1417 Federal Dr Montgomery, AL 36107
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.