Property summary
This exceptional 43,000-square-foot industrial property in Montgomery, Alabama, presents a compelling investment opportunity. Located at 3325 Aronov Ave, Montgomery, AL 36108, this single-story building boasts a versatile M-3 zoning designation, ideal for distribution, flex, and warehouse operations. Built in 1942, the property features 14-22 foot ceilings and two dock-high doors, providing ample space for storage and logistical activities. The asking price is $1,200,000, translating to $27.91 per square foot. The net rentable area is 43,000 square feet. The property is currently vacant with an occupancy date of July 25, 2024. Its strategic location offers excellent access to major transportation arteries, including proximity to I-65 (Exit 170, 2.5 miles), I-85 (Exit 0, 3.6 miles), US 80 (4.5 miles), Highway 331 (5 miles), US 82 & US Highway 31 (8 miles), and Highway 231 & Eastern Blvd (9 miles). This property is ready for immediate occupancy and represents a significant opportunity within a thriving industrial market. The APN is 1105223002002000.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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