7003-7011 Fulton Ct Montgomery, AL 36109
- Office Properties & Spaces
- 5,492 SF
- 0.46 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 7003-7011 Fulton Ct
- Year built
- 1999
- Lot size
- 0.46 lot acres
- Property size
- 5,492 SF
- Property type
- Office Properties & Spaces
Description
This exceptional multi-tenant office building, located at 7003-7011 Fulton Court in Montgomery, Alabama, presents a compelling investment opportunity. The 5,492 square foot property, built in 1999, boasts 100% occupancy and a strong net operating income (NOI) of $57,974, yielding a 9.25% cap rate. Priced at $627,000 ($114.17 per square foot), this Class C building sits on a 0.46-acre lot and is zoned O-1 (Office District). Its prime East Montgomery location offers convenient access to a variety of amenities, including numerous restaurants, shopping centers, healthcare facilities, and hotels. Ample on-site parking ensures ease of access for tenants and visitors. The property benefits from its proximity to major thoroughfares, including Taylor Road (approximately 0.7 miles with ~35,730 AADT), EastChase Shopping Center (approximately 2.0 miles), and I-85 (approximately 2.3 miles). This strategic location, combined with the current high occupancy and below-market leases, makes this a highly attractive investment prospect for those seeking a stable and profitable commercial property in a thriving area of Montgomery. The building has maintained 100% occupancy for the last 10 years. Its location is approximately 10.8 miles from Downtown Montgomery.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.2514
- Latitude
- 32.3855
