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Property profile & analytics
OFF-MARKET
Retail space

2200 Madison Ave Montgomery, AL 36107-1914

2,940 SF 0.14 ac lot Built 1972
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US03-0255431
Property summary
AI-generated overview

This exceptional single-tenant medical office building, located at 2200 Madison Avenue in Montgomery, Alabama, presents a unique investment opportunity. The property boasts a total of 2,030 square feet situated on a 0.1-acre corner lot, offering excellent visibility and high traffic counts. Currently, 2,940 square feet is vacant, providing ample space for immediate occupancy and customization. Built in 1972, this one-story Class C building features a large, open floor plan, ready for build-out to suit your specific business needs. The property benefits from a B-2 zoning designation and enjoys significant road frontage: 50 feet on Madison Avenue and 125 feet on South Pennsylvania Street. Utilities, including power, are readily available. The property's location in Montgomery County, Alabama, zip code 36107, provides easy access to key transportation routes and a thriving local community. This is an ideal opportunity for medical professionals seeking a prominent location with significant expansion potential. The property's size and zoning make it suitable for a variety of medical practices. The existing structure provides a solid foundation for immediate occupancy or extensive renovation. Don't miss this chance to acquire a well-positioned medical office building in a desirable Montgomery location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Total area 2,940 SF
Lot 0.14 ac (6,250 SF)
Zoning code B-2
APN 10-03-08-4-021-005.000
UPID US03-0255431
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
Current use
Occupant on record · Public records
  • Madison Chiropractic Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Eastern Financial Corporation · 16 yrs held
Eastern Financial Corporation
since 2009
3 recorded transactions
2009
$220,000
2008
Price N/A
1969
Price N/A
Zoning & alternative use
B-2 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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