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Property profile & analytics
OFF-MARKET
Office buildings

931 Memorial Dr Prattville, AL 36067-5715

1,748 SF 0.19 ac lot Built 1955
Individually Owned 18-yr Hold Free & Clear
Property ID
US03-2999822
Property summary
AI-generated overview

This exceptional 1,748 square foot executive office suite is ideally situated at 931 South Memorial Drive in Prattville, Alabama. The property, built in 1955, is classified as a Class B building and offers a single-tenant occupancy opportunity. The entire 1,748 square feet is currently vacant, presenting a unique chance for immediate occupancy. Located in Autauga County, the property sits on a 0.19-acre lot, providing ample space and potential for future development or expansion. The building's office space is well-suited for a variety of professional uses, offering a functional and efficient layout. Its convenient Prattville location provides easy access to local amenities and major transportation routes. This is a prime opportunity for a business seeking a move-in ready, single-tenant office space in a desirable Alabama location. The property's size and location make it an attractive option for businesses of various sizes. The single-tenant occupancy eliminates the complexities of managing multiple tenants, offering a streamlined and efficient workspace. The 1955 construction date provides a solid foundation, while the Class B classification reflects a well-maintained and functional building. This property presents a compelling investment opportunity for businesses seeking a comfortable and productive workspace in Prattville, Alabama. The 0.19-acre lot offers potential for future expansion or outdoor amenities. The address is 931 S Memorial Dr, Prattville, AL 36067.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,748 SF
Lot 0.19 ac (8,276 SF)
APN 19-05-15-2-013-005.000
UPID US03-2999822
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
David R Russell · 18 yrs held
David R Russell
since 2008
1 recorded transaction
2008
$100
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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