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    1113 Perry Hill Rd Montgomery, AL 36109

    Sponsored
    For Lease
    $14 SF/Yr

    Prime retail space available in Montgomery, AL.

    Lot size:
    23,482 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 1113 Perry Hill Rd in Montgomery, Alabama, presents a compelling investment opportunity. The 23,482 square foot strip center, built in 1998, sits on a 1.54-acre lot and is zoned B-2 Business District within Montgomery County. Currently, there is 3,041 square feet of vacant space available, divisible into units ranging from a minimum of 1,516 square feet to a maximum contiguous space of 1,525 square feet. The property's multiple tenancy structure offers flexibility for a variety of retail businesses. Its strategic location in Montgomery, Alabama, with a 36109 zip code, provides excellent visibility and accessibility. The property's age and size suggest a solid foundation for future growth and profitability. This is an ideal opportunity for investors seeking a well-located retail property with immediate income potential and the possibility of further development. The existing infrastructure and zoning regulations offer a clear path for potential tenants and investors. The property's size and layout provide ample space for a variety of retail uses, making it a versatile and attractive investment. Serious inquiries are encouraged to explore this promising opportunity further.

    Property Features for 1113 Perry Hill Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,482 SF
    Total Rate
    27395.67

    Building Details

    Year Built
    1998

    Unit(s) available at that property

    Space
    Suite F
    Size
    1,738 SF
    Rate per SF
    $14

    HighLights

    • Great retail center in Montgomery, AL with 3,041 SF of divisible vacant space (1,516 SF min).
    • Excellent visibility and accessibility in a B‑2 zoned location.
    • Ample on‑site parking.
    • 0.4 miles from I‑85.
    • 1.3 miles from Atlanta Hwy.
    • 27,230 AADT traffic count.
    Property Profile Location Intelligence

    Current Use by Public Records

    Alfa Insurance Insurance Agency Perry Hill Package ... Liquor Store CoinFlip Bitcoin ATM Money Transfer Service Aspire Staffing Inc Employment Agency 1 Stop Cash ... Loan Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2437147
    Latitude
    32.3645303

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    FAQs

    What type of property is this?
    Neighborhood center - Prime retail space available in Montgomery, AL.
    Where is this neighborhood center located?
    The property is located at 1113 Perry Hill Rd Montgomery, AL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Great retail center in Montgomery, AL with 3,041 SF of divisible vacant space (1,516 SF min).; Excellent visibility and accessibility in a B-2 zoned location.; Ample on-site parking.
    Request Owner's contact information
    1113 Perry Hill Rd Montgomery, AL 36109
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    Montgomery, AL 36109
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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
    1113 Perry Hill Rd Montgomery, AL 36109
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