150 Fleming Rd Montgomery, AL 36105-3208
Property summary
This exceptional 34,588-square-foot special purpose property, built in 2003, presents a unique investment opportunity in Montgomery, Alabama. Located on a generous 15-acre lot at 150 E Fleming Rd, 36105, near the intersection of E Fleming Road and Norman Bridge Road, this former church offers immense potential for adaptive reuse. The asking price is $1,750,000, translating to $50.60 per square foot. The property consists of a single building and includes existing furniture, fixtures, and equipment. This comprehensive inventory encompasses chairs, audio systems, and daycare furniture, offering a significant head start for prospective buyers. The property's size and location make it suitable for a variety of uses, including but not limited to: a church, school, call center, entertainment venue, or governmental office. Its substantial square footage and expansive acreage provide ample space for diverse operational needs and future expansion. This is a rare opportunity to acquire a substantial property in a desirable Montgomery location. The property's versatility and existing infrastructure make it an attractive proposition for a wide range of potential buyers.
Property profile
VerifiedCap rate & NOI
Current use
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Community Center
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Food Bank Charitable Organization
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Family Recreation Center
Value estimations
Owner & transaction history
Zoning & alternative use
1; Ord. No. 44-68, § 1; Ord. No. 31-73; Ord. No. 69-83, § 1, 9-27-1983; Ord. No. 84-2002, § 1, 12-17-2002; Ord. No. 42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014) Sec. 4. - Industrial districts. Light Industry…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Montgomery, AL1; Ord. No. 44-68, § 1; Ord. No. 31-73; Ord. No. 69-83, § 1, 9-27-1983; Ord. No. 84-2002, § 1, 12-17-2002; Ord. No. 42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014) Sec. 4. - Industrial districts. Light Industry…
Zoning
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Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-1 in Montgomery, AL.
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