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Property profile

818 Perry St Sts Montgomery, AL 36104

OFF-MARKET
Office buildings
Property ID
US03-0868102
9,606 SF 0.51 ac lot Built 1974
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional two-story office building, located at 818 S Perry St in Montgomery, Alabama, offers 9,565 square feet of versatile space ideal for executive offices or coworking. The property, classified as Class C and built in 1974, sits on a 0.51-acre lot within Montgomery's central business district (CBD), zoned O-1: Office District. The entire 9,565 square feet is currently vacant and available for lease. Flexible lease terms are available for spaces ranging from a minimum of 4,710 square feet up to the entire building. The building features convenient on-site parking for both employees and clients. The first floor encompasses approximately 4,855 square feet, while the second floor offers approximately 4,710 square feet. Its strategic location provides excellent visibility and is conveniently situated 1.2 miles from the I-85/I-65 interchange, offering easy access to major transportation routes. Furthermore, its proximity to Maxwell Air Force Base (3.2 miles), a significant employer with 25,000 active duty personnel, guards, reserves, contractors, and retirees, as well as the Air Force University with 20,000 annual attendees, presents a unique opportunity to tap into a substantial workforce pool. This property represents a compelling investment opportunity in a thriving downtown Montgomery location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,606 SF
Lot 0.51 ac (21,998 SF)
Zoning code O-1
APN 10-04-18-3-006-030.000
UPID US03-0868102

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency

Location

818 Perry St Sts Montgomery, AL 36104-5074
Montgomery metro Census 700 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2026
1 recorded transaction
2026
$400,000

Zoning & alternative use

O-1 · Montgomery, AL
Zoning description

42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014; Ord. No. 40-2014, § 1, 7-1-2014; Ord. No. 48-2015, § 1, 9-1-2015; Ord. No. 32-2023 , § 1, 8-1-2023) Sec. 5. - Office districts. Office Complex O-0, Office Complex…

General category CIVIC_INSTITUTIONAL

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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