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2718 Zelda Rd 6,783 SF Retail Building Montgomery, AL 36106 $1,750,000 ($258.00/SF) 7.89% Cap Rate
Investment Highlights
- LONG TERM TENANT- TIRE STORE HAS BEEN HERE FOR 33 YEARS!
- 8 Steel Overhead Doors
- Surrounded by a wide variety of Restaurants, Retail Stores & Banks. Less Than 1 Mile from Wal-Mart Super Center
- ±0.57 AC adjoining lot included in sale of property
- Sits on ±0.63 Acres with frontage on Zelda Road ( Traffic Counts ±22,686 AADT)
- ± 0.4 Miles from I-85 with Traffic Counts ±130,665 AADT
Executive Summary
LONG TERM TENANT- TIRE STORE HAS BEEN HERE FOR 33 YEARS!
±0.57 AC adjoining lot included in sale of property
8 Steel Overhead Doors
Sits on ±0.63 Acres with frontage on Zelda Road ( Traffic Counts ±22,686 AADT)
Surrounded by a wide variety of Restaurants, Retail Stores & Banks.
Less Than 1 Mile from Wal-Mart Super Center
± 0.4 Miles from I-85 with Traffic Counts ±130,665 AADT
±0.8 Miles from Vaughn Road
±1.7 Miles from Atlanta Highway
±0.57 AC adjoining lot included in sale of property
8 Steel Overhead Doors
Sits on ±0.63 Acres with frontage on Zelda Road ( Traffic Counts ±22,686 AADT)
Surrounded by a wide variety of Restaurants, Retail Stores & Banks.
Less Than 1 Mile from Wal-Mart Super Center
± 0.4 Miles from I-85 with Traffic Counts ±130,665 AADT
±0.8 Miles from Vaughn Road
±1.7 Miles from Atlanta Highway
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,783 SF
Building Class
C
Year Built
1992
Price
$1,750,000
Price Per SF
$258.00
Cap Rate
7.89%
NOI
$138,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.64 AC
Zoning
B-2
Parking
23 Spaces (3.39 Spaces per 1,000 SF Leased)
Frontage
138’ on Zelda Rd
Amenities
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-05-16-3-004-009.010 | Improvements Assessment | $56,740 |
| Land Assessment | $55,760 | Total Assessment | $112,500 |
Property Taxes
Parcel Number
10-05-16-3-004-009.010
Land Assessment
$55,760
Improvements Assessment
$56,740
Total Assessment
$112,500
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2718 Zelda Rd
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