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Investment Highlights

  • Five contiguous floors of workspace and dynamic common areas allow for a full-building headquarters takeover in a prime Southeast US location.
  • Occupy flexible space and take advantage of customized on-site amenities like a bookstore, convenience store, and dedicated fitness center.
  • Large surface parking lot with a strong 5.2/1,000 SF parking ratio helps support employee convenience, visitor access, and growing operations.
  • Distinctive architectural façade of curved concrete and glass with wall-to-wall windows creates a striking corporate branding opportunity.
  • Dedicated receiving facilities and robust fiber optic infrastructure help streamline operations, supporting efficient logistics and communications.
  • Along a thriving Montgomery commercial corridor with convenient access to Interstate 65, abundant retail, dining, and lodging nearby.

Executive Summary

2400 Presidents Drive, formerly known as Crescent Center, comes to auction as one of Montgomery's most prominent office properties, offering 66,225 square feet of Class A office space with the scale and infrastructure to support a corporate headquarters, institutional user, government agency, healthcare organization, call center, or multi-tenant office operation.

The building's distinctive curved glass-and-concrete design creates a strong corporate presence, while extensive floor-to-ceiling windows provide abundant natural light throughout the interior. Flexible floor plates ranging from approximately 12,000 to 14,000 square feet allow future ownership to tailor the space to evolving operational requirements, whether for a single occupant or multiple users.

Operational efficiencies are already in place, including a dedicated receiving area, fiber-optic connectivity, modern HVAC chillers, and recently upgraded elevators, which enhance the tenant experience and the asset's long-term functionality. An expansive 330-space parking field provides a favorable 5.2/1,000-square-foot ratio, while ownership has enhanced the property with updated LED parking lot lighting to improve visibility, safety, and energy efficiency. Existing on-site amenities, including a fitness center, convenience store, and bookstore, further enhance the property's appeal as a workplace destination.

Situated in a quiet office park environment just off Montgomery's primary commercial corridor, 2400 Presidents Drive offers immediate access to Interstate 65 and is surrounded by a diverse mix of retail, dining, lodging, and business services. Approximately 160,000 residents live within a 5-mile radius, with a median age of 36.7 and nearly 40% of the population holding an associate's degree or higher, supporting a broad labor base for corporate, healthcare, educational, and professional office users.

Backed by modern infrastructure, abundant parking, and a well-established business park setting, the property delivers a compelling avenue for future operators to unlock value through occupancy, repositioning, or investment.

Property tours are by appointment only. Please contact the listing broker to schedule.

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Offering Memorandum Click Here to Access

Data Room Click Here to Access

Market Analytics Click Here to Access

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Market Sale Price per SF

Montgomery - AL USA

Market Cap Rate

Montgomery - AL USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
66,225 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1984
Percent Leased
Vacant
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
15,968 SF
Slab To Slab
8’
Building FAR
0.32
Lot Size
4.77 AC
Parcel Number
10-07-26-3-002-030.003
Zoning
O-1 - Office District
Parking
330 Spaces (4.13 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Fitness Center
  • Kitchen
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 12,025 SF
  • Office
  • Full Build-Out
  • Now

Professional space planning services included with flexible floor plan. Building amenities include Book Store, Convenient store, fitness room, loading dock, & much more.

  • 2nd Floor
  • 13,715 SF
  • Office
  • Full Build-Out
  • Now
  • 3rd Floor
  • 14,025 SF
  • Office
  • Full Build-Out
  • Now
  • 4th Floor
  • 14,025 SF
  • Office
  • Full Build-Out
  • Now
  • 5th Floor
  • 12,435 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Build-Out Available
1st Floor 12,025 SF Office Full Build-Out Now
2nd Floor 13,715 SF Office Full Build-Out Now
3rd Floor 14,025 SF Office Full Build-Out Now
4th Floor 14,025 SF Office Full Build-Out Now
5th Floor 12,435 SF Office Full Build-Out Now

1st Floor

Size
12,025 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Floor

Size
13,715 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Floor

Size
14,025 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Floor

Size
14,025 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

5th Floor

Size
12,435 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 12,025 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Professional space planning services included with flexible floor plan. Building amenities include Book Store, Convenient store, fitness room, loading dock, & much more.

