Property summary
This exceptional commercial property, located at 2908 McGehee Road in Montgomery, Alabama, presents a remarkable opportunity for owner-users in the healthcare sector. Situated on a high-traffic stretch of McGehee Road and near the intersection of Fisk Road/Carter Hill Road, this building benefits from over 35,000 daily vehicles passing by, ensuring excellent visibility and accessibility. The 250,000 dollar asking price makes this a compelling investment. The building itself offers a spacious and well-designed layout, perfect for urgent care, dental, or primary care practices. Features include five exam rooms, a media room, five restrooms, and three offices, all complemented by a large lobby area. Ample storage space is available throughout the building, catering to the needs of a busy medical practice. The surrounding demographics are highly favorable, with over 71,000 residents within a three-mile radius boasting an average household income of $65,000. Montgomery, the second-largest city in Alabama, with a population of approximately 200,000, provides a strong and growing market for healthcare services. This property is priced to sell and represents a rare chance to acquire a well-located, functional building in a thriving community. Don't miss this opportunity to establish or expand your healthcare business in a prime Montgomery location.
Property profile
VerifiedCap rate & NOI
Current use
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Adult Day Care
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Home Health Care Service
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Home Health Care Service
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Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
or of a tenant space in a multi-tenant building, to any residential or PUD residential district line. Facilities operating prior to the adoption of this ordinance shall be considered legal non-conforming. Local Shopping…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-4 · Montgomery, ALor of a tenant space in a multi-tenant building, to any residential or PUD residential district line. Facilities operating prior to the adoption of this ordinance shall be considered legal non-conforming. Local Shopping…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
or of a tenant space in a multi-tenant building, to any residential or PUD residential district line. Facilities operating prior to the adoption of this ordinance shall be considered legal non-conforming. Local Shopping…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-4 in Montgomery, AL.
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