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Property profile & analytics
FOR LEASE
Warehouses

311 N Eastern Blvd Montgomery, AL 36117

75,390 SF 6.6 ac lot Built 1973
Entity Owned 6-yr Hold Free & Clear
Property ID
US03-0876180
311 N Eastern Blvd, Montgomery, AL 36117 For Lease
Contact for pricing 400,000 SF available
311 N Eastern Blvd, Montgomery, AL 36117
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Property summary
AI-generated overview

This exceptional Montgomery, Alabama warehouse property, located at 311 N Eastern Blvd, zip code 36117, offers a total of 400,507 square feet of space within a light industrial (M-1) zoned area of Montgomery County. Currently, 113,834 square feet are vacant, presenting a significant opportunity for multiple tenants. The available spaces range in size from 4,050 square feet to 42,000 square feet, catering to a variety of business needs. The property's strategic location within the Montgomery East Industrial Park provides unparalleled convenience, situated just two miles from Interstate 85 and seven miles from Interstate 65, ensuring efficient transportation and logistics. This multi-tenant warehouse is ideal for businesses seeking flexible and strategically located industrial space in a thriving Alabama market. The property's size and location make it an attractive option for companies requiring substantial warehouse capacity with easy access to major transportation arteries. Serious inquiries are encouraged to explore the possibilities of this prime industrial real estate opportunity.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1973
Total area 75,390 SF
Lot 6.6 ac (287,496 SF)
Zoning code M-1
APN 10-01-12-1-000-003.000
UPID US03-0876180
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$1.43M
Owner & transaction history
Wmfm Investment Co LLC · 6 yrs held
Wmfm Investment Co LLC
since 2020
1 recorded transaction
2020
$500
Zoning & alternative use
M-1 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1; Ord. No. 44-68, § 1; Ord. No. 31-73; Ord. No. 69-83, § 1, 9-27-1983; Ord. No. 84-2002, § 1, 12-17-2002; Ord. No. 42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014) Sec. 4. - Industrial districts. Light Industry M-1, Industrial Park M-2, General Industry M-3 ITEM DISTRICT M-1 M-2 M-3 Classes of industry, businesses or services permitted A & D A A, B,…

Zone name Light Industry
General category INDUSTRIAL
Zone area 13,293.95 ac
Source code of ordinances
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