See Home Value
Montgomery 36117
3441 MALCOLM DRIVE
$3,939,085*
Commercial - Off Market

3441 MALCOLM DRIVE

MONTGOMERY, AL 36116
bedrooms
Studio
bathrooms
0 Bath
$3,150,000 - $3,850,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Excellent Class A Retail property for sale.  Occupancy rate is 90%, with multiple tenants.  Cap Rate is 8.05%, and the parking ratio is 6.36 / 1,000 Sq. Ft.  Rental rates increase annually at a rate of 5%.  Great investment opportunity.
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
2007

Price History

Date / Event Date Event Price
Oct 17, 2021 No longer available -
No longer available
Oct 24, 2020 Price Decreased $3,500,000
↓ $500K (12.5%)
Price Decreased
Feb 8, 2019 Listed $4,000,000
Listed

Property Highlights

Parking Available


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190208
02/08/2019
Loft
-
-
$4,000,000
bedrooms
Loft
bathrooms
-
-
-
-
Casey Thomas
Keller Williams Realty Vestavia

Building Info

3441 Malcolm Drive 3441 Malcolm Drive, Montgomery, AL 36116
More about this Building
3441 Malcolm Drive
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