Office Space
807 South McDonough Street Montgomery, AL 36104
Details & Description
Price: $699,000
    For SaleHighlightsExcellent Investment Office Building with Value AddIncome Producing with CAP Rate 10.5% (ProForma)Located in the CBD of MontgomeryMain Bldg. (Reception Area, Conference Room, Offices, and Open Work Area)Main Bldg. 11,146±SF, Annex 3,820±SF, Storage 896±SFAvailable Space for Owner/Tenant 3,437± SF of Main BuildingOn-Site parking for employees & customers0.3± Miles from I-853.0± Miles from I-653.5± Miles from Maxwell Air Force Base: Serving 25,000 Active Duty, Guard, Reserves, Contractors & Retirees. The Air Force University is Attended by 20,000 Annually.
    Listing Agents
    Gene Cody

    O: 334-386-2441
    M: 334-657-7257
    gcody@mcrmpm.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    807 South McDonough Street

    Montgomery, AL 36104

    Listing ID: 205318
    807 South McDonough Street Montgomery, AL 36104 | for Sale | Photo 1
    Building Size: 16,026 SF
    Lot Size: 1.130 AC
    Land Size: 49,222 SF
    Building $/SF: $43.62
    Land $/SF: $14.20
    Price
    $699,000
    Description

    For Sale

    Highlights

    Excellent Investment Office Building with Value Add

    Income Producing with CAP Rate 10.5% (ProForma)

    Located in the CBD of Montgomery

    Main Bldg. (Reception Area, Conference Room, Offices, and Open Work Area)

    Main Bldg. 11,146±SF, Annex 3,820±SF, Storage 896±SF

    Available Space for Owner/Tenant 3,437± SF of Main Building

    On-Site parking for employees & customers

    0.3± Miles from I-85

    3.0± Miles from I-65

    3.5± Miles from Maxwell Air Force Base: Serving 25,000 Active Duty, Guard, Reserves, Contractors & Retirees. The Air Force University is Attended by 20,000 Annually.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Montgomery History of Office Space for Sale

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    Montgomery Area Market Trends

    Listing Demographics for 807 South McDonough Street Montgomery, AL 36104

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population8,23354,506111,099
    Population Median Age363838
    Population by Age0-9 Yrs883 (10%)6786 (12%)14318 (12%)
    10-19 Yrs1566 (19%)7699 (14%)14729 (13%)
    20-29 Yrs1543 (18%)8223 (15%)16338 (14%)
    30-39 Yrs1033 (12%)6976 (12%)14220 (12%)
    40-49 Yrs747 (9%)6096 (11%)12776 (11%)
    50-59 Yrs894 (10%)6805 (12%)13891 (12%)
    60-69 Yrs902 (10%)6303 (11%)13011 (11%)
    70+ Yrs665 (8%)5618 (10%)11817 (10%)
    Median HH Income$30,101$34,951$40,520
    Total Household Income< 24K1261 (45%)7929 (37%)14092 (32%)
    25-49K574 (20%)5503 (26%)11787 (27%)
    50-74K400 (14%)3023 (14%)7173 (16%)
    75-99K92 (3%)1434 (6%)3873 (8%)
    100-199K312 (11%)2183 (10%)4977 (11%)
    200K+153 (5%)885 (4%)1441 (3%)
    Highest Education LevelNo Diploma1132745713050
    Diploma or GED1323999120464
    Some College910696915944
    Assoc. Degree20218404449
    Bachelors Degree691547111489
    Higher Degree68639088226
    Total Housing Units3,77626,87652,949
    --Owner-Occupied96410,58923,578
    --Renter-Occupied1,82810,36819,765
    Owner-Occupied Values< 100K472618312191
    100-199K24124577885
    200-299K1358411712
    300-399K59466827
    400-499K16214416
    500K+41427547
    Total Working Age Population6,93043,70888,420
    In Work Force3,26724,14750,209
    Not In Work Force3,66319,56138,211
    Workforce Employed2,88321,39044,828
    Workforce Unemployed3242,1294,042
    Civlian Workforce3,20623,51948,871
    Military Workforce616281,339
    Total Households2,79220,95743,343
    Family Households1,28011,62625,259
    Non-Family Households1,5129,33118,084
    Married Couple5605,52712,755
    Other Family7206,09912,504
    Married w/Child1331,9314,126
    Single Male w/Child865301,161
    Single Female w/Child3072,5255,147

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Alabama4,447,100+74,779,736+34,940,253+45,124,380
    Elmore County65,874+2079,303+683,991+689,231
    Montgomery County223,510+3229,363-1226,832+1228,160

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 807 South McDonough Street in Montgomery?
    The asking price for 807 South McDonough Street is $699,000
    What is the building size of this Office property in Montgomery, AL?
    The size of the building/unit at 807 South McDonough Street in Montgomery is 16,026 square feet
    How much land does the Montgomery, AL property at 807 South McDonough Street include?
    807 South McDonough Street in Montgomery includes 1.130 acres of land
    What kind of Office is the propery at 807 South McDonough Street?
    The property at 807 South McDonough Street Montgomery, AL 36104 is listed as a Professional Office property
    What is the population within 1 mile of 807 South McDonough Street in Montgomery?
    The population within 1 mile of 807 South McDonough Street Montgomery, AL 36104 is 8,233 people.
    Who do I contact for questions about 807 South McDonough Street?
    You should contact the listing agent, Gene Cody, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Montgomery Regional (Dannelly Field) Airport (MGM) 7
    Birmingham-Shuttlesworth International Airport (BHM) 87
    Destin-Ft Walton Beach Airport (VPS) 131