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    10 W Fairview Ave Montgomery, AL 36105

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    For Lease
    $4 SF/Yr ($4,542 /Mo)

    12,114 SF stand-alone retail building with drive-thru.

    Property size:
    12,114 SF
    Lot size:
    1.25 Acres

    Property Features for 10 W Fairview Ave

    General Information

    Size
    12,114 SF
    Lot size
    1.25 Acres

    Source: SRS Real Estate Partners | Birmingham Agent Martin Smith

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

    Overview

    Former Walgreens with Drive-Thru

    This is a 12,114 square foot stand-alone building, formerly a Walgreens, with a drive-thru. It is located on a highly visible corner at a lighted intersection in Montgomery, Alabama's State Capitol. The property is situated less than two miles from Alabama State University, Huntingdon College, and Treholm State Community College, and less than 5 miles from Maxwell Air Force Base, home to Air University. The current lease expires on April 30, 2025, and all offers are subject to approval by Walgreens Real Estate Committee.
    Insight Report Location Intelligence

    Current Use by Public Records

    James R. Pines ... Pharmacy Western Union Money Transfer Service higi Health Consultant Bitcoin Depot | BDCheckout Atm LibertyX Bitcoin ATM Atm

    Suggested Use

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

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

    Similar Places Nearby

    Jones Drugs, CVS Pharmacy, James R. Pines Jr, RPh, Trehran Taylor, Teresa Estep

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.3089445
    Latitude
    32.3522867

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    FAQs

    What type of property is this?
    Drug store - 12,114 SF stand-alone retail building with drive-thru.
    Where is this drug store located?
    The property is located at 10 W Fairview Ave Montgomery, AL.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible corner location at a lighted intersection in Montgomery.; - 12,114 SF stand-alone building with drive-thru.; - Proximity to Alabama State University, Huntingdon College, and Treholm State Community College (less than two miles).
    (205) 259-2195
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    Montgomery, AL 36105
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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
    10 W Fairview Ave Montgomery, AL 36105
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