3815 Interstate Ct Montgomery, AL 36109

This four-story, 51,080-square-foot office building in Montgomery, Alabama, presents a compelling value-add opportunity. Located on Interstate Court, it offers convenient access to I-85 and other major highways, ensuring easy citywide access. Built in 1974 and renovated in 2015, the property boasts a 2.08-acre lot and features a functional floor plan suitable for single or multi-tenant occupancy. The building includes multiple access points, a central elevator and restroom corridor, and an open lobby. Interior spaces comprise conference rooms, perimeter offices, and expansive open areas with abundant natural light. Recent improvements, totaling approximately $200,000, encompass a new TPO roof, upgraded carpeting, and elevator modernization. Currently vacant, this property offers a pro-forma NOI of $490,361 and a pro-forma cap rate of 16.62%, with an asking price of $2,650,000. Its prominent location near shopping, dining, hotels, and services enhances its appeal. The efficient layout and high-quality finishes make it an ideal investment for owner-users or developers seeking a redevelopment project.