2720 Poplar St Montgomery, AL 36107-3012
This 9,163 square foot retail strip center, built in 2021, presents a compelling investment opportunity in Montgomery, Alabama. Located at 2720 Poplar St, near the intersection of Chestnut Street, this property boasts a prime location with excellent visibility and accessibility. The center features two available spaces, ranging from 1,500 to 4,000 square feet, ideal for a variety of retail businesses. A significant portion of the center is currently vacant, offering substantial potential for immediate income generation. The property sits on a 1.56-acre lot and includes a fully fenced parking lot, enhancing security and convenience for tenants and customers. Its strategic location offers easy access to major thoroughfares, including Zelda Road and Interstate 85 (within 0.2 miles), ensuring high traffic flow. The center benefits from proximity to established national retailers such as Wal-Mart, Ross, Burlington, Chick-fil-A, Burger King, and Dunkin' Donuts, creating a synergistic retail environment. The property is zoned B2 within Montgomery County, providing flexibility for various commercial uses. This is an exceptional opportunity to acquire a well-located, newer retail center with significant upside potential. The existing infrastructure and high-traffic location make this an attractive investment for both seasoned and emerging investors.
lands at service stations 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 servic…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Montgomery, ALlands at service stations 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 permitted on appeal D & G D & G Classes of business or services res
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.