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    201 Monroe St Montgomery, AL 36104

    For Lease
    $22 SF/Yr

    10,393 SF Available in Class A Building

    Lot size:
    798,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A office space, located at 201 Monroe Street in Montgomery, Alabama, presents a rare opportunity. Boasting a total of 798,100 square feet, this multi-tenant building offers 10,393 square feet of immediately available space. Built in 1996, the property sits on a generous 2.27-acre lot and is zoned Smart Code - T5, providing flexibility for various business needs. The building's traditional office layout is complemented by executive office suites, catering to a diverse range of tenants. Situated in Montgomery County, Alabama, with a 36104 zip code, this location provides excellent access to the city's amenities and infrastructure. The property's substantial size and prime location make it an ideal investment for businesses seeking a prestigious and functional workspace. The available 10,393 square feet offers significant potential for expansion or customization to meet specific requirements. This is a unique chance to secure a prominent presence in a well-established and highly sought-after office building. Contact us today to learn more about this exceptional opportunity.

    Property Features for 201 Monroe St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    798,100 SF
    Class
    A
    Total Rate
    1496437.5

    Building Details

    Year Built
    1996

    Unit(s) available at that property

    Space
    Available Space
    Size
    10,393 SF
    Rate per SF
    $22

    HighLights

    • Class A office space, 798,100 SF total, 10,393 SF immediately available, located at 201 Monroe Street, Montgomery, AL 36104.
    • Downtown Montgomery location, walking distance to Convention Center, MPAC, EJI, hotels, restaurants, and retail.
    • Strong downtown employment base of 35,000 employees.
    • First‑floor Chick‑fil‑A.
    • Convenient access to I‑85/I‑65 interchange.
    • Proximity to Troy University Montgomery (4,000+ students within 5 blocks).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chick-fil-A Fast Food Restaurant Bits N Pieces Gift Shop Strengthen Alabama Homes Contractor Regions Mortgage Mortgage Lender Alabama Department of Senior ... State Government Office

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -86.3058201
    Latitude
    32.3791774

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    FAQs

    What type of property is this?
    Office Property / Space - 10,393 SF Available in Class A Building
    Where is this office property / space located?
    The property is located at 201 Monroe St Montgomery, AL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Class A office space, 798,100 SF total, 10,393 SF immediately available, located at 201 Monroe Street, Montgomery, AL 36104.; Downtown Montgomery location, walking distance to Convention Center, MPAC, EJI, hotels, restaurants, and retail.; Strong downtown employment base of 35,000 employees.
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    201 Monroe St 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
    201 Monroe St Montgomery, AL 36104
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