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1807 3rd St Montgomery, AL 36106-1507

OFF-MARKET Retail space Google Maps
1,276 SF 0.17 ac lot Built 1930
Entity Owned ~ Est. High Equity
Estimated value (blended)
$85k
Range $77k – $94k (±10%)
Property ID US03-0291048

Property summary

AI-generated overview

This 114,900 dollar commercial property located at 1807 W 3rd Street in Montgomery, Alabama presents a fantastic opportunity for entrepreneurs and business owners. The building boasts a flexible layout, previously utilized as a beauty salon, making it adaptable to a wide range of commercial ventures. Upon entry, a welcoming reception or waiting area sets the tone. Beyond this space, three generously sized rooms offer ample room for operations. One room features a unique advantage: custom-designed styling stations with built-in cabinetry, a testament to thoughtful previous improvements. The property has undergone significant upgrades to both the plumbing and electrical systems, ensuring modern functionality and efficiency for any new business. These upgrades were implemented to meet the demands of the previous tenant. The building sits on a lot with zero acres. The square footage is not specified. The property's versatility, coupled with its recent enhancements, makes it an exceptional investment opportunity in a thriving Montgomery location. Schedule a viewing to explore the potential of this adaptable commercial space and envision your business thriving within its walls.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 1,276 SF
Lot 0.17 ac (7,492 SF)
Zoning code R-60-S
APN 10-04-17-3-010-009.000
UPID US03-0291048

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nail Salon
  • Business Management Consultant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$95k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2026
Last sale
$90,000
5 recorded transactions
2026
$70,000
2023
$90,000
2010
$15,000
2005
Price N/A
1969
Price N/A

Zoning & alternative use

R-60-S · Montgomery, AL
Zoning description

n of chicken brooder houses; and provided no structure, pen or corral housing animals be located closer than 200 ft. to any property line. "G" Any commercial or industrial use not specifically permitted. "H" Townhouses.…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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