0 Cornerstone Blvd, Montgomery, AL 36116
This exceptional 9.59-acre parcel is ideally situated at the Cornerstone Shopping Center in Montgomery, Alabama, at the intersection of Vaughn Road and Taylor Road. Zoned for commercial use, this property offers unparalleled access to a thriving retail environment. The site is directly adjacent to a Publix-anchored shopping center, boasting a strong tenant mix including Planet Fitness, Mapco, Wells Fargo Bank, Starbucks, PNC Bank, Newk's Eatery, Walgreens, Zaxby's, Dairy Queen, and Burger King. This prime location benefits from excellent traffic flow and visibility, making it perfect for a variety of commercial ventures. The surrounding area is densely populated, with 18,980 households within a three-mile radius, and is characterized by a high concentration of retail, medical, and commercial properties, situated within established residential neighborhoods. The property is located in a high-income area within Montgomery's eastern growth corridor. The land is priced at $7.50 per square foot. The APN is 0909293000001.039. This presents a unique opportunity to capitalize on a high-demand location in a rapidly growing market. The property's strategic position and surrounding amenities make it an attractive investment for developers and businesses seeking a prominent presence in Montgomery.
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.
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.