4401 Troy HwyMontgomery, AL 36116

Property Details for 4401 Troy Hwy

Year built

1951

Lot size

0.86 AC

Property size (Sq ft)

2,051 SF

Zone code

B-3

Property type

Office buildings

APN

15-01-02-1-001-006.001

APU

1501021001006001

Description

This exceptional 1,000 square foot office space is immediately available for lease in a well-located Montgomery, Alabama building. Situated at 4401 Troy Highway, zip code 36116, this property offers a convenient location with high visibility. The building itself boasts a total of 2,000 square feet, and this particular space is part of a multi-tenant building. The space is classified as a Class C property and was constructed in 1951. The layout includes four offices, two bathrooms, and sizable common areas. The property sits on a 0.9-acre lot, providing ample space and parking. The zoning is B-3. This location benefits from exceptional traffic counts, with 33,097 vehicles passing by daily in 2021 according to ALDOT. The property is ideal for a variety of businesses seeking a traditional office, executive suite, or co-working space. This versatile space offers a unique opportunity to establish a presence in a high-traffic area of Montgomery. Inquire today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $301,119

  6.5%

  $277,956

  7%

  $258,102

• Comparable approach

  Method

  Valuation

  Relative Method

  $400,068

  Geo Method

  $400,068

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $589,532

  Retail / Commercial

  $294,028

  Mixed-Use / Specialty

  $286,455

  Hospitality / Lodging

  $201,667

  Institutional / Educational

  $295,465

  Residential Income

  $345,694

  Multifamily

  $450,783

  Automotive / Energy

  $253,256

  Parking / Income-Based Land

  $93,842.60

  Restaurant / Food Service

  $135,060

  Healthcare / Senior Housing

  $300,446

Location Insight

City

Montgomery

County

Montgomery

State

Alabama

Latitude

32.3143

Longitude

-86.2259

CBSA code

33860

CBSA name

MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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