Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Party Supply Store Rental Equipment Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
s is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Montgomery, ALs is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
s is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-3 in Montgomery, AL.
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