5768 Carmichael Pkwy Montgomery, AL 36117
This exceptional investment opportunity presents a fully leased, single-story, 7,815-square-foot Class B professional office building situated on a 0.8-acre lot at 5768 Carmichael Parkway in Montgomery, Alabama. The property boasts 100% occupancy with three tenants under a gross lease structure, providing a stable income stream. The current lease expires August 31, 2027, offering a remaining lease term of approximately 2.8 years. Built in 1981, this building is zoned B-3 and features a backup generator, ensuring operational continuity. The property's strong financial performance is highlighted by a 7.53% capitalization rate and a net operating income (NOI) of $50,851, with an asking price of $675,000 ($86.37 per square foot). The convenient location is approximately half a mile from Eastern Boulevard and the I-85 on-ramp, providing excellent access to major transportation routes. This is an ideal investment for those seeking a stable, high-yield property in a thriving commercial area of Montgomery, Alabama. The property is conveniently located near several businesses including Haynes Ambulance, Serco, HCS Healthcare Systems, Central Alabama Pediatric Consultants, and Sadler Chiropractic.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.