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    3889-3897 Eastern Blvd Montgomery, AL 36116

    For Lease
    Contact for pricing

    High-traffic retail center, 3,700 SF available

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Montgomery Commons, located at 3889-3897 Eastern Blvd in Montgomery, Alabama (zip code 36116), offers a prime retail opportunity. This single-story, Class B shopping center, built in 1999, totals 10,000 square feet across six suites and sits on a 9.51-acre lot. Currently, 3,700 square feet of retail space is available, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 2,500 square feet. The property is zoned B-3: Highway Commercial District (APN: 10 07 35 2 000 006.000) and benefits from high visibility and traffic counts of approximately 38,710 AADT on Eastern Blvd. Ample on-site parking is available for both employees and customers. This presents a unique chance to establish or expand a retail business in a well-established, high-traffic location within Montgomery County. The property features one building with excellent visibility and accessibility. This opportunity is ideal for businesses seeking a prominent location with significant foot and vehicle traffic.

    Property Features for 3889-3897 Eastern Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Class
    B

    Building Details

    Year Built
    1999
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    3889 Eastern Blvd End Unit
    Size
    2,500 SF

    HighLights

    • High visibility and convenient access for retail tenants.
    • Strong retail co‑tenancy including LongHorn Steakhouse, Walmart, and other national brands.
    • Over 3,500 apartments within one mile.
    • 0.7 miles from Hwy 231 (Troy Hwy), boasting 40,000+ ADT.
    • 6.1 miles from I‑65.
    • Ample on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2336938
    Latitude
    32.3280014

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail center, 3,700 SF available
    Where is this retail property located?
    The property is located at 3889-3897 Eastern Blvd Montgomery, AL.
    What are key features of this property?
    This property features: High visibility and convenient access for retail tenants.; Strong retail co-tenancy including LongHorn Steakhouse, Walmart, and other national brands.; Over 3,500 apartments within one mile.
    Request Owner's contact information
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    Montgomery, AL 36116
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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
    3889-3897 Eastern Blvd Montgomery, AL 36116
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