2166 Mt Meigs Rd Montgomery, AL 36107-2362
- Retail space
- 1,122 SF
- 0.07 lot acres
Jan 18, 2025
Current Use by Public Records
- Retail space
Property Details for 2166 Mt Meigs Rd
- Year built
- 1945
- Lot size
- 0.07 lot acres
- Property size
- 1,122 SF
- Zone code
- B-2
- Property type
- Retail space
- APN
- 10-03-08-4-034-003.000
- APU
- 1003084034003000
Description
This 1,122 square foot executive office building, located at 2166 Mt Meigs Rd in Montgomery, Alabama, presents a compelling investment opportunity. Priced at $55,000 ($49.02/sq ft), this Class C property offers significant value-add potential. Built in 1945, the building retains historic charm while boasting a versatile B-2 zoning designation, allowing for a range of commercial uses. Its prime location offers convenient access to major transportation arteries, including I-65 and I-85, and is approximately 10.8 miles from Montgomery Regional Airport, ensuring excellent connectivity. The single-unit structure is ideal for an owner-occupier or investor seeking a strong return. This property is situated in the thriving Montgomery MSA, providing a stable market for future growth and appreciation. The building's age presents an opportunity for renovations and upgrades to enhance its value and appeal. This is a rare chance to acquire a well-located, historically significant commercial property at an attractive price point. The property's size and zoning make it suitable for a variety of office or commercial ventures. Don't miss this chance to acquire a piece of Montgomery's commercial real estate landscape.
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
- -86.2773
- Latitude
- 32.3782
- CBSA code
- 33860
- CBSA name
- MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
