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    5040 Vaughn Rd Montgomery, AL 36116

    For Lease
    $20 SF/Yr

    61,878 SF shopping center with high occupancy and traffic.

    Property size:
    61,878 SF
    Lot size:
    61,878 SF

    Property Features for 5040 Vaughn Rd

    General Information

    Size
    61,878 SF

    Building Details

    Year built
    1984

    Source: Vanessa Morris Agent Vanessa Morris

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vaughn Plaza Retail Space

    Vaughn Plaza is a 61,878 square foot shopping center located in Montgomery, AL. The center is 90% leased and features a strong tenant base. Office Depot has been a main anchor for over 30 years. Vacant suites are available starting from 1,300 square feet. Renovations completed in 2019-2020 included a new TPO roof, major parking lot repairs, painting, and an upgraded pylon sign. The property is strategically positioned at the major intersection of Vaughn Road and Eastern Blvd, benefiting from a strong combined traffic count of 86,855 vehicles per day. The center is located within a dense retail corridor, with surrounding retailers including Home Depot, Dollar Tree, Lowe's, Sam's Club, Starbucks, and TJ Maxx. The property features a large pylon sign, excellent visibility, multiple ingress/egress points, and ample parking.
    Location Intelligence

    Current Use by Public Records

    Labor SMART, Inc. Temp Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Courtyard

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2225739
    Latitude
    32.3426517

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    FAQs

    What type of property is this?
    Shopping center - 61,878 SF shopping center with high occupancy and traffic.
    Where is this shopping center located?
    The property is located at 5040 Vaughn Rd Montgomery, AL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - 90% leased occupancy with a strong tenant base, providing immediate income; - Anchored by Office Depot, a long-term tenant of over 30 years, ensuring stability; - Strategic location at the intersection of Vaughn Road and Eastern Blvd with high traffic count (86,855+/- VPD)
    (205) 447-1728
    Request Owner's contact information
    5040 Vaughn Rd Montgomery, AL 36116
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    Montgomery, AL 36116
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5040 Vaughn Rd Montgomery, AL 36116
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