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    1043 Adams Ave Montgomery, AL 36104

    For Sale
    $175,000

    Downtown Montgomery Flex Space: 5,000 SF

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5,000-square-foot mixed-use property at 1043 Adams Ave in Montgomery, Alabama, presents a unique investment opportunity. The building, constructed in 1966, sits on a 0.35-acre lot and is zoned M-1, allowing for diverse commercial uses. Its flexible layout seamlessly blends retail storefront and warehouse space, making it ideal for a variety of businesses. The property features a fully fenced perimeter with a 6-foot fence, ensuring security and privacy. Its prime downtown location offers unparalleled convenience, with less than half a mile to the Alabama State Capitol. Strategic access to major transportation arteries is also a key advantage, being approximately 0.8 miles from I-85 and 2 miles from I-65. Furthermore, the property benefits from its proximity to significant attractions and employment centers, including the Montgomery Whitewater park (2.3 miles) and Maxwell Air Force Base (3.5 miles), which serves a substantial population of active duty personnel, contractors, and retirees, as well as the Air Force University. This versatile property offers significant potential for growth and return on investment in a thriving urban setting. The property's APN is 10 03 07 4 019 013.000. This single-story building presents a rare opportunity to acquire a well-located, adaptable commercial space in a dynamic and growing area of Montgomery.

    Property Features for 1043 Adams Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,000 SF
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1966
    Buildings
    1
    Stories
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Audio-Video Resources Inc Audiovisual Equipment Rental Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Law Firm Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2937976
    Latitude
    32.3758542

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    FAQs

    What type of property is this?
    Individual retail property - Downtown Montgomery Flex Space: 5,000 SF
    Where is this individual retail property located?
    The property is located at 1043 Adams Ave Montgomery, AL.
    What is the asking price?
    The asking price for this property is $175,000.
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    1043 Adams Ave 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
    1043 Adams Ave Montgomery, AL 36104
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