2 Jackson StMontgomery, AL 36104

Property Details for 2 Jackson St

Year built

1992

Lot size

0.49 AC

Property size (Sq ft)

61,600 SF

Zone code

T5

Property type

Office buildings

APN

10-03-07-4-011-011.000

APU

1003074011011000

Description

The Business Center of Alabama, located at 2 N Jackson St, Montgomery, AL 36104, presents a fantastic opportunity for businesses seeking office space in a vibrant location. This two-story office building boasts a total of 46,429 square feet, offering flexible lease options for multiple tenants. The minimum leasable space is 1,714 square feet, making it suitable for a range of business sizes. Situated on a 0.52-acre lot, the building is zoned T-5 Smart Code, ensuring compliance with Montgomery County's development regulations. The property's central location in Montgomery, Alabama offers easy access to major transportation routes and amenities. This professional office space is ideal for companies seeking a well-maintained and conveniently located workspace. The building's design and layout are conducive to a productive work environment. The address is easily accessible and provides excellent visibility for businesses. This is a rare opportunity to secure office space in a highly desirable area of Montgomery. The building's size and zoning allow for a variety of potential uses, making it a versatile option for businesses with diverse needs. Interested parties are encouraged to inquire about available space and lease terms. The property is located in Montgomery County.

• CAP approach

  CAP return

  Valuation

  6%

  $9,044,110

  6.5%

  $8,348,410

  7%

  $7,752,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,015,700

  Geo Method

  $12,015,700

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $17,706,900

  Retail / Commercial

  $8,831,230

  Mixed-Use / Specialty

  $8,603,710

  Hospitality / Lodging

  $6,057,040

  Institutional / Educational

  $8,874,320

  Residential Income

  $10,383,000

  Multifamily

  $13,539,600

  Automotive / Energy

  $7,606,560

  Parking / Income-Based Land

  $2,818,610

  Restaurant / Food Service

  $4,056,480

  Healthcare / Senior Housing

  $9,023,970

Location Insight

City

Montgomery

County

Montgomery

State

Alabama

Latitude

32.3779

Longitude

-86.2961

CBSA code

33860

CBSA name

MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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