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    459 Mcdonough St Montgomery, AL 36104

    For Sale
    $735,000

    Prime location, 7,348 sq ft, $735,000

    Property size:
    7,348 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional two-story office building, situated on a 0.273-acre lot in downtown Montgomery, Alabama, presents a compelling investment opportunity. Boasting 7,348 total square feet and 5,414 net rentable square feet, this property offers a versatile space ideal for a variety of uses. Currently vacant, the building is ready for immediate occupancy and features five individual units. Constructed in 1970, the structure is zoned T4-R and benefits from a highly desirable location across the street from the Montgomery County City Library. Its central downtown location places it within easy reach of numerous governmental buildings, law firms, and healthcare facilities, ensuring high visibility and accessibility. The asking price is $735,000, translating to $100.03 per square foot. This represents a significant opportunity to acquire a well-positioned commercial property in a thriving urban core. The property's address is 459 S McDonough St, Montgomery, AL 36104. This is a for-sale-by-owner listing.

    Property Features for 459 Mcdonough St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,348 SF
    Lot Size
    11,892 SF

    Building Details

    Year Built
    1970
    Buildings
    1
    Stories
    2
    Units
    5

    HighLights

    • Prime Downtown Montgomery location.
    • Directly across from the Montgomery County City Library.
    • Excellent proximity to government offices, law firms, and medical facilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Toastmasters International Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage 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
    -86.304773101498
    Latitude
    32.372357820274

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, 7,348 sq ft, $735,000
    Where is this office property / space located?
    The property is located at 459 Mcdonough St Montgomery, AL.
    What is the asking price?
    The asking price for this property is $735,000.
    What are key features of this property?
    This property features: Prime Downtown Montgomery location.; Directly across from the Montgomery County City Library.; Excellent proximity to government offices, law firms, and medical facilities.
    Request Owner's contact information
    459 Mcdonough 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
    459 Mcdonough St Montgomery, AL 36104
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