Property profile

3325 Aronov Ave Montgomery, AL 36108

OFF-MARKET
Warehouses
43,000 SF Built 1942
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Property summary

AI-generated overview

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

Verified
Property type Warehouses
Year built 1942
Total area 43,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store

Location

3325 Aronov Ave Montgomery, AL 36108
Montgomery metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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