2nd Floor

Size 13,715 SF
Space Use Office
Build-Out Full Build-Out
Available Now

3rd Floor

Size 14,025 SF
Space Use Office
Build-Out Full Build-Out
Available Now

4th Floor

Size 14,025 SF
Space Use Office
Build-Out Full Build-Out
Available Now

5th Floor

Size 12,435 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
10,360
62,969
135,837
2020 Population
11,246
68,801
143,799
2030 Population
10,114
61,371
133,456
2025-2030 Projected Population Growth
-2.4%
-2.5%
-1.8%
Daytime Employees
3,621
33,280
93,461
Total Businesses
349
3,520
9,157
Average Household Income
$59,377
$76,257
$75,968
Median Household Income
$44,999
$59,842
$58,700
Total Consumer Spending
$95.7M
$668.2M
$1.4B
Median Age
33.5
36.0
36.7
2025 Households
4,521
26,610
56,568
Percent College Degree or Above
16%
19%
18%
Average Home Value
$240,325
$225,612
$227,598

Nearby Amenities

Hotels

Wingate by Wyndham
84 rooms
6 min drive
Drury Inn & Suites
180 rooms
7 min drive
Hilton Garden Inn
97 rooms
9 min drive
Homewood Suites by Hilton
92 rooms
13 min drive
SpringHill Suites
105 rooms
15 min drive

Sale Advisors

Sale Advisors

Jon Masters, Vice President & Broker
Jon Masters has established himself as a prominent figure in the commercial real estate sector, demonstrating remarkable success since joining Moore Company Realty in August 2016. His career trajectory showcases a blend of professional achievements and community engagement, reflecting a commitment to excellence and service. Jon's accomplishments in commercial real estate are noteworthy. His impressive track record highlights his expertise and ability to navigate the complexities of the real estate market.
Further solidifying his professional standing, Masters has obtained his Broker license and earned the prestigious CCIM (Certified Commercial Investment Member) designation. In 2025, his achievements were recognized with the Crexi Platinum Award for Sales and Leasing. Prior to his real estate career, Jon brought a wealth of experience from the motorsports industry. He leveraged 14 years of sales and management experience, including his role as General Manager of several successful motorsports stores. This background provided him
with a strong foundation in sales, customer service, and business operations, skills that have undoubtedly contributed to his success in real estate.
Gene Cody, CCIM, SIOR, President
Gene Cody, CCIM, is a real estate entrepreneur with over 18 years of experience. He received his real estate license in 2006 under the brokerage firm Hodges Bonded Warehouse, where he quickly grew their residential division by selling over $3 million in year one. Since joining the Commercial Sales Team at Moore Company Realty in 2011, Gene has transacted more than $200 million in volume and is currently one of the top gross producers for the company. Gene was also named Top Sales Agent for the State of Alabama 2 years in a row by Coldwell Banker Commercial and earned the CBC Bronze Circle of Distinction in 2013-2014.

Before his position as President of Moore Company Realty, Inc., Gene was the Senior Vice President at Moore Company Realty. His responsibilities included managing a team of real estate brokers offering a full range of commercial property services, including Commercial Real Estate Sales and Leasing, Consulting, Commercial Property Management, Commercial Property Development, Build to Suit, Commercial Tenant Representation, and Brokers’ Opinions of Value.  Gene is pursuing his chosen specialty in the commercial real estate arenas. He believes that despite having experience in all facets of real estate transactions, he can best serve his clients’ needs by focusing his efforts on a particular sector.

In addition to his work at Moore Company Realty, Gene is a member of First Baptist Church of Montgomery, the Alabama Center for Real Estate, the CCIM Institute, the International Council of Shopping Centers (ICSC), the Site Source Retail Broker Network (SSRB), and the Montgomery Chamber of Commerce Committee of 100. He was previously involved with Landmark Foundations of Alabama, VISTAGE Business Advisors, the YMCA, the Mayor’s Young Professionals Council, and Leadership Montgomery. Gene is young, competent, competitive, very motivated, highly energetic, and has the breadth of several hundred years of real estate experience within the Moore Companies to guide him as he continues to succeed for his clients. Gene’s motto for sales is simple: “I want my clients to achieve exceptional results.”

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact

Kevin Loudy
Auctioneer License: Ten-X, LLC Jessica Anne Figueroa RE Brkr 000107846-0 Ten-X, Inc. dba Ten-X Commercial, Inc. Auction Firm C315; Samantha Corbat Auctioneer A5662
  • Listing ID: 31640482

  • Date on Market: 7/27/2026

  • Last Updated:

  • Address: 2400 Presidents Dr, Montgomery, AL 36116

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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