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    451 St Lukes Dr Montgomery, AL 36117

    Sponsored
    For Lease
    $14 SF/Yr ($11,217 /Mo)

    Class A Office, 2 Spaces Available

    Lot size:
    9,615 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office building, located at 451 St. Lukes Dr in Montgomery County, offers 9,615 square feet of space, with 5,000 square feet currently available for lease. The building features a traditional office layout and is also suitable for coworking arrangements. The property sits on 6.7 acres of land and boasts two stories served by an elevator. The zoning is O-1, allowing for a variety of professional office uses. Ample on-site parking is available for employees and clients. The building's prime location offers excellent visibility and accessibility. It's situated directly across from Baptist Medical Center East, benefiting from high traffic counts of approximately 31,596 AADT on Vaughn Road and 35,730 AADT on Taylor Road. Convenient access to Interstate 85 (1.2 miles), East Chase Shopping Center (1.9 miles), and multiple shopping centers within a 3.2-mile radius (Sturbridge, Festival Plaza, Cornerstone, and Pepper Tree) ensures a vibrant and convenient environment for businesses and employees. Furthermore, the property is within 4.5 miles of several established and thriving Montgomery neighborhoods, including Wynlakes, Taylor Lakes, Hampstead, Sturbridge, Halcyon, Wyndridge, Deer Creek, and Eastern Forest. Flexible lease terms are available, and the landlord is willing to include existing cubicles as part of the lease price. Spaces range from 2,000 to 5,000 square feet. This is a truly unique opportunity to secure a high-quality office space in a desirable location.

    Property Features for 451 St Lukes Dr

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,615 SF
    Class
    A
    Total Rate
    11217.5

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Suite D
    Size
    5,000 SF
    Rate per SF
    $14
    Space
    Suite C
    Size
    5,000 SF
    Rate per SF
    $14

    HighLights

    • Class A, 9,615 SF office building with 5,000 SF available for lease.
    • Two‑story building with elevator, offering 2,000‑5,000 SF spaces.
    • Multiple tenancy options available.
    • Located in Montgomery County on a 6.7‑acre lot, zoned O‑1.
    • Includes ample on‑site parking.
    • Excellent location across from Baptist Medical Center East, with high traffic counts on nearby Vaughn and Taylor Roads.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.1708173
    Latitude
    32.3780413

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    FAQs

    What type of property is this?
    Coworking space - Class A Office, 2 Spaces Available
    Where is this coworking space located?
    The property is located at 451 St Lukes Dr Montgomery, AL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Class A, 9,615 SF office building with 5,000 SF available for lease.; Two-story building with elevator, offering 2,000-5,000 SF spaces.; Multiple tenancy options available.
    Request Owner's contact information
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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
    451 St Lukes Dr Montgomery, AL 36117
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