Technical
Financial
Distress signals
Property profile

2567 Bell Rd Montgomery, AL 36117

OFF-MARKET
Office buildings
Property ID
US03-0303502
4,904 SF 0.46 ac lot Built 2000
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 5,466 square foot office building, located at 2567 Bell Road in Montgomery, Alabama (zip code 36117), presents a compelling value-add investment opportunity. Built in 2000, the property sits on a 0.46-acre lot and is zoned O-1. Currently, the building boasts 66% occupancy with two existing tenants, leaving one unit vacant. The asking price is $499,000, translating to $91.29 per square foot. The building's three units are suitable for both medical and traditional office uses. Its strategic location offers convenient access to major thoroughfares, including Atlanta Highway, Vaughn Road, and US 231 South, ensuring high visibility and accessibility for tenants. This owner-user opportunity allows for potential rental income generation alongside the benefit of occupying a portion of the space. The property's existing infrastructure and tenant base provide a solid foundation for future growth and increased profitability. The building's age and current occupancy rate offer significant potential for value enhancement through renovations or lease adjustments. This is an excellent chance to acquire a well-situated, income-producing property in a growing market.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Construction WOOD
Total area 4,904 SF
Lot 0.46 ac (19,875 SF)
Zoning code O-1
APN 09-09-30-1-000-001.102
UPID US03-0303502

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
  • Weight Loss Service

Location

2567 Bell Rd Montgomery, AL 36117-4369
Montgomery metro Census 5412 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2022
Last sale
$430,000
2 recorded transactions
2022
$350,000
2017
$169,000

Zoning & alternative use

O-1 · Montgomery, AL
Zoning description

42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014; Ord. No. 40-2014, § 1, 7-1-2014; Ord. No. 48-2015, § 1, 9-1-2015; Ord. No. 32-2023 , § 1, 8-1-2023) Sec. 5. - Office districts. Office Complex O-0, Office Complex…

General category CIVIC_INSTITUTIONAL

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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