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2530 E South Blvd
Montgomery, AL 36116
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- prime investment opportunity
- Conveniently located near I-65
- Newer Roof (3 Years Old)
- 17,400 square feet of space
- New HVAC installed 2 years ago
EXECUTIVE SUMMARY
This offering presents a prime investment opportunity: a well-maintained commercial building ideally situated on E SouthBlvd, providing excellent accessibility and strong fundamentals for a variety of tenants.
The subject property boasts a substantial 17,400 square feet of space, strategically positioned on a generous 2.4-acre parcel.
Conveniently located near I-65, a major interstate highway, and Baptist Medical Center, a significant regional healthcare provider.
The property is less than a mile from Highway 231 and just 4.5 miles from I-65, providing easy access to surrounding areas and facilitating efficient transportation for both tenants and customers.
Newer Roof (3 Years Old)
New HVAC installed 2 years ago
The subject property boasts a substantial 17,400 square feet of space, strategically positioned on a generous 2.4-acre parcel.
Conveniently located near I-65, a major interstate highway, and Baptist Medical Center, a significant regional healthcare provider.
The property is less than a mile from Highway 231 and just 4.5 miles from I-65, providing easy access to surrounding areas and facilitating efficient transportation for both tenants and customers.
Newer Roof (3 Years Old)
New HVAC installed 2 years ago
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
18,500 SF
Building Class
C
Year Built/Renovated
1962/1997
Price
$1,172,090 CAD
Price Per SF
$63.36 CAD
Cap Rate
10.73%
NOI
$125,765 CAD
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.10
Lot Size
4.23 AC
Opportunity Zone
Yes
Zoning
O-2 - Currently being leased by Alabama State Games, Salon/Barber Shop, Office Space, Quilt Store, and Day Care, and a restaurant.
Parking
50 Spaces (2.7 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
- Security System
- Drive Thru
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 10-08-33-1-005-012.000 | Improvements Assessment | $110,949 CAD |
| Land Assessment | $43,188 CAD | Total Assessment | $154,137 CAD |
PROPERTY TAXES
Parcel Number
10-08-33-1-005-012.000
Land Assessment
$43,188 CAD
Improvements Assessment
$110,949 CAD
Total Assessment
$154,137 CAD
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