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Property profile & analytics
FOR SALE
Office buildings

3321 Kessinger Dr Montgomery, AL 36116

7,828 SF 0.76 ac lot Built 2006
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-3095181
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Construction WOOD
Total area 7,828 SF
Lot 0.76 ac (33,278 SF)
Zoning code PUD
APN 09-09-29-3-000-001.033
UPID US03-3095181
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
  • Spectrum Reach Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$648k
Blend (final) Blend
$785k
Owner & transaction history
Architects Holdings LLC · 18 yrs held
Architects Holdings LLC
since 2007
1 recorded transaction
2007
$874,500
Zoning & alternative use
PUD · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.1M +109.0%
Retail stores $765,000 +49.9%
Neighborhood: shopping center $605,000 +18.4%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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