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243 Catoma St
Montgomery, AL 36104
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Opportunity Zone!
- 40,000 SF of Warehouse Space with 2 Truck Docks & 2 Drive-In Doors
- Renovated in 2019 with new roof and windows
- Investment Warehouse/Flex space located in CBD
- 68,000 SF industrial building with 5 units
- Advanced Auto Parts is current long term tenant
EXECUTIVE SUMMARY
Opportunity Zone!
Investment Warehouse/Flex space located in CBD
40,000 SF of Warehouse Space with 2 Truck Docks & 2 Drive-In Doors
68,000 SF industrial building with 5 units
Renovated in 2019 with new roof and windows
Zoned T-2 Smart Code in Montgomery CBD area
Advanced Auto Parts is current long term tenant
Abundant natural light and excellent parking
Equipped with a sprinkler system for added safety
Frontage on three streets: 243 Catoma St., 523 Bibb St. & 134 Wilkinson St.
Proximity to I-85/I-65 interchange (1.1± miles)
Investment Warehouse/Flex space located in CBD
40,000 SF of Warehouse Space with 2 Truck Docks & 2 Drive-In Doors
68,000 SF industrial building with 5 units
Renovated in 2019 with new roof and windows
Zoned T-2 Smart Code in Montgomery CBD area
Advanced Auto Parts is current long term tenant
Abundant natural light and excellent parking
Equipped with a sprinkler system for added safety
Frontage on three streets: 243 Catoma St., 523 Bibb St. & 134 Wilkinson St.
Proximity to I-85/I-65 interchange (1.1± miles)
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 7.41% | Year Built/Renovated | 1928/2019 |
| Property Type | Industrial | Parking Ratio | 0.75/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 1.33 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 68,000 SF | Opportunity Zone |
Yes
|
| Zoning | T-2 - Smart Code | ||
| Sale Type | Investment |
| Cap Rate | 7.41% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.33 AC |
| Rentable Building Area | 68,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1928/2019 |
| Parking Ratio | 0.75/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | T-2 - Smart Code |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $180,273 CAD | |
| Land Assessment | $130,442 CAD | Total Assessment | $310,714 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$130,442 CAD
Improvements Assessment
$180,273 CAD
Total Assessment
$310,714 CAD
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