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5860 Old Montgomery Highway

TUSCALOOSA, AL 35405
  • $1,720,000
  • STATUS: Active
  • ON SITE: 28 days
  • MLS #: 144853
UPDATED: 14 min ago
$1,720,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,800
    SQFT
  • $159
    $/SQFT
Type:
Commercial
Built:
1940
County:

School Ratings & Info

Description

Investment property with 7200 square foot building, and 1000 square foot upstairs unfinished. Total acreage is 13 plus acres, however there is option to purchase the building and 6.35 acres for 1.1 million, or you can purchase the undeveloped land next door which is approximately 7.2 acres for 620,000.00.The property has 3 phase power and security lighting, and the building is fully renovated with new roof, 6 overhead doors with 16' eave height. It offers 1000 square foot of office space with 3 restrooms. It fronts a major 4 line highway and is approximately 2 miles from I-59/20. Investment CAP rate is 9%.

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© 2021 West Alabama Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Alice Maxwell Team - Keller Williams Tuscaloosa. Data last updated: 2021-08-04T07:50:19.98.

www.alicemaxwell.com/homes/119028318
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5860 Old Montgomery Highway TUSCALOOSA, AL 35405

  • Price: $1,720,000
  • Status: Active
  • Updated: 14 min ago
  • MLS #: 144853
0
Beds
0
Baths
0
½ Baths
N/A
Acres
10,800
SQFT
$159
$/SQFT
1940
Built
Neighborhood:
(05) South East Tuscaloosa City
County:
Tuscaloosa
Area:
(05) South East Tuscaloosa City
Property Description
Investment property with 7200 square foot building, and 1000 square foot upstairs unfinished. Total acreage is 13 plus acres, however there is option to purchase the building and 6.35 acres for 1.1 million, or you can purchase the undeveloped land next door which is approximately 7.2 acres for 620,000.00.The property has 3 phase power and security lighting, and the building is fully renovated with new roof, 6 overhead doors with 16' eave height. It offers 1000 square foot of office space with 3 restrooms. It fronts a major 4 line highway and is approximately 2 miles from I-59/20. Investment CAP rate is 9%.
Property Features

Lease Considered No Property Sub Type Mixed Use

Listing provided courtesy of Richard Harwood of Carrie Fitts Real Estate Llc.
© 2021 West Alabama Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Alice Maxwell Team - Keller Williams Tuscaloosa. Data last updated: 2021-08-04T07:50:19.98.

 
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The Alice Maxwell Team - Keller Williams Tuscaloosa
1490 Northbank Parkway, Suite 180
Tuscaloosa AL, 35406