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    401 Cotton Gin Rd Montgomery, AL 36117

    For Sale
    $172,498

    Prime Mentor storefront, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Crossings Plaza offers a prime retail opportunity in the thriving Mentor, Euclid, Willoughby submarket of Cleveland, Lake County. This single-story, 9,703 square foot Class B retail center sits on a generous 8.7-acre lot and boasts strong street visibility enhanced by a monument sign. Built in 1956 and extensively renovated in 2005, the property provides a well-maintained space for businesses seeking high-traffic exposure. Currently, one suite is available for lease: Unit D, a 1,320 square foot space, offered at $15 per square foot, NNN. The center's convenient location provides excellent access to major thoroughfares, including Route 2 and I-90 via OH- (specific route number omitted as it's incomplete in the source data). Its proximity to the Great Lakes Mall further enhances its appeal to businesses seeking a location within a busy retail corridor. The multiple tenancy structure of Crossings Plaza offers a diverse and vibrant shopping environment, attracting a wide range of customers. This is an exceptional opportunity for a business seeking a well-established and highly visible location in a desirable area. The property's size and location make it ideal for a variety of retail uses.

    Property Features for 401 Cotton Gin Rd

    General Information

    Property type
    Land

    HighLights

    • 9,703 SF retail storefront available for lease in a multi‑tenant building.
    • Located in a prime neighborhood center near Great Lakes Mall in Mentor, Euclid, Willoughby submarket cluster of Lake County.
    • Features strong street visibility and a monument sign.
    • Building renovated in 2005.
    • One suite available (Unit D): 1,320 SF, $15/SF NNN.
    • Convenient access to Route 2 and I‑90.
    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
    -86.167445
    Latitude
    32.375024

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    FAQs

    What type of property is this?
    Land - Prime Mentor storefront, high visibility.
    Where is this land located?
    The property is located at 401 Cotton Gin Rd Montgomery, AL.
    What is the asking price?
    The asking price for this property is $172,498.
    What are key features of this property?
    This property features: 9,703 SF retail storefront available for lease in a multi-tenant building.; Located in a prime neighborhood center near Great Lakes Mall in Mentor, Euclid, Willoughby submarket cluster of Lake County.; Features strong street visibility and a monument sign.
    (334) 271-2475
    Request Owner's contact information
    401 Cotton Gin Rd Montgomery, AL 36117
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    Montgomery, AL 36117
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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
    401 Cotton Gin Rd Montgomery, AL 36117
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