You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Strip malls

1162 S Decatur St Montgomery, AL 36104

17,202 SF 1.33 ac lot Built 2002
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US03-0454117
Property summary
AI-generated overview

This exceptional retail property, located at 1162 S Decatur St in Montgomery, Alabama, offers 16,837 square feet of versatile commercial space. Built in 2002 and zoned M-1, this multi-tenant building presents a unique opportunity for businesses seeking high-traffic exposure. Currently, there are five available spaces ranging in size from 1,300 square feet to 11,900 square feet, providing flexibility for various retail concepts. The property boasts a total of 16,837 square feet, with 8,000 square feet currently vacant. Its strategic location in Montgomery County, Alabama, zip code 36104, ensures excellent visibility and accessibility for customers. This property is ideal for businesses seeking a prominent location in a thriving market. The building's modern design and ample space offer a blank canvas for creative retail ventures. The substantial vacant space allows for customization to suit specific business needs, making it an attractive option for expansion or new ventures. This is a rare opportunity to secure prime retail space in a desirable Montgomery location. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional property.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Total area 17,202 SF
Lot 1.33 ac (57,935 SF)
Zoning code O-1
APN 10-04-18-3-011-038.000
UPID US03-0454117
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$403k
Blend (final) Blend
$615k
Owner & transaction history
Jim Massey Real Estate LLC · 13 yrs held
Jim Massey Real Estate LLC
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
O-1 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

42-2003, § 1, 6-3-2003; Ord. No. 17-2014, § 1, 3-4-2014; Ord. No. 40-2014, § 1, 7-1-2014; Ord. No. 48-2015, § 1, 9-1-2015; Ord. No. 32-2023 , § 1, 8-1-2023) Sec. 5. - Office districts. Office Complex O-0, Office Complex O-1, Office Complex O-2 Item Districts O-0 O-1 O-2 Classes of structures or uses permitted A & B A, B & E A & B Classes of structures or use…

Zone name Office District
General category CIVIC_INSTITUTIONAL
Zone area 1,217.54 ac
Source code of ordinances
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message