Technical
Financial
Distress signals
Property profile

150 Dexter Ave Montgomery, AL 36104

FOR LEASE
Banks
Property ID
US03-0456321
13,091 SF 0.73 ac lot Built 1969
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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150 Dexter Ave, Montgomery, AL 36104 For Lease
Contact for pricing 13,091 SF available
150 Dexter Ave, Montgomery, AL 36104
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Property summary

AI-generated overview

This exceptional 12,999-square-foot retail space is available for lease at 150 Dexter Avenue in Montgomery County. The property offers a single-tenant occupancy, providing a unique opportunity for a business seeking a substantial and highly visible location. The entire building is currently vacant, presenting a blank canvas for a prospective tenant to customize the space to perfectly suit their operational needs. The building's substantial square footage allows for a wide range of retail concepts, from large-format stores to multi-functional spaces. The property's location in Montgomery County offers excellent access to major transportation arteries, ensuring high visibility and convenient access for customers. This presents a rare opportunity to secure a significant retail presence in a desirable market. The property is classified as Commercial Retail and is available immediately. The building's size and layout provide ample space for inventory, display, and customer service areas. Prospective tenants are encouraged to explore the possibilities this expansive retail space offers. The absence of existing tenants allows for complete design flexibility and customization, enabling the creation of a truly unique and impactful retail environment. This is an ideal opportunity for a business seeking to establish a strong presence in a thriving Montgomery County location. The property's size and location make it an attractive proposition for a variety of retail businesses. Serious inquiries are welcome.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,091 SF
Lot 0.73 ac (32,000 SF)
Zoning code T5
APN 10-03-07-3-303-011.000
UPID US03-0456321

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
  • IT Consulting Firm Tech Support Center
  • Real Estate Agency
  • Vocational School Training Center
  • Real Estate Agency
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

150 Dexter Ave Montgomery, AL 36104
Montgomery metro Census 100 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2015
1 recorded transaction
2015
$750,000

Zoning & alternative use

T5 · Montgomery, AL
Zoning description

Urban Center Zone consists of higher density mixed use buildings that accommodate retail, offices, rowhouses and apartments. It has a tight network of streets, with wide sidewalks, steady street tree planting and buildin…

General category MIXED_USE

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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