7075 Halcyon Park DrMontgomery, AL 36117

For Lease
$20/SF/YR View listing
  • Office buildings
  • 23,118 SF

Property Details for 7075 Halcyon Park Dr

Year built
2008
Construction
WOOD
Lot size
2.08 AC
Property size (Sq ft)
23,118 SF
Zone code
B-2
Property type
Office buildings
APN
09-09-29-1-000-001.021
APU
909291000001021

Description

This exceptional Class A retail property, located at 7075 Halcyon Park Dr in Montgomery County, offers unparalleled opportunities for businesses seeking high-visibility locations. The freestanding building, constructed in 2008, boasts a total of 13,565 square feet across two stories, situated on a generous 2.1-acre lot. Currently, there are multiple spaces available, with a minimum divisible space of 1,386 square feet and a maximum contiguous space of 5,885 square feet. A significant 8,886 square feet is currently vacant, presenting a unique chance to establish a substantial presence. The property is zoned B-3, allowing for a wide range of retail uses. The building's single structure provides excellent accessibility and visibility, making it ideal for businesses seeking a strong presence in a thriving area. Its modern design and construction ensure a high-quality environment for tenants and customers alike. The ample lot size provides ample parking and potential for future expansion. This is a rare opportunity to secure prime retail space in a highly desirable location. Serious inquiries are encouraged to explore the possibilities this property offers. Contact us today to schedule a viewing and discuss your business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,994,761
    6.5%
    $2,764,395
    7%
    $2,566,938
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,509,397
    Geo Method
    $4,509,397
  • Alternative Use

    Use
    Valuation
    Residential
    $3,427,850
    Hospitality
    $3,139,892
    Educational
    $2,612,353
    Medical
    $2,702,196
    Retail
    $4,063,660
7075 Halcyon Park Dr, Montgomery, Alabama

Location Insight

City
Montgomery
County
Montgomery
State
Alabama
Latitude
32.3423
Longitude
-86.1732
CBSA code
33860
CBSA name
MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,159
$90,700
$728,480
$819,180
-
$453,500
$3,642,400
$4,095,900

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