3321 Kessinger Dr Montgomery, AL 36116
Property profile & analytics
3321 Kessinger Dr Montgomery, AL 36116
- Office buildings
- 7,828 SF
- 0.76 lot acres
Property ID
US03-3095181
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
- Spectrum Reach / Marketing & Advertising / Advertising Agency
Property Details for 3321 Kessinger Dr
- Year built
- 2006
- Construction
- WOOD
- Lot size
- 0.76 lot acres
- Property size
- 7,828 SF
- Zone code
- PUD
- Property type
- Office buildings
- APN
- 09-09-29-3-000-001.033
- APU
- 909293000001033
Description
Exceptional investment opportunity in East Montgomery, Alabama, featuring a fully leased, 7,654 square foot Class A office building constructed in 2006. This single-building property sits on a 0.8-acre lot (APN: 0909293000001033) and boasts a strong 8.50% cap rate with a Net Operating Income (NOI) of $87,415. The property is 100% occupied by two national tenants under a modified lease with rent bumps. Located at 3321 Kessinger Dr, Montgomery, AL 36116, this prime location offers convenient access to major roadways, including I-85 (2 miles away), and is near the intersection of Taylor Road and Vaughn Road, across from Sturbridge Subdivision. The property benefits from a thriving commercial area with ample dining, retail, and entertainment options. The surrounding area demonstrates strong growth potential, with over 46,000 residents within a 3-mile radius and a projected 5-year growth rate of 10.77%. The permitted zoning is PUD. This well-maintained property presents a strategic investment opportunity with potential for future expansion. The asking price is $999,000, translating to $130.52 per square foot.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $647,000
- AI Estimate
- $831,000
Market price range: $333k - $757kMarket price range: $193k - $1.15M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $510,000 Current use
- MEDICAL BUILDING
- $1,070,000 Change: +109% Conversion: Easy
- RETAIL STORES
- $765,000 Change: +50% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $605,000 Change: +18% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $600,000 Change: +17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.1814
- Latitude
- 32.3349
- 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
2023
$6,435
$33,280
$184,960
$218,240
-
$166,400
$924,800
$1,091,200
