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32806438
32806439

3300 LOWER WETUMPKA RD, MONTGOMERY, AL 36110-1727

JR
AL AL 145018, GA 433557
Norluxe
Listed by Norluxe
$179,900
19 days on market
Updated 9 days ago

3300 LOWER WETUMPKA RD MONTGOMERY AL 36110-1727

Details
APN 04 09 29 3 008 004.000
Property Type Retail, Mixed Use
Net Rentable (SqFt) 3,700
Units 20
Cap Rate 1.08%
NOI $1,950
Occupancy 100%
Tenancy Multi
Lease Type Net
Class D
Year Built 1953
Year Renovated 2023
Buildings 2
Stories 1
Lot Size (SqFt) 15,259
Zoning B-2
Parking Spaces 20 spaces
Investment Type Stabilized
Ground Lease No
Sale Condition N/A

100% Leased | Generating $1950/mo | Pro Forma $2400+/mo

Marketing description

Located in a high-visibility corridor with strong frontage on both Lower Wetumpka Road and Rotary Street; this asset updated in 2023 presents a rare opportunity to acquire a versatile, income-producing commercial property with multiple revenue streams and future upside. Zoned B-2 and situated on approximately 15,514± SF, this property offers flexibility for investors, owner-users, or entrepreneurs seeking a strategic location with built-in cash flow. The property currently operates as a used car lot and features approximately 1,000± SF of office/shop space along with a secured fenced lot. The commercial portion of the property is leased to an existing tenant for $1,000 per month, providing immediate income from day one. Positioned at the rear of the property is a spacious 2,700± SF residential home complete with two garages, currently leased for $950 per month. Combined, the property generates $1,950 in monthly rental income, creating an attractive opportunity for investors seeking stable returns with long-term potential. With approximately 101 feet of frontage on Lower Wetumpka Road and 152 feet on Rotary Street, the property offers excellent visibility, accessibility, and exposure in a steadily developing area. Investors also have the flexibility to maintain the current setup, reposition the property for higher returns, or explore the potential to subdivide and maximize value. Whether you are looking to expand your portfolio, establish your business presence, or secure a mixed-use investment with existing income in place, 3300 Lower Wetumpka Rd delivers exceptional versatility and opportunity.

Investment highlights

Property is generating $1950/mo

Commercial structure leased at $950/mo

Residential portion leased at $1000/mo

Montgomery Housing will pay up to $1470

Parcel can be subdivided providing a flexible exit strategy

Both buildings received major updates in 2023

Less than 5 Miles from Gunter Annex & Maxwell AFB

Less than 5 Miles from Downtown Montgomery

Listing Contacts

JR
AL AL 145018, GA 433557
Norluxe
Listed by Norluxe

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,950.00
$162.50/mo

Valuation Metrics

0
DSCR
1.08%
Cap Rate
1.08%
ROI

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Additional Information

Name
Jaquon Robinson
License
AL 145018
Brokerage
Norluxe Realty Montgomery
Brokerage Phone
3342492221
Brokerage Address
7051 Fain Park Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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