25 Court StMontgomery, AL 36104

Property Details for 25 Court St

Year built

1890

Lot size

0.06 AC

Property size (Sq ft)

4,655 SF

Zone code

T5

Property type

Office buildings

APN

10-03-07-3-303-042.000

APU

1003073303042000

Description

This charming, two-story office building, constructed in 1890, offers 4,326 square feet of traditional office space in Montgomery County's Central Business District. The property boasts five suites, with a minimum divisible space of 126 square feet and currently 812 square feet vacant. Located on South Court Street, this building enjoys a prime location near the Federal and Montgomery County Courthouses, the Convention Center, MPAC, Riverfront Park, and numerous hotels, restaurants, and retail establishments. The building features a 1.25 FAR and sits on 0.17 acres of land. An elevator is available for convenient access to both floors. The T-5 Smart Code zoning allows for a variety of uses. A significant advantage is the inclusion of a separate parcel providing 18 dedicated parking spaces, available 24/7. This location offers exceptional walkability to key attractions and benefits from a high concentration of employees within a one-mile radius – 35,826 to be exact. Ideal for a small law firm or similar business seeking a prestigious address and convenient access to the city's amenities. The building's historical character combined with its modern conveniences makes it a unique opportunity in the heart of downtown Montgomery.

• CAP approach

  CAP return

  Valuation

  6%

  $615,051

  6.5%

  $567,739

  7%

  $527,186

• Comparable approach

  Method

  Valuation

  Relative Method

  $789,779

  Geo Method

  $908,004

• Alternative Use

  Use

  Valuation

  Residential

  $703,997

  Hospitality

  $644,857

  Educational

  $536,514

  Medical

  $554,965

  Retail

  $834,577

Location Insight

City

Montgomery

County

Montgomery

State

Alabama

Latitude

32.3767

Longitude

-86.3087

CBSA code

33860

CBSA name

MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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