2715 Taylor Rd Montgomery, AL 36117-6849
Property Lookup
Property profile & analytics
2715 Taylor Rd Montgomery, AL 36117-6849
- Drive through restaurants
- 3,056 SF
- 1.19 lot acres
Property ID
US03-3150033
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.
Location Intelligence
Current Use by Public Records
- Hardee's / Restaurant / Take-out & Catering
Property Details for 2715 Taylor Rd
- Year built
- 2004
- Lot size
- 1.19 lot acres
- Property size
- 3,056 SF
- Zone code
- B-3
- Property type
- Drive through restaurants
- APN
- 09-09-29-1-000-002.006
- APU
- 909291000002006
Description
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Hardee's/Carl's Jr. restaurant in Montgomery, Alabama. The property boasts a 3,056 square foot building on a 1.11-acre lot, constructed in 2004. The current lease, commenced August 29, 2008, has a remaining term of approximately 4.1 years, with a lease expiration date of December 31, 2028. The lease includes four to five-year renewal options and features a 10% rent increase every five years during the base term. The property's strong location in a high-density retail corridor, near Interstate 85 and numerous national brands such as Starbucks, Publix, and McDonald's, ensures high visibility and consistent traffic. Recent development of a Walmart and new shopping center adjacent to the property further enhances its value and potential for increased foot traffic. The asking price is $1,872,579, representing a compelling 7.25% cap rate and a price per square foot of $612.75. The property benefits from favorable demographics, with approximately 103,019 people within a 5-mile radius and an average annual household income exceeding $103,000 within a 1-mile radius. This is a passive income investment with the tenant responsible for all expenses. The property's strong tenant, Carl's Jr./Hardee's, a major national QSR brand, provides stability and long-term growth potential.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.1786
- Latitude
- 32.3403
- 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
$10,701
$115,840
$104,480
$220,320
-
$579,200
$522,400
$1,101,600
