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Property profile & analytics
OFF-MARKET
Medical Office Space

2921 Zelda Rd Montgomery, AL 36106-2682

3,791 SF 0.46 ac lot Built 1982
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US03-0313086
Property summary
AI-generated overview

This exceptional 3,791 square foot office building is ideally situated on a hard corner with a traffic signal in bustling Midtown Montgomery, Alabama. Located at 2921 Zelda Rd, this single-story building sits on a 0.46-acre lot (APN: 10-05-21-1-002-016.017) and offers 3,744 square feet of net rentable space, priced at $120.02 per square foot for a total asking price of $455,000. Currently vacant, the property boasts 30 parking spaces and is zoned X. Its strategic location provides excellent visibility and accessibility, directly across from a cluster of popular businesses including Publix, Starbucks, and several restaurants. The property's proximity to I-85 (0.7 miles), Huntingdon College (2.5 miles), Alabama State University (3.4 miles), and Downtown Montgomery (3.6 miles) further enhances its appeal. The building's previous use as a pediatric office makes it well-suited for a variety of medical or professional uses, including medical or dental clinics, and veterinary clinics. This is a rare opportunity to acquire a high-traffic, well-located commercial property in a thriving area of Montgomery.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1982
Construction WOOD
Total area 3,791 SF
Lot 0.46 ac (20,255 SF)
Zoning code O-2
APN 10-05-21-1-002-016.017
UPID US03-0313086
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
  • Doyle Michael J MD Pediatrician Medical Clinic
  • Dr. Nicole Sheffield Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Charles Everage · 3 yrs held
Charles Everage
since 2023
Last sale
$380,000
2 recorded transactions
2023
Price N/A
2005
Price N/A
Zoning & alternative use
O-2 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

03; 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 O-1, Office Complex O-2 Item Districts O-0 O-1 O-2 Classes of structures or uses permitted A & B A, B & E A & B Classes of structures or uses permitted on appea…

Zone name Office Park Planned Area
General category CIVIC_INSTITUTIONAL
Zone area 376.21 ac
Source code of ordinances
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