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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1967 Walnut St Montgomery, AL 36106

5,400 SF Built 1990
Property ID
Property summary
AI-generated overview

This exceptional 5,400 square foot retail property, situated at 1963-1969 Walnut Street, offers a unique investment opportunity in Montgomery, Alabama. The single-story building, constructed in 1990, features three individual suites, providing flexibility for various retail tenants. Currently, 2,469 square feet are available for lease, presenting a chance to expand your business or attract new tenants. The property sits on a generous 11,243 square foot lot and boasts ample parking with 16 spaces. Conveniently located just off Carter Hill Road, this location provides easy access to Alabama State University, interstates I-65 and I-85, and a vibrant mix of retail, restaurants, and the Montgomery Country Club. The property's B-2 zoning allows for a variety of commercial uses. Electric power services the building. Its proximity to downtown Montgomery further enhances its appeal and potential for growth. This is an ideal opportunity for investors seeking a well-located retail property with significant upside potential. The existing structure presents a solid foundation for immediate occupancy or future redevelopment.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1990
Total area 5,400 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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