880 Plantation Way Montgomery, AL 36117-2217
Property Lookup
Property profile & analytics
880 Plantation Way Montgomery, AL 36117-2217
- Warehouses
- 6,465 SF
- 0.77 lot acres
Property ID
US03-0047155
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.
Location Intelligence
Current Use by Public Records
- Wholesale Controls International Inc / Building Supply / Hardware & Home Improvement
Property Details for 880 Plantation Way
- Year built
- 1986
- Lot size
- 0.77 lot acres
- Property size
- 6,465 SF
- Zone code
- M-1
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 10-01-01-1-001-034.001
- APU
- 1001011001034001
Description
Exceptional investment opportunity in Montgomery, Alabama. This 6,300 square foot industrial property, zoned M-1 for light industrial use, sits on a 0.75-acre lot at 880 Plantation Way, 36117. The property boasts dock-high and drive-in loading capabilities, a fenced yard, and ample parking. Its strategic location offers easy access to major thoroughfares, including proximity to the Eastern Bypass, approximately 0.2 miles from N Eastern Blvd/Hwy 231, approximately 1.6 miles from Atlanta Highway, and approximately 2.8 miles from I-85. A significant advantage is the presence of a long-term tenant—the largest independent provider of smart building solutions in the USA, with a global presence spanning 39 offices. The property generates a strong net operating income (NOI) of $47,230, resulting in an attractive 8.60% capitalization rate. The asking price is $550,000. This property presents a compelling investment opportunity due to its strong tenant, excellent location, and high cap rate. The building's functionality and convenient access to major transportation routes make it an ideal asset for long-term income generation and potential appreciation.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.2082
- Latitude
- 32.4001
- 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
2024
$3,170
$19,860
$44,860
$64,720
-
$99,300
$224,300
$323,600
