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    2720 Poplar St Montgomery, AL 36107

    For Lease
    $13 SF/Yr ($9,926 /Mo)

    High-traffic retail space, two units available.

    Lot size:
    9,163 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 9,163 square foot retail strip center, built in 2021, presents a compelling investment opportunity in Montgomery, Alabama. Located at 2720 Poplar St, near the intersection of Chestnut Street, this property boasts a prime location with excellent visibility and accessibility. The center features two available spaces, ranging from 1,500 to 4,000 square feet, ideal for a variety of retail businesses. A significant portion of the center is currently vacant, offering substantial potential for immediate income generation. The property sits on a 1.56-acre lot and includes a fully fenced parking lot, enhancing security and convenience for tenants and customers. Its strategic location offers easy access to major thoroughfares, including Zelda Road and Interstate 85 (within 0.2 miles), ensuring high traffic flow. The center benefits from proximity to established national retailers such as Wal-Mart, Ross, Burlington, Chick-fil-A, Burger King, and Dunkin' Donuts, creating a synergistic retail environment. The property is zoned B2 within Montgomery County, providing flexibility for various commercial uses. This is an exceptional opportunity to acquire a well-located, newer retail center with significant upside potential. The existing infrastructure and high-traffic location make this an attractive investment for both seasoned and emerging investors.

    Property Features for 2720 Poplar St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,163 SF
    Total Rate
    9926.58

    Unit(s) available at that property

    Space
    2740
    Size
    1,500 SF
    Rate per SF
    $13
    Space
    2720
    Size
    4,000 SF
    Rate per SF
    $13

    HighLights

    • 9,163 SF retail strip center built in 2021 in Montgomery, AL.
    • Located at 2720 Poplar St, near Chestnut St, with excellent visibility and accessibility.
    • Two available spaces (1,500‑4,000 SF) suitable for various retail uses; significant vacancy allows for immediate income generation.
    • 1.56‑acre lot with fenced parking lot; close proximity to I‑85 and major thoroughfares.
    • Located near national retailers (Walmart, Ross, Burlington, etc.), in a B2‑zoned area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -86.273437
    Latitude
    32.36762

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, two units available.
    Where is this retail property located?
    The property is located at 2720 Poplar St Montgomery, AL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 9,163 SF retail strip center built in 2021 in Montgomery, AL.; Located at 2720 Poplar St, near Chestnut St, with excellent visibility and accessibility.; Two available spaces (1,500-4,000 SF) suitable for various retail uses; significant vacancy allows for immediate income generation.
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    Montgomery, AL 36107
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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
    2720 Poplar St Montgomery, AL 36107
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