2005 Country Club DrMontgomery, AL 36106

Property Details for 2005 Country Club Dr

Year built

1970

Lot size

0.92 AC

Property size (Sq ft)

23,406 SF

Zone code

INST

Property type

Office properties

Property subtype

Office buildings

APN

10-04-17-4-033-001.000

APU

1004174033001000

Description

Exceptional investment opportunity: a 34,990 square foot, mixed-use campus in Montgomery, Alabama, situated on a 0.53-acre lot. This former private school, built in 1875, features three buildings across two stories and is zoned Institutional (INST). The property includes approximately 22 fully furnished classrooms, though furniture removal is possible upon request. Floor types vary, including concrete, hardwood, tile, and terrazzo. The property boasts a quiet cul-de-sac location and is conveniently located less than a mile from Jackson Hospital. Its proximity to The Montgomery Country Club and Alabama State University (ASU) presents significant potential for various uses. ASU, with its substantial student and employee population, is approximately 1.3 miles away, while the prestigious Montgomery Country Club is about 0.5 miles distant. Interstate 65 is also within 1.5 miles, ensuring excellent accessibility. The asking price is $1,241,100, translating to $35.47 per square foot. This unique property offers a blend of history and potential, ideal for a variety of institutional or commercial ventures. The property's versatile layout and prime location make it an attractive investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,032,288

  6.5%

  $2,799,035

  7%

  $2,599,104

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,565,574

  Geo Method

  $4,565,574

• Alternative Use

  Use

  Valuation

  Residential

  $3,470,804

  Hospitality

  $3,179,238

  Educational

  $2,645,088

  Medical

  $2,736,057

  Retail

  $4,114,582

Location Insight

City

Montgomery

County

Montgomery

State

Alabama

Latitude

32.3598

Longitude

-86.2785

CBSA code

33860

CBSA name

MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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