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    1113 Perry Hill Rd Montgomery, AL 36109

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    1113 Perry Hill Rd Montgomery, AL 36109


    • Strip malls
    • 12,852 SF
    • 1.54 lot acres
    Centrally Located Retail Center For Lease
    $14 SF/Yr

    Centrally Located Retail Center

    Retail center with excellent visibility and on-site parking.

    1113 Perry Hill Rd, Montgomery, AL 36109
    View Listing
    Property ID
    US03-0315702
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,475,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Alfa Insurance / Insurance Agency
    • Perry Hill Package Store / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
    • CoinFlip Bitcoin ATM / Bank / Credit Union
    • Aspire Staffing Inc / Employment Agency
    • 1 Stop Cash for Gold / Loan Service

    Property Details for 1113 Perry Hill Rd

    Year built
    1998
    Lot size
    1.54 lot acres
    Property size
    12,852 SF
    Zone code
    B-2
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    10-05-15-4-002-003.002
    APU
    1005154002003002

    Description

    This exceptional retail property, located at 1113 Perry Hill Rd in Montgomery, Alabama, presents a compelling investment opportunity. The 23,482 square foot strip center, built in 1998, sits on a 1.54-acre lot and is zoned B-2 Business District within Montgomery County. Currently, there is 3,041 square feet of vacant space available, divisible into units ranging from a minimum of 1,516 square feet to a maximum contiguous space of 1,525 square feet. The property's multiple tenancy structure offers flexibility for a variety of retail businesses. Its strategic location in Montgomery, Alabama, with a 36109 zip code, provides excellent visibility and accessibility. The property's age and size suggest a solid foundation for future growth and profitability. This is an ideal opportunity for investors seeking a well-located retail property with immediate income potential and the possibility of further development. The existing infrastructure and zoning regulations offer a clear path for potential tenants and investors. The property's size and layout provide ample space for a variety of retail uses, making it a versatile and attractive investment. Serious inquiries are encouraged to explore this promising opportunity further.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,335,000
      ML approach
      $1,300,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,558,000
      Market price range: $421k - $1.56M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $995,000
      Current use
      MEDICAL BUILDING
      $1,755,000
      Change: +77% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $985,000
      Change: -1% Conversion: Easy
      RETAIL STORES
      $980,000
      Change: -2% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2436
    Latitude
    32.3645
    CBSA code
    33860
    CBSA name
    MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,910
    $60,400
    $277,560
    $337,960
    -
    $302,000
    $1,387,800
    $1,689,800
    View Listing
    More about this property
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