4025 Eastern Blvd Montgomery, AL 36116
This exceptional 51,130 square foot retail property, formerly a Winn-Dixie grocery store, is ideally situated in Montgomery, Alabama's bustling Eastern Boulevard retail corridor. Boasting a prominent location with excellent monument signage, this property offers ample parking and high visibility, attracting significant daily traffic volume of 47,000 vehicles. The asking price is $2,300,000, translating to $44.98 per square foot. The 4.76-acre lot provides substantial space for expansion or additional development. This prime retail space benefits from a strong tenant mix, including co-tenants such as Roses Discount, Babcock & More, and Surplus Warehouse, ensuring a vibrant and thriving commercial environment. The property's history as a successful grocery store provides a solid foundation for a variety of retail uses, offering a unique opportunity for investors and businesses seeking a high-traffic location in a densely populated area. Full access is available, making this a truly compelling investment opportunity in a prime Montgomery location. The property is located at 4025 Eastern Blvd, Montgomery, AL 36116.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.