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    2245 Fairview Ave Montgomery, AL 36108

    Sponsored
    For Sale
    $594,000

    19,486 SF Flex Space, $594K

    Property size:
    19,486 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 19,486-square-foot industrial flex space, located at 2245 W Fairview Ave in Montgomery, Alabama, presents a compelling investment opportunity. The property, situated on a 0.76-acre lot, boasts a single-story building constructed in 1955 with solid construction. Zoned M-1, it offers versatile usage potential for various industrial needs. The building features three steel overhead doors and a sprinkler system, enhancing functionality and safety. Its spacious layout allows for flexible use and efficient workflow. Ample parking and loading/unloading areas are readily available, ensuring smooth operations. The property's strategic location offers convenient access to major transportation arteries, being approximately 0.6 miles from I-65 and 1.5 miles from I-85, facilitating seamless logistics and distribution. The asking price is $594,000, translating to $30.48 per square foot. This vacant property is ready for immediate occupancy and customization to suit a wide range of industrial and manufacturing businesses. The property's solid construction and prime location make it an ideal investment for long-term growth and profitability.

    Property Features for 2245 Fairview Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    19,486 SF
    Lot Size
    33,106 SF

    Building Details

    Year Built
    1955
    Buildings
    1
    Stories
    1

    HighLights

    • $594,000 asking price for this 19,486 square foot industrial property.
    • Vacant, 19,486 SF flex/manufacturing/warehouse building.
    • Located at 2245 W Fairview Ave, Montgomery, AL 36108.
    • Features three overhead doors, sprinkler system, and ample parking.
    • M‑1 zoning, situated on a 0.76‑acre lot.
    • Single‑story building constructed in 1955.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.331758519917
    Latitude
    32.350713775841

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    FAQs

    What type of property is this?
    Distribution property - 19,486 SF Flex Space, $594K
    Where is this distribution property located?
    The property is located at 2245 Fairview Ave Montgomery, AL.
    What is the asking price?
    The asking price for this property is $594,000.
    What are key features of this property?
    This property features: $594,000 asking price for this 19,486 square foot industrial property.; Vacant, 19,486 SF flex/manufacturing/warehouse building.; Located at 2245 W Fairview Ave, Montgomery, AL 36108.
    Request Owner's contact information
    2245 Fairview Ave Montgomery, AL 36108
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    Montgomery, AL 36108
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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
    2245 Fairview Ave Montgomery, AL 36108
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