565 Pike RdPike Road, AL 36064

Property Details for 565 Pike Rd

Year built

1960

Lot size

8.37 AC

Property size (Sq ft)

6,464 SF

Property type

Retail properties

APN

08-04-19-2-001-003.000

APU

804192001003000

Description

This exceptional Pike Road, AL property offers 31,000 square feet of combined office and warehouse space, currently housing two tenants occupying approximately 24,400 square feet. A significant 6,600 square feet of office space is readily available for lease. Situated on a spacious 9-acre lot featuring mature trees and a fenced yard, this Class C multi-tenant property presents a compelling investment opportunity. Built in 1960 and zoned B-2, the property boasts convenient access to major transportation arteries, including Interstate 85 and Highway 231. The entire 31,000-square-foot property and land are available for purchase at $2,000,000. Alternatively, the 9-acre lot can be purchased separately for $500,000, presenting an ideal site for future mini-warehouse development. This property is located at 565 Pike Road, 36064, in Montgomery County, Alabama. Detailed financial information is available upon request. This prime location in one of Alabama's fastest-growing towns makes this a truly unique investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $1,208,608

  6.5%

  $1,115,638

  7%

  $1,035,949

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,177,387

  Geo Method

  $3,177,387

• Alternative Use

  Use

  Valuation

  Residential

  $941,082

  Hospitality

  $862,026

  Educational

  $717,196

  Medical

  $741,861

  Retail

  $1,115,638

Location Insight

City

Pike Road

County

Montgomery

State

Alabama

Latitude

32.3601

Longitude

-86.0947

CBSA code

33860

CBSA name

MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].