Montgomery, Alabama, offers a unique opportunity for investors to capitalize on the city's rich history, diverse economy, and growing urban area. With 6 warehouses for sale, Montgomery presents an attractive option for those looking to invest in industrial properties. Warehouses in Montgomery can represent a range of investments, from distribution centers to manufacturing facilities, and even converted residential spaces. The city's strategic location, amenities, infrastructure, education, and geography make it an ideal place to invest in a warehouse. For instance, Montgomery is home to several major highways, including Interstate 65 and Interstate 85, providing easy access to regional markets. The city is also served by the Montgomery Regional Airport, which offers commercial flights to major hubs. Additionally, Montgomery is known for its educational institutions, such as Alabama State University and Auburn University at Montgomery, which contribute to a skilled workforce. The city's cultural attractions, including the Montgomery Museum of Fine Arts and the Alabama Shakespeare Festival, also make it an attractive place to live and work. Overall, Montgomery is a great place for business and travel, with its rich history, diverse economy, and growing urban area.
Montgomery's warehouses for sale offer a range of opportunities for investors, from small, converted spaces to large, industrial facilities. The city's industrial properties, such as warehouses and distribution centers, are well-suited for businesses looking to establish a presence in the region. In addition to warehouses, Montgomery also offers a range of other property types, including industrial properties, land, residential income homes, and commercial real estate. For example, the city's industrial properties are ideal for manufacturing and logistics companies, while its land is suitable for development projects. Residential income homes, on the other hand, offer a unique opportunity for investors to capitalize on the city's growing rental market. Commercial real estate, including office buildings and retail spaces, is also available in Montgomery. With its diverse economy, growing urban area, and range of property types, Montgomery is an attractive option for investors looking to capitalize on the city's growth. The city's warehouses, in particular, offer a unique opportunity for investors to establish a presence in the region and take advantage of its strategic location and amenities.
What are the key features investors look for in warehouses in Montgomery?
When searching for warehouses in Montgomery, investors typically look for key features that ensure a profitable and efficient operation, including:
- Average price per square foot of $108 USD, with an average size of 22,545 square feet and a maximum size of 86,930 square feet, offering ample space for storage and operations.
- A competitive average cap rate of 7.25%, ensuring a strong potential for returns on investment.
- Proximity to major transportation hubs, such as the Montgomery Regional Airport (Dannelly Field) and Interstate highways I-65 and I-85, providing easy access to regional and national markets.
What size warehouses are available to buy in Montgomery?
Warehouses for sale in Montgomery range in size from 22,545 square feet to 86,930 square feet, with an average price per square foot of $108 USD and an average cap rate of 7.25%, offering a variety of options for buyers and investors.
How much does it cost to buy a warehouse in Montgomery?
When it comes to buying a warehouse in Montgomery, the cost can vary depending on factors such as size, location, and condition, but on average, you can expect to pay around $108 USD per square foot, with the average warehouse size being around 22,545 square feet, and the largest available warehouse space being around 86,930 square feet, with a total of 6 available listings to choose from, and an average cap rate of 7.25%.
