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    2255 Forbes Dr Montgomery, AL 36110

    For Lease
    $6 SF/Yr ($12,133 /Mo)

    7,200 SF Available, Modern Updates

    Lot size:
    22,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 7,200-square-foot flex/warehouse space is situated on a 1.2-acre lot at 2255 S Forbes Dr in Montgomery, Alabama. The property, part of a larger 22,400-square-foot building, offers a single-story, 7,200-square-foot contiguous unit, ideal for a variety of industrial uses. Built in 1989, the building features a total of three suites, with this particular space currently vacant and ready for immediate occupancy. The property boasts 188.57 feet of frontage and is zoned M-3, providing flexibility for various business operations. Before occupancy, the building will undergo exterior painting and the parking lot will be refurbished, ensuring a modern and well-maintained environment for tenants. The property's location in Montgomery, AL, zip code 36110, offers convenient access to major transportation routes and amenities. This is a rare opportunity to secure a well-located, updated flex/warehouse space in a thriving Alabama market. The minimum divisible space is 7,200 square feet, and the maximum contiguous space available is also 7,200 square feet. The property's APN is 0409312000011007.

    Property Features for 2255 Forbes Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,400 SF
    Total Rate
    12133.33

    Building Details

    Year Built
    1989
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite C
    Size
    7,200 SF
    Rate per SF
    $6

    HighLights

    • 7,200 SF flex/warehouse space on a 1.2‑acre lot in Montgomery, AL.
    • Single‑story, 7,200 SF contiguous unit, currently vacant.
    • Features six 12' x 10' roll‑up doors, two 4' docks, three ramp loading areas, and one 2' flatbed loading area.
    • Building amenities include 16' ceilings, sprinklers, 3‑phase power, skylights, and ample parking.
    • Property is zoned M‑3 and offers 188.57 feet of frontage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Faulkner-Myrick Tile Tile Contractor Express Courier International Courier Service

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.3000011
    Latitude
    32.4113185

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    FAQs

    What type of property is this?
    Flex space - 7,200 SF Available, Modern Updates
    Where is this flex space located?
    The property is located at 2255 Forbes Dr Montgomery, AL.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 7,200 SF flex/warehouse space on a 1.2-acre lot in Montgomery, AL.; Single-story, 7,200 SF contiguous unit, currently vacant.; Features six 12' x 10' roll-up doors, two 4' docks, three ramp loading areas, and one 2' flatbed loading area.
    Request Owner's contact information
    2255 Forbes Dr Montgomery, AL 36110
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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
    2255 Forbes Dr Montgomery, AL 36110
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