Corner Storefront
For Sale
Contact for pricing
2235 E South Blvd, Montgomery, AL 36116
B-4-zoned corner property with a building suited to retail and vehicle-related uses.
Property Size3,960 SF
Lot Size1.14 Acres
Price / SF$251.26
Days on Market123
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Property Features for 2235 E South Blvd
General Information
Standard status
Active
Size
3,960 SF
Total Parking Spaces
150
Lot size
1.14 Acres
Property subtype
Retail
Zoning
B-4
Additional Details
Corner Location
Yes
Building Details
Year Built
1975
Buildings
1
Tenancy
Single
Listing Agency:
Aronov Realty Brokerage
Listed By:
Frank Potts · License #AL 000011162
(334) 244-2527
Source:
Crexi
Added: Jun 15
Changed: Oct 15
Last Checked: Oct 14 at 10:39PM
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 Aronov Realty Brokerage
Investment Insights
Based on property information with market context.
Located at 2235 E South Blvd in Montgomery, Alabama, this storefront property includes a 3,960 SF building constructed in 1975. The site carries B-4 zoning and occupies an approximately 165' x 300' +/- lot, providing a substantial footprint for a retail or vehicle-related operation.
The property is positioned at a traffic-light corner and is within 3/4 mile of 1,032 apartments, with established neighborhoods also nearby. Its existing building and commercial zoning support consideration for retail, convenience, restaurant, car wash, and automotive-oriented uses identified for the property.
The property is positioned at a traffic-light corner and is within 3/4 mile of 1,032 apartments, with established neighborhoods also nearby. Its existing building and commercial zoning support consideration for retail, convenience, restaurant, car wash, and automotive-oriented uses identified for the property.
Key Highlights
- 3,960 SF building constructed in 1975
- B‑4 zoning
- Approximately 165' X 300' +/- SF lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,102
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$942,040
$942.0K
Cap Rate 7%
$672,886
$672.9K
Cap Rate 9%
$523,356
$523.4K
Market Conditions
NOI Build-Up for 3,960 SF
Gross rent
$66.5K $16.80/SF
− Vacancy
−$3.7K −$0.94/SF
EGI
$62.8K $15.86/SF
− OpEx
−$15.7K −$3.96/SF
NOI
$47.1K $11.89/SF
Area
Montgomery, AL
Vacancy
5.60%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$942,040
Cap Rate 7%
$672,886
Cap Rate 9%
$523,356
Alternative Uses
Best Use
Specialty Retail
$672.9K
$588.8K – $785.0K
NOI $47,102 @ 7.0% cap · market cap 4.73%
Second Best
Industrial
$655.5K
$573.5K – $764.7K
NOI $45,883 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$821.1K
$718.5K – $958.0K
NOI $57,480 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
806
Businesses Nearby
47k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 90%
Electronics 6%
Shops & Services 3%
Home Improvements & Furnishings 1%
Burger King
Dining
15,040 visits/mo
0.2 miles
Wendy's
Dining
13,478 visits/mo
0.1 miles
Popeyes Louisiana Kitchen
Dining
9,840 visits/mo
0.3 miles
Dunkin' Donuts
Dining
4,260 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
2,783 visits/mo
0.4 miles
Demographics for 36116, AL
43,840
Population
20,007
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
91%
High-School Grad
53.4 sq mi
ZIP Area
821
Density / Sq Mi
$53,973
Median Household Income
$33,039
Median Earnings
$1,056
Median Rent
$137,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Montgomery, AL
Similar Off Market Nearby
- Pringle Petals Fresh Flowers & Funeral Flowers — 2510 E South Blvd Suite C, Montgomery, AL 36116
- Garden Center — Montgomery, AL 36111
Frequently Asked Questions
What type of property is this?
Storefront property - B-4-zoned corner property with a building suited to retail and vehicle-related uses.
Where is this storefront property located?
The property is located at 2235 E South Blvd Montgomery, AL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 3,960 SF building constructed in 1975; B‑4 zoning; Approximately 165' X 300' +/- SF lot
