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    Property profile & analytics

    1459 Montgomery Hwy Vestavia Hills, AL 35216

    • Commercial real estate
    • 20,814 SF
    • 0.68 lot acres
    For Lease
    View listing
    $42 SF/Yr
    Value Estimation
    $475,000
    Last Sale
    Jan 31, 2020
    $500,000
    Location Intelligence
    Property ID
    US03-0742069
    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

    • Angeles & Santana's Pine Straw / Landscaper
    • Angeles & Santana's Pinstraw / Gardener

    Property Details for 1459 Montgomery Hwy

    Year built
    1972
    Construction
    CONCRETE
    Lot size
    0.68 lot acres
    Property size
    20,814 SF
    Zone code
    B3
    Property type
    Commercial real estate
    APN
    39-00-01-1-001-002.000
    APU
    3900011001002000

    Description

    This exceptional new retail development, located at 1459 Montgomery Highway in Vestavia Hills, Alabama (zip code 35216), offers 12,433 square feet of space across three single-story buildings. Currently, 5,183 square feet are available for lease, divisible into four units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 5,183 square feet. The property boasts a highly desirable location within Vestavia's thriving commercial corridor on Highway 31. The development features two established anchor tenants, Big Bad Breakfast and Waldo's Chicken & Beer, both with attractive outdoor patios, creating a vibrant and appealing atmosphere. Construction is slated for completion in Fall 2024, with restaurant openings projected for the first quarter of 2025. This presents a unique chance to secure space in a brand-new development alongside successful, established businesses. The property's multiple suite configuration provides flexibility for various retail or restaurant concepts. This is an ideal location for businesses seeking high visibility and access to a strong customer base in a rapidly growing area. The total number of suites in the development is four.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $615,000
      6.5%
      $590,000
      7%
      $630,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $560,000
      Geo Method
      $645,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $670,000
      Retail
      $510,000
      Mixed-Use
      $520,000
      Hospitality
      $595,000
      Educational
      $650,000
      Residential Income
      $665,000
      Energy
      $610,000
      Income-Based Land
      $660,000
      Food Service
      $505,000

    Location Insight

    • Map
    • Local Demand
    City
    Vestavia Hills
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8009
    Latitude
    33.4183
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, 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
    2022
    $11,134
    $119,280
    $1,340
    $120,620
    -
    $596,400
    $6,700
    $603,100

    Comparable in this City

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      2809 Ashley Wood Dr

      COMMERCIAL (GENERAL) • 0.44 Acres
      2809 Ashley Wood Dr, Vestavia Hills, AL 35216-3038
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      1,990 SF

      2324 Rocky Rdg Rd

      COMMERCIAL (GENERAL) • 1,990 SF
      2324 Rocky Rdg Rd, Hoover, AL 35216-3828
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      2.82 Acres

      2639 Rocky Rdg Ln

      COMMERCIAL (GENERAL) • 2.82 Acres
      2639 Rocky Rdg Ln, Vestavia Hills, AL 35216-4809
      View Details
    • Value Estimation
      $2,055,000
      6,008 SF

      3150 Lorna Rd

      COMMERCIAL (GENERAL) • 6,008 SF
      3150 Lorna Rd, Hoover, AL 35216-5421
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      54,710 SF

      Vestavia Hills Retail Space Available

      Prime Retail Center, 3 Spaces Available
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    • $11 SF/Yr
      10,000 SF

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    • $19 SF/Yr
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    • $16 SF/Yr
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      Lorna Road Office Space for Lease

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    • Contact for pricing
      25,428 SF

      Lorna Square Office Suites

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    • $18 SF/Yr
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      Vestavia Hills Office Space Available

      Prime Office/Medical Suites in Vestavia Hills
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      View Details
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    1459 Montgomery Hwy
    Vestavia Hills, AL 35216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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