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Property profile & analytics
OFF-MARKET
Neighborhood centers

3040 Mcgehee Rd Montgomery, AL 36111

37,218 SF 5 ac lot Built 1964
Property ID
Property summary
AI-generated overview

This exceptional 37,218 square foot retail strip center, situated on a 5-acre lot in Montgomery, Alabama, presents a rare opportunity. Built in 1964 and renovated in 1992, the property boasts a single-tenant vacancy of 3,900 square feet, perfect for a variety of retail uses. The center is classified as Class C and features 239 parking spaces, ensuring ample customer convenience. Its strategic location at 3040 McGehee Rd, Montgomery, AL 36111, places it at the southeast corner of a busy intersection, guaranteeing high visibility and foot traffic. The property is zoned B-4 and benefits from a strong tenant mix, including established businesses such as Family Dollar, Adams Drugs, Subway, Liger's Bakery, ABC Select Spirits, and Little Caesars. Nearby, you'll find additional anchors like Regions Bank, Wells Fargo, Renfroe's Supermarket, a Post Office, Jim Massey's Cleaners, Express Oil Change, and American Lube Fast, creating a vibrant and thriving commercial environment. This one-story building offers immediate access to a dense population base and significant consumer traffic, making it an ideal location for a business seeking high visibility and a strong customer base in a well-established commercial area of Montgomery County.

Property profile
Verified
Property type Neighborhood centers
Year built 1964
Total area 37,218 SF
Lot 5 ac (217,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Liger's Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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