Property profile

711 Kornegay Dr B Prattville, AL 36066

OFF-MARKET
Medical Office Space
Property ID
US03-1328723
7,748 SF 0.89 ac lot Built 1991
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 9,665 square foot commercial building, located at 711 Kornegay Drive in Prattville, Alabama, presents a unique investment opportunity. Situated on a 38,930 square foot lot zoned B-2 for general business, the property boasts two separate, nearly identical office suites (approximately 3,874 square feet each). An additional 1,917 square feet of finished attic space above Suite A provides versatile space for a breakroom or additional offices. The building benefits from a recently installed (2023) roof, a comprehensive Rainbird sprinkler system, a security system, and professionally maintained landscaping. Its strategic location off Cobbs Ford Road, with daily traffic counts exceeding 28,312 vehicles, ensures high visibility and accessibility. Proximity to I-65 (Exit 179, 1.3 miles away) further enhances its appeal. Currently, one suite is leased, offering immediate income potential and significant upside for future growth through leasing the vacant suite and/or expanding existing operations. The property's size and zoning allow for a variety of uses, making it particularly well-suited for medical-related businesses. This turnkey property offers a solid foundation for immediate occupancy and long-term growth. Showings are by appointment only.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1991
Construction WOOD
Total area 7,748 SF
Lot 0.89 ac (38,768 SF)
APN 26-04-18-0-001-007.004
UPID US03-1328723

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

711 Kornegay Dr, Unit B Prattville, AL 36066-7715
Prattville metro Census 31300 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$757k
Blend (final) Blend
$770k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $965,000 +56.5%
Restaurant $930,000 +50.6%
Retail stores $850,000 +37.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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