285 Kershaw Industrial Blvd Montgomery, AL 36117
Property profile & analytics
285 Kershaw Industrial Blvd Montgomery, AL 36117
- Warehouses
- 11,306 SF
- 0.77 lot acres
Property ID
US03-0307149
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- BAPS Shri Swaminarayan Mandir / Temple
Property Details for 285 Kershaw Industrial Blvd
- Year built
- 2002
- Lot size
- 0.77 lot acres
- Property size
- 11,306 SF
- Zone code
- M-3
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 09-06-13-3-000-006.003
- APU
- 906133000006003
Description
This exceptional 11,250-square-foot flex space at 285 Kershaw Industrial Blvd in Montgomery, Alabama, presents a compelling sale-leaseback opportunity. The property, built in 2002, boasts a Class B rating and is situated on a 0.77-acre lot zoned M-1. The single-story building features 16-foot ceilings and two dock-high doors, ideal for various industrial and mixed-use applications. Currently 100% occupied by First Klass Movers under a triple-net (NNN) lease with a three-year term at $8,000 per month, generating a substantial net operating income (NOI) of $96,000 and an attractive 8.00% capitalization rate. The asking price is $1,199,000. This property offers a strong return on investment with the added benefit of a long-term lease in place. Its convenient location, less than two miles from I-85, provides excellent access to major transportation routes, enhancing its appeal and potential for future growth. The property's single-tenant occupancy minimizes management complexities, making it an attractive option for investors seeking a stable and profitable asset. This sale-leaseback presents a unique opportunity to acquire a well-located, income-producing industrial property with a strong tenant in place.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.118
- Latitude
- 32.3654
- CBSA code
- 33860
- CBSA name
- MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,658
$20,080
$93,540
$113,620
-
$100,400
$467,700
$568,100
