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Property profile & analytics

1113 Perry Hill Rd Montgomery, AL 36109

  • Strip malls
  • 12,852 SF
  • 1.54 lot acres
Value Estimation
$1,420,000
Last Sale
Jul 23, 2021
$1,595,000
Location Intelligence
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.

Current Use by Public Records

  • Alfa Insurance / Auto Insurance Agency / Dental Insurance Agency
  • Perry Hill Package Store / Liquor Store / Beer Store
  • CoinFlip Bitcoin ATM / Investment Service / Atm
  • Aspire Staffing Inc / Employment Agency
  • 1 Stop Cash for Gold / Loan Agency / Jewelry Buyer

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
Neighborhood 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 Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,335,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,630,000
    6.5%
    $1,465,000
    7%
    $1,475,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,645,000
    Geo Method
    $1,730,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,670,000
    Retail
    $1,445,000
    Mixed-Use
    $1,815,000
    Hospitality
    $1,415,000
    Educational
    $1,500,000
    Residential Income
    $1,825,000
    Energy
    $1,645,000
    Income-Based Land
    $1,730,000
    Food Service
    $1,760,000

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
More about this property
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