal for a variety of businesses. Constructed in 1962, this one-story building is zoned T4-O and features one loading dock, making it well-suited for efficient operations. The entire 12,710 square feet is currently vacant, providing immediate occupancy for a new tenant. The property's location in Montgomery County, Alabama, offers convenient access to major transportation routes and amenities. This is a rare opportunity to acquire a versatile commercial property in a desirable location. The property's single-tenant occupancy simplifies management and provides a stable income stream potential. The building's size and layout offer flexibility for customization to meet specific business needs. With its combination of office and warehouse space, this property is well-positioned to attract a diverse range of potential tenants. The property's address is 1628 Highland Ave, Montgomery, AL 36106. The property is located in Montgomery County.

    Property Features for 1628 Highland Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,710 SF
    Total Rate
    127100

    Building Details

    Year Built
    1962
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    12,710 SF
    Rate per SF
    $120

    HighLights

    • 83‑unit multifamily property
    • 17,082 square foot land parcel
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hughes Bug Stop ... Pest Control Service

    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
    -86.2412543
    Latitude
    32.3512837

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    FAQs

    What type of property is this?
    Distribution property - 12,710 SF Office/Warehouse, Montgomery, AL
    Where is this distribution property located?
    The property is located at 1628 Highland Ave Montgomery, AL.
    What is the lease rate?
    The lease rate is $120 SF/Yr.
    What are key features of this property?
    This property features: 83-unit multifamily property; 17,082 square foot land parcel;
    Request Owner's contact information
    1628 Highland Ave Montgomery, AL 36106
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    Montgomery, AL 36106
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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
    1628 Highland Ave Montgomery, AL 36106
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