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    1417 Federal Dr Montgomery, AL 36107

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail/Office Space Available in Montgomery, AL

    Lot size:
    18,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 1417 Federal Drive in Montgomery, Alabama, zip code 36107. Montgomery Plaza North is a Class B strip center totaling 18,500 square feet, situated on a 2-acre lot. The property, built in 1998, consists of four buildings and offers multiple suites, with a minimum divisible space of 930 square feet and a maximum contiguous space of 10,000 square feet. Currently, 10,000 square feet of space is available for lease. The property enjoys a strategic location, just 2.2 miles from I-85, providing convenient access to residential areas and other businesses. High traffic counts of 12,928 cars daily ensure excellent visibility and potential customer traffic. The surrounding area boasts a vibrant commercial environment, with nearby businesses including Walmart, the State Farmers Market, and Life Storage. Demographic data reveals a strong market, with 107,521 residents within a 5-mile radius and an average household income ranging from $53,893 to $64,687. Daytime traffic within a 5-mile radius reaches 140,448 people. The property is zoned B2 and utilities including water, sewer, gas, and electricity are readily available. This property presents a compelling investment opportunity for businesses seeking a high-traffic location in a thriving Montgomery community. The property is ideal for businesses seeking flexible space options ranging from 930 to 10,000 square feet.

    Property Features for 1417 Federal Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,500 SF
    Class
    B

    Building Details

    Year Built
    1998
    Buildings
    4

    Unit(s) available at that property

    Space
    Unit #1401
    Size
    11,000 SF
    Space
    Unit #1405
    Size
    11,000 SF
    Space
    Unit #1407
    Size
    11,000 SF
    Space
    Unit #1403
    Size
    11,000 SF
    Space
    Unit #1411
    Size
    11,000 SF
    Space
    Unit #1413
    Size
    11,000 SF
    Space
    Unit #1427
    Size
    11,000 SF
    Space
    Unit #1421
    Size
    11,000 SF
    Space
    Unit #1417
    Size
    11,000 SF
    Space
    Unit #1415
    Size
    11,000 SF
    Space
    Unit #1423
    Size
    11,000 SF
    Space
    Unit #1409
    Size
    11,000 SF
    Space
    Unit #1425
    Size
    11,000 SF
    Space
    Unit #1419
    Size
    11,000 SF
    Space
    Unit #1429
    Size
    11,000 SF

    HighLights

    • 10,000 SF available in a 18,500 SF Class B strip center.
    • Located in North Central Montgomery with excellent visibility and access.
    • 2.2 miles from I‑85.
    • Strong residential neighborhoods nearby.
    • Excellent co‑tenancy including Walmart, State Farmers Market, and Life Storage.
    • High daily traffic count of 12,928 vehicles on Federal Drive.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.272754187408
    Latitude
    32.397746757577

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail/Office Space Available in Montgomery, AL
    Where is this neighborhood center located?
    The property is located at 1417 Federal Dr Montgomery, AL.
    What are key features of this property?
    This property features: 10,000 SF available in a 18,500 SF Class B strip center.; Located in North Central Montgomery with excellent visibility and access.; 2.2 miles from I-85.
    Request Owner's contact information
    1417 Federal Dr 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
    1417 Federal Dr Montgomery, AL 36107
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