1967 Walnut St Montgomery, AL 36106
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.
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.