2778 Gunter Park DrMontgomery, AL 36109

Property Details for 2778 Gunter Park Dr

Year built

1984

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.00 AC

Property size (Sq ft)

69,456 SF

Zone code

M-1

Property type

Warehouses

Property subtype

Self storage facilities

APN

10-01-02-1-000-002.004

APU

1001021000002004

Description

This exceptional warehouse opportunity is located within the highly sought-after Gunter Industrial Park in Montgomery, Alabama. The property boasts a total of 68,148 square feet, with 24,898 square feet currently available for lease. Built in 1988, the building features a desirable 20-foot ceiling height, providing ample vertical storage capacity. The property is zoned M-1, allowing for a variety of industrial uses. Conveniently located at 2778 Gunter Park Dr E, Montgomery, AL 36109, this location offers excellent access to major transportation arteries. It's just three and a half miles from I-85 and nine miles from I-65, ensuring efficient distribution and logistics. Ample parking is provided with 80 total spaces. This multi-tenant building presents a fantastic opportunity for businesses seeking a well-maintained, strategically located warehouse space in Montgomery County. The available space totals 24,898 square feet, offering significant potential for various industrial operations. Don't miss this chance to secure your business's future in this thriving industrial park.

• CAP approach

  CAP return

  Valuation

  6%

  $21,628,500

  6.5%

  $19,964,800

  7%

  $18,538,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,676,900

  Geo Method

  $21,676,900

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $9,957,370

  Mixed-Use / Specialty

  $9,700,850

  Hospitality / Lodging

  $6,829,450

  Office

  $9,413,010

  Institutional / Educational

  $10,006,000

  Residential Income

  $11,707,000

  Multifamily

  $15,266,000

  Automotive / Energy

  $8,576,560

  Parking / Income-Based Land

  $3,178,030

  Restaurant / Food Service

  $4,573,790

  Healthcare / Senior Housing

  $10,174,700

Location Insight

City

Montgomery

County

Montgomery

State

Alabama

Latitude

32.3996

Longitude

-86.2287

CBSA code

33860

CBSA name

MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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