5600 Calmar Dr Montgomery, AL 36116-1704
This exceptional investment opportunity presents a 18,702 square foot, single-story office/warehouse building situated on a 1.86-acre lot in Montgomery, Alabama. Built in 1973, the property boasts a flexible floor plan ideal for various uses, enhanced by ten roll-up doors and a fenced yard. The B-3 zoning allows for diverse commercial applications. Ample parking is available, and the location is highly advantageous, situated off Eastern Boulevard and approximately 3.3 miles from I-85, ensuring easy access to major transportation routes. The asking price is $379,000, translating to $20.27 per square foot. This property offers a compelling combination of size, location, and versatility, making it an attractive prospect for owner-users or investors seeking a strong return in a thriving business area of Montgomery. The building's features include a spacious and adaptable layout, making it suitable for a range of commercial enterprises. The fenced yard provides added security and potential for outdoor storage or operations. The convenient access to I-85 and Eastern Boulevard ensures excellent connectivity for employees and clients. This Class C building represents a solid investment opportunity in a dynamic commercial market.
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Arrow Rents Party Supply Store Rental Equipment Company
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
B-3 · 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.