3321 Kessinger Dr Montgomery, AL 36116
For Sale
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PUD · Montgomery, ALMontgomery. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.