Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    800 Mcdonough St Montgomery, AL 36104-5011
    Back to Search
    Property profile & analytics

    800 Mcdonough St, Montgomery, AL 36104-5011

    View on Map
    • Office buildings
    • 10,332 SF
    • 0.40 lot acres
    Off-Market
    Last Sale Jun 17, 2024
    $493,300
    Property ID
    US03-0554956
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • William D Azar Attorney, P.C. / Law Firm
    • Zgouvas Eiring & Associates / Construction Company
    • Cooper & Cooper, Paul R. Beau Cooper / Law Firm
    • Mc Lemore & Mc Lemore LLC / Construction Company / General Contractor

    Property Details for 800 Mcdonough St

    Year built
    1974
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.40 lot acres
    Zone code
    M-1
    Property type
    Office buildings
    APN
    10-04-18-3-003-001.000
    APU
    1004183003001000

    Description

    This exceptional two-story, 10,332-square-foot office building is ideally situated in downtown Montgomery, Alabama. Classified as a Class B property, it features a multi-tenant configuration with over 20 private offices, providing ample space for various business needs. Built in 1974, the building sits on a 0.399-acre lot and is zoned M1. The asking price is $499,000, translating to $48.30 per square foot. The property boasts convenient on-site parking for both employees and clients. Its prime location offers easy access to key attractions and infrastructure, including the Alabama State Capital, Montgomery Biscuits Stadium, the Equal Justice Initiative (EJI), and the Montgomery Performing Arts Center/Renaissance Hotel. Furthermore, it enjoys proximity to major transportation arteries, being approximately 0.4 miles from I-85, 1.1 miles from I-65, and within a reasonable distance of Montgomery Whitewater and Maxwell Air Force Base. This presents a unique investment opportunity in a thriving urban center. The property is offered as a Net Net Net (NNN) lease.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.3049
    Latitude
    32.3663
    CBSA code
    33860
    CBSA name
    MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,614
    $6,960
    $85,160
    $92,120
    -
    $34,800
    $425,800
    $460,600

    Comparable in this City

    • Value Estimation by Request
      0.32 Acres

      828 Washington Ave

      OFFICE BUILDING
      828 Washington Ave, Montgomery, AL 36104-3839
      View Details
    • Value Estimation by Request
      0.74 Acres

      30 Fred D Gray Ave

      OFFICE BUILDING
      30 Fred D Gray Ave, Montgomery, AL 36104
      View Details
    • Value Estimation by Request
      0.17 Acres

      Columbus St

      OFFICE BUILDING
      Columbus St, Montgomery, AL 36104
      View Details
    • Value Estimation by Request
      3,552 SF

      1124 Adams Ave

      OFFICE BUILDING
      1124 Adams Ave, Montgomery, AL 36104-4502
      View Details
    • Value Estimation by Request
      1,730 SF

      424 Decatur St

      OFFICE BUILDING
      424 Decatur St, Montgomery, AL 36104-4320
      View Details
    • Value Estimation
      $5,260,000
      58,930 SF

      261 Dexter Ave

      OFFICE BUILDING
      261 Dexter Ave, Montgomery, AL 36104
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      113,460 SF

      Class A Office/Warehouse Opportunity

      Two-story office building with warehouse near I-65 and I-85.
      425 Molton St, Montgomery, AL 36104
      View Details
    • $110,000
      2,527 SF

      Historic Office Building Near Capitol

      Historic office building near the Capitol complex and Board of Education.
      429 S Decatur St, Montgomery, AL 36104
      View Details
    • $198,700
      1.38 Acres

      Commercial Building in Montgomery, AL

      Commercial building with high visibility and easy interstate access.
      33 East South St, Montgomery, AL 36104
      View Details
    • Contact for pricing
      2,527 SF

      Historic Office Building For Sale

      Office building near capitol complex and Montgomery County Board of Education.
      429 S Decatur St, Montgomery, AL 36104
      View Details
    • Contact for pricing
      11,793 SF

      Downtown Montgomery Flex Warehouse

      Flex warehouse on a 0.5-acre corner lot for sale.
      401 Randolph St, Montgomery, AL 36104
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      122,101 SF

      Class-A Office Building, Montgomery AL

      Prime Montgomery Office & Warehouse Space
      425 Molton St, Montgomery, AL 36104
      View Details
    • Contact for pricing

      Downtown Montgomery Renovated Office Building

      Renovated office building in downtown Montgomery with on-site parking.
      418 Scott St, Montgomery, AL 36104
      View Details
    • Contact for pricing

      Class A Office Space Available

      Eight-story Class A office building constructed in 1986.
      1 Commerce St, Montgomery, AL 36104
      View Details
    • $2,400 /Mo
      2,439 SF

      Downtown Montgomery Commercial Space Available

      Prime downtown location suitable for retail, office, or restaurant.
      16 S Perry St, Montgomery, AL 36104
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available, 900 SqFt at 418 Scott St.
      418 Scott St, Montgomery, AL 36104
      View Details
    • Contact for pricing

      Prime Location Office Space

      Office space near popular spots with easy access.
      250 Commerce St, Montgomery, AL 36104
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    800 Mcdonough St
    Montgomery, AL 36104-5011
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    800 Mcdonough St, Montgomery, AL, 36104
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!