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Property profile & analytics
OFF-MARKET
Office Spaces

5768 Carmichael Pkwy Montgomery, AL 36117

7,815 SF 0.8 ac lot Built 1981
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1981
Total area 7,815 SF
Lot 0.8 ac (34,848 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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