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    4049-4075 Eastern Blvd Montgomery, AL 36116

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    4049-4075 Eastern Blvd Montgomery, AL 36116

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    • Neighborhood centers
    • 221,630 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 4049-4075 Eastern Blvd

    Property size
    221,630 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    Montgomery Towne Center, located at 4049-4075 Eastern Blvd, Montgomery, AL 36116, offers exceptional retail leasing opportunities. This strip center boasts a total of 221,630 square feet of retail space. Currently, there are multiple spaces available, ranging from a minimum of 1,600 square feet to a maximum contiguous space of 27,250 square feet, providing flexibility for various business needs. The property is situated in Montgomery County, Alabama, offering convenient access and high visibility. The center's design and layout are ideal for a variety of retail uses, making it an attractive option for businesses seeking a prominent location in a thriving area. The address is easily accessible from major roadways, ensuring high traffic flow and excellent exposure to potential customers. This is a unique opportunity to secure retail space in a well-established and highly visible center within a dynamic market. Interested parties should inquire about available space and lease terms. The property is categorized as a retail strip center with multiple tenancies.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2386
    Latitude
    32.3255

    Comparable in this City

    • Value Estimation by Request
      61,878 SF

      5040 Vaughn Rd

      Neighborhood centers • 61,878 SF
      5040 Vaughn Rd, Montgomery, AL 36116
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    • Value Estimation by Request
      0.03 Acres

      Montgomery, AL 36116

      SHOPPING CENTER, STRIP CENTER • 0.03 Acres
      Montgomery, AL 36116
      View Details
    • Value Estimation
      $5,255,000
      60,791 SF

      8101 Vaughn Rd

      SHOPPING CENTER, STRIP CENTER • 60,791 SF
      8101 Vaughn Rd, Montgomery, AL 36116-6708
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    • Value Estimation by Request
      7,415 SF

      3026 Buckboard Rd

      SHOPPING CENTER, STRIP CENTER • 7,415 SF
      3026 Buckboard Rd, Montgomery, AL 36116-1402
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    • Value Estimation by Request
      7,561 SF

      5085 Virginia Loop Rd

      SHOPPING CENTER, STRIP CENTER • 7,561 SF
      5085 Virginia Loop Rd, Montgomery, AL 36116-4707
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    • Value Estimation by Request
      10,180 SF

      2649 Es Blvd

      SHOPPING CENTER, STRIP CENTER • 10,180 SF
      2649 Es Blvd, Montgomery, AL 36116-2531
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      Retail Space in Shadow Center

      Retail space available in Walmart-anchored shadow center.
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      Walmart Anchored Shadow Center

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      Vaughn Plaza Retail Opportunity

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      Shopping center with high traffic and excellent visibility.
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      Anchored Retail Space For Lease

      Retail space available in Walmart-anchored shadow center.
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    Montgomery, AL 36116
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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