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Property profile & analytics
OFF-MARKET Estimated value $985,000
Warehouses

3445 Aronov Ave Montgomery, AL 36108-2333

45,648 SF 3.15 ac lot Built 1942
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-0939611
Property summary
AI-generated overview

This exceptional Montgomery County investment opportunity presents a prime 1-acre industrial land parcel with a small shop, ideally suited for truck and trailer parking. The property boasts a total building area of 44,882 square feet, with 30,000 square feet currently vacant and available for lease. The existing structure is classified as Class D and was constructed in 1942. The site's strategic location offers unparalleled access to major transportation arteries. Situated just off Highway 31, it provides convenient access to Interstates 65 and 85, ensuring seamless logistics and efficient distribution. Furthermore, its proximity to Hyundai Motor Manufacturing Alabama (eight miles away) presents a significant advantage for businesses serving this major automotive manufacturer. The property is easily able to accommodate 12-15 trailers. The lease rate is $1,500 per month. This multi-tenant property offers a compelling opportunity for businesses seeking ample space and strategic location in a thriving industrial area of Montgomery County. The property is zoned for commercial and industrial use, making it suitable for a variety of businesses. The available space is ideal for truck and trailer parking, storage, or light industrial operations. This is a rare opportunity to secure a well-located industrial property with excellent access to major transportation routes and a significant manufacturing hub.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1942
Construction WOOD
Total area 45,648 SF
Lot 3.15 ac (137,375 SF)
Zoning code M-3
APN 11-05-21-4-001-003.000
UPID US03-0939611
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
$995k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$985k
Owner & transaction history
Otra Vez Parker LLC · 3 yrs held
Otra Vez Parker LLC
since 2023
Last sale
$1.0M
6 recorded transactions
2023
$1.0M
2010
$500
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M-3 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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