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    Property profile & analytics

    1950 Eastern Blvd Montgomery, AL 36117-1614

    • Retail space
    • 140,319 SF
    • 11.35 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-0773864
    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

    • Lowe's ProServices / Building Materials Supplier
    • Lowe's Garden Center / Garden Center
    • Blue Rhino Propane Exchange / Propane Supplier
    • Lowe's Home Improvement / Building Materials Supplier / Grill Store
    • Minute Key / Key Duplication Service

    Property Details for 1950 Eastern Blvd

    Year built
    1994
    Lot size
    11.35 lot acres
    Property size
    140,319 SF
    Zone code
    B-3
    Property type
    Retail space
    APN
    10-06-24-2-002-004.000
    APU
    1006242002004000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2202
    Latitude
    32.3546
    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
    $56,806
    $395,520
    $1,597,000
    $1,992,520
    -
    $1,977,600
    $7,985,000
    $9,962,600

    Comparable in this City

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      RETAIL STORES (PERSONAL SERVICES) • 1,230 SF
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    • Value Estimation
      $145,000
      4,131 SF

      6005 Monticello Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,131 SF
      6005 Monticello Dr, Montgomery, AL 36117-1906
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    • Value Estimation by Request
      16,162 SF

      7944 Atlanta Hwy

      RETAIL STORES (PERSONAL SERVICES) • 16,162 SF
      7944 Atlanta Hwy, Montgomery, AL 36117-4259
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    • Value Estimation
      $12,015,000
      30,077 SF

      7701 Eastchase Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 30,077 SF
      7701 Eastchase Pkwy, Montgomery, AL 36117-6877
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    • Value Estimation
      $1,895,000
      101,236 SF

      1236 Eastdale Mall

      RETAIL STORES (PERSONAL SERVICES) • 101,236 SF
      1236 Eastdale Mall, Montgomery, AL 36117-2154
      View Details
    • Value Estimation
      $1,100,000
      12,330 SF

      2423 Eastern Blvd

      RETAIL STORES (PERSONAL SERVICES) • 12,330 SF
      2423 Eastern Blvd, Montgomery, AL 36117-1505
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      3,150 SF

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      Retail space with excellent visibility and accessibility on Atlanta Highway.
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      3,150 SF

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      Retail space with excellent visibility and accessibility on Atlanta Highway.
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      337,344 SF

      Oliver Creek Retail Center

      Alabama Retail Space: Walmart Shadow Center
      6631-6633 Atlanta Hwy, Montgomery, AL 36117
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    • Contact for pricing

      Retail Space in Eastchase Parkway

      Retail space available in Montgomery's premier retail trade area.
      7330 Eastchase Pkwy, Montgomery, AL 36117
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    • Contact for pricing
      25,678 SF

      Montgomery Promenade Retail Center

      Five Retail Spaces Available Now
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    • Contact for pricing
      2,700 SF

      Retail Spaces on Eastern Boulevard

      Retail spaces available in high-traffic Montgomery location.
      2540-2596 Eastern Blvd, Montgomery, AL 36117
      View Details

    Property Visit Statistics

    • Visits by month
      48.5k
    • Visitors by month
      30.7k
    • Avg Time on site
      32 min
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    1950 Eastern Blvd
    Montgomery, AL 36117-1614
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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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