1417 Federal Dr Montgomery, AL 36107
- Neighborhood centers
- 18,500 SF
- 2.00 lot acres
Current Use by Public Records
- Neighborhood centers
Property Details for 1417 Federal Dr
- Year built
- 1998
- Lot size
- 2.00 lot acres
- Property size
- 18,500 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.2728
- Latitude
- 32.3977
