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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27448110
28956892

243 Catoma St, Montgomery, AL 36104

GC
AL 000084543
Moore Company Realty
Listed by Moore Company Realty
$2,750,000
2230 days on market
Updated 0 days ago
Opportunity zone

243 Catoma St

Details
Property Type Industrial, Mixed Use (+3)
Sub Type Creative Office, Flex (+1)
Square Footage 68,000
Units 4
Cap Rate 7.41%
NOI $203,792
Occupancy 95%
Tenancy Multi
Brand/Tenant Advanced Auto Parts, D-Riven Engineer (+1)
Lease Type Gross
Price per SqFt $40
Broker Co-Op Yes
Class B
Year Built 1928
Year Renovated 2019
Stories 2
Acreage 6.890
Zoning T-2 Smart Code
Investment Type Value Add
Occupancy Date 05/07/2025
Loading Docks 7
Dock High Doors 2

WAREHOUSE/FLEX/RETAIL! LOCATED IN OPPORTUNITY ZONE! Downtown Re-Development Area!

Marketing description

Introducing a prime investment opportunity in 243 CATOMA ST, MONTGOMERY, AL 36104! This property presents a value-add prospect with excellent net investment potential. The strategic location offers promising returns for astute investors looking to enhance the property's value. Located in a sought-after area, this asset is ideal for those seeking to capitalize on the thriving market in Montgomery. The property's potential for growth and income generation makes it a standout opportunity in the commercial real estate sector. With 243 CATOMA ST, MONTGOMERY, AL 36104, you have a chance to add value and secure a strong net investment. Don't miss out on this lucrative deal that promises a bright financial future! For more detailed information and to explore this exceptional investment opportunity further, conduct your due diligence and reach out for a comprehensive understanding of the property's potential. Make your mark in Montgomery's real estate market with 243 CATOMA ST!

Investment highlights

  • Opportunity Zone!

  • Investment Warehouse/flex Space Located in Cbd

  • 40,000 SF of Warehouse Space with 2 Truck Docks AND 2 Drive-Ins

  • Current Tenant - Advanced Auto Parts

  • New Roof and Windows With Abundant Light!

  • Excellent Parking

  • The Location Also Has a Sprinkler System.

  • New Roof and Windows Installed September 2019

  • Adjacent Land Available - Contact Agent

  • Frontage on Three (3) Streets: 243 Catoma St., 523 Bibb St. & 134 Wilkinson St.,

Listing Contacts

GC
AL 000084543
Moore Company Realty
Listed by Moore Company Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$203,792.00
$16,982.67/mo

Valuation Metrics

0
DSCR
7.41%
Cap Rate
7.41%
ROI

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