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Retail Property with Major Intersection Visibility
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703 S Memorial Dr, Prattville, AL 36067

Centrally located retail site with strong visibility at the intersection of US-31 and East Main Street.

Property SizeContact for details
Days on Market134

Property Features for 703 S Memorial Dr

General Information

Standard status Active
Property subtype Retail
Listing Agency: Fisher James Capital
Listed By: Putnam Daily · License #CA 01750064
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 3:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fisher James Capital

Investment Insights

Based on property information with market context.

The subject property is located on Prattville’s primary retail corridor with visibility at the intersection of US-31 and East Main Street. The site benefits from heavy area traffic counts, with US-31 listed at 29,150 AADT and East Main Street at 23,962 AADT.

Demographic demand in the immediate area is supported by a population of 43,753 within a five-mile radius and average annual population growth of 2.19% since 2000. Average household income within five miles exceeds $72,860, which is noted as 67% higher than the median household income for the rest of Alabama.

Neighboring retail includes Prattville Plaza Shopping Center with tenants such as CVS, BB&T Banks, and Hardee’s, as well as Midtown Shopping Center with Winn-Dixie, Fred’s, Rent-A-Center, and Pizza Hut. The site is also positioned less than half a mile from Prattville Baptist Hospital, an 85-bed acute care community hospital, and about half a mile from Prattville Intermediate School and Prattville Elementary School.

Key Highlights

  • Retail site with strong visibility at the intersection of US‑31 (29,150 AADT) and East Main Street (23,962 AADT)
  • Located less than 0.5 miles from an 85‑bed acute care hospital (Prattville Baptist Hospital)
  • Less than 0.5 miles from Prattville Intermediate School and Prattville Elementary School

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby

Demographics for 36067, AL

27,534
Population
11,481
Households
2.4
Avg Household Size
39
Median Age
22%
College-Educated
87%
High-School Grad
244.3 sq mi
ZIP Area
113
Density / Sq Mi
$64,837
Median Household Income
$37,903
Median Earnings
$985
Median Rent
$180,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Centrally located retail site with strong visibility at the intersection of US-31 and East Main Street.
Where is this retail space located?
The property is located at 703 S Memorial Dr Prattville, AL.
What are key features of this property?
This property features: Retail site with strong visibility at the intersection of US‑31 (29,150 AADT) and East Main Street (23,962 AADT); Located less than 0.5 miles from an 85‑bed acute care hospital (Prattville Baptist Hospital); Less than 0.5 miles from Prattville Intermediate School and Prattville Elementary School
(510) 289-1166 Call to check price and availability
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