621 N. Decatur Street, Montgomery, AL 36104 | 620 N McDonough St
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621 N. Decatur Street, Montgomery, AL 36104 620 N McDonough St
86,930 SF Industrial Building Montgomery, AL 36104 $2,350,000 ($27/SF)
Investment Highlights
- Great Warehouse Building
- 1 acre fenced lay down yard
- Listing price much lower than replacement cost
Executive Summary
Warehouse distribution facility in Montgomery CBD. 5,816 SF office and several drive in doors and dock height doors. There is a one acre fenced lay down yard. The property has frontage on 4 streets and encompasses an entire block. Present uses is lawn and garden supply.
Available first part of 2025.
Available first part of 2025.
Financial Summary (Pro forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$260,790
|
$3.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$260,790
|
$3.00
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $260,790 |
| Annual Per SF | $3.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $260,790 |
| Annual Per SF | $3.00 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Fenced Lot
- Raised Floor
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- BFG Supply
- Wholesaler
- -
- -
- Mar 2025
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| BFG Supply | Wholesaler | - | - | Mar 2025 |
PROPERTY TAXES
| Parcel Number | 10-03-07-2-014-001.000 | Improvements Assessment | $209,140 (2024) |
| Land Assessment | $25,260 (2024) | Total Assessment | $234,400 (2024) |
PROPERTY TAXES
Parcel Number
10-03-07-2-014-001.000
Land Assessment
$25,260 (2024)
Improvements Assessment
$209,140 (2024)
Total Assessment
$234,400 (2024)
zoning
| Zoning Code | M-1 (Light Industrial) |
| M-1 (Light Industrial) |
-
John Hall -
John Hall & Company
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621 N. Decatur Street, Montgomery, AL 36104 | 620 N McDonough St
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