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Property profile & analytics
FOR LEASE
Strip malls

2715 Eastern Blvd Montgomery, AL 36117

97,430 SF 2 ac lot Built 1984
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US03-0880872
Property summary
AI-generated overview

Twin Oaks Retail Center, a Class C strip center in Montgomery, Alabama, presents a unique investment opportunity. Located at 2715 Eastern Blvd, this 97,000 square foot property sits on a 7-acre lot at a highly visible corner of Vaughn Road and Eastern Blvd, one of Montgomery's busiest intersections. The center boasts excellent parking and visibility, enhanced by convenient service road access. Currently, the center features a mix of national tenants including T.J. Maxx, Party City, Dollar General, and Popeye's. Two spaces are currently available, totaling 1,702 square feet. The property benefits from exceptional traffic counts, with approximately 44,000 average annual daily traffic (AADT) on Eastern Blvd. Its strategic location is just 1.5 miles from Interstate 85, providing easy access for customers and employees. This established retail center offers a strong foundation for future growth and profitability in a thriving Montgomery County market. The property's size and tenant mix make it an attractive option for investors seeking a stable and well-located retail investment. The zip code is 36117.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Total area 97,430 SF
Lot 2 ac (87,120 SF)
Zoning code B-3
APN 10-06-24-3-001-010.000
UPID US03-0880872
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
$1.78M
Blend (final) Blend
$1.86M
Owner & transaction history
Pdq Montgomery LLC · 8 yrs held
Pdq Montgomery LLC
since 2018
2 recorded transactions
2018
$2.5M
2005
Price N/A
Zoning & alternative use
B-3 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

s 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 permitte…

Zone name Highway Commercial District
General category COMMERCIAL
Zone area 2,459.81 ac
Source code of ordinances
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