4444 Park BlvdMontgomery, AL 36116

Property Details for 4444 Park Blvd

Year built

1990

Lot size

1.85 AC

Property size (Sq ft)

15,717 SF

Zone code

B-3

Property type

Office buildings

APN

10-07-26-3-001-012.003

APU

1007263001012003

Description

This exceptional Class A office building, located at 4444 Park Blvd in Montgomery, Alabama, presents a unique owner-user investment opportunity. The property boasts 23,000 square feet of meticulously maintained space, situated on a generous 1.85-acre lot. Built in 1988 and extensively renovated in 2006, the two-story building features a flexible layout ideal for a variety of business needs. High-end finishes grace the executive office suites, creating a sophisticated and productive work environment. Adding significant value is a 3,846 square foot warehouse complete with a loading dock, perfect for storage or distribution. The property benefits from an on-site emergency generator, ensuring business continuity. The fully landscaped grounds enhance the professional image and create a welcoming atmosphere. Zoned B3, this property offers a prime location in Montgomery County, easily accessible from Eastern Boulevard. The asking price is $1,350,000, translating to $58.70 per square foot. This is a rare opportunity to acquire a substantial, well-maintained commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,036,042

  6.5%

  $1,879,424

  7%

  $1,745,179

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,065,758

  Geo Method

  $3,065,758

• Alternative Use

  Use

  Valuation

  Residential

  $2,330,486

  Hospitality

  $2,134,712

  Educational

  $1,776,056

  Medical

  $1,837,137

  Retail

  $2,762,753

Location Insight

City

Montgomery

County

Montgomery

State

Alabama

Latitude

32.3343

Longitude

-86.2318

CBSA code

33860

CBSA name

MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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