1113 Perry Hill Rd Montgomery, AL 36109
For Lease
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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.
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lands at service stations is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial B-3 Item Districts B-2 B-3 Classes of business or services permitted A, B & C A, B & C Classes of business or servic…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Montgomery, ALlands at service stations is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial B-3 Item Districts B-2 B-3 Classes of business or services permitted A, B & C A, B & C Classes of business or services which may be permitted on appeal D & G D & G Classes of business or services res
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.