2811 Eastern Blvd Montgomery, AL 36116-1021
This exceptional 3,051 square foot office building, located at 2811 Eastern Blvd in Montgomery, Alabama, presents a compelling investment opportunity. Built in 1981 and situated on a 0.748-acre lot, the property boasts 24 parking spaces and is zoned B-3 (Highway Commercial District), offering significant flexibility for various commercial uses. The building's well-maintained interior and exterior are complemented by its high visibility and accessibility from major transportation routes. Previously used as a bank and executive office space, the layout is adaptable to a variety of office configurations. The property includes three drive-thru lanes, a valuable asset for businesses requiring this feature. With its strategic location in Montgomery, Alabama, and its ample parking, this building offers a strong return on investment for discerning buyers seeking a well-established and versatile commercial property. The asking price is $750,000. This is a rare opportunity to acquire a prime commercial property in a thriving Montgomery location.
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Laurie Ledbetter Loan Service Bank
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PNC ATM Atm
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PNC Bank Atm Bank
s is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial B-3 Item Districts B-2 B-3 Classes of business or services permitted A, B & C A, B & C Classes of business or services which may be permitte…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Montgomery, ALs is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial B-3 Item Districts B-2 B-3 Classes of business or services permitted A, B & C A, B & C Classes of business or services which may be permitted on appeal D & G D & G Classes of business or services restricted E & F E & F Mini
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.