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Property profile

931 Memorial Dr Prattville, AL 36067

OFF-MARKET
Office buildings
Property ID
US03-2999822
1,748 SF 0.19 ac lot Built 1955
Individually Owned 18-yr Hold Free & Clear
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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

Location

931 Memorial Dr Prattville, AL 36067-5715
Prattville metro Census 20400 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2008
1 recorded transaction
2008
$100

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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