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2718 Zelda Road

$1,750,000

2718 Zelda Road, Montgomery, AL 36106

Active
Last Updated: 03/25/2025

7.89

Cap Rate

138,000

NOI

Details:
Cap Rate:    7.89%
NOI:    $138,000
Building Size:    6,200 sqft
Lot Area:    1.2 acres
Occupancy:    100%
Year Built:    1992
Floors:    1
Highlights:
  • LONG TERM TENANT- TENANT HAS BEEN AT LOCATION FOR 33 YEARS!
  • ±0.57 AC adjoining lot included in sale of property
  • Automotive/Tire repair shop
  • 8 Steel Overhead Doors
  • Frontage on Zelda Road
  • 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
  • Zelda Road Traffic Counts ±22,686 AADT
  • I-85 Traffic Counts ±130,665 AADT
  • ±0.8 Miles from Vaughn Road
  • ±1.7 Miles from Atlanta Highway
Description:

This investment sale features a property with a 7.89% CAP Rate, currently occupied by a long-term tenant who has been at the location for an impressive 33 years. The sale includes an adjoining lot of approximately 0.57 acres and is utilized as an automotive/tire repair shop, equipped with eight steel overhead doors. The property boasts significant visibility with frontage on Zelda Road, which experiences traffic counts of approximately 22,686 AADT, while nearby I-85 sees even higher traffic counts of around 130,665 AADT. It is strategically located less than one mile from a Wal-Mart Super Center and within close proximity to various restaurants, retail stores, and banks. The site is also conveniently situated about 0.4 miles from I-85, 0.8 miles from Vaughn Road, and 1.7 miles from Atlanta Highway.

2718 Zelda Road

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