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Property profile & analytics
OFF-MARKET Estimated value $585,000
Banks

2811 Eastern Blvd Montgomery, AL 36116-1021

3,239 SF 0.75 ac lot Built 1981
Entity Owned 1-yr Hold Free & Clear
Property ID
US03-0664873
Property summary
AI-generated overview

This exceptional 3,051 square foot office building, located at 2811 Eastern Blvd in Montgomery, Alabama, presents a compelling investment opportunity. Built in 1981 and situated on a 0.748-acre lot, the property boasts 24 parking spaces and is zoned B-3 (Highway Commercial District), offering significant flexibility for various commercial uses. The building's well-maintained interior and exterior are complemented by its high visibility and accessibility from major transportation routes. Previously used as a bank and executive office space, the layout is adaptable to a variety of office configurations. The property includes three drive-thru lanes, a valuable asset for businesses requiring this feature. With its strategic location in Montgomery, Alabama, and its ample parking, this building offers a strong return on investment for discerning buyers seeking a well-established and versatile commercial property. The asking price is $750,000. This is a rare opportunity to acquire a prime commercial property in a thriving Montgomery location.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1981
Total area 3,239 SF
Lot 0.75 ac (32,539 SF)
Zoning code B-3
APN 10-07-26-1-005-001.000
UPID US03-0664873
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
Current use
Occupant on record · Public records
  • Laurie Ledbetter Loan Service Bank
  • PNC ATM Atm
  • PNC Bank Atm Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$585k
Owner & transaction history
Jcs Financial LLC · 1 yrs held
Jcs Financial LLC
since 2025
Last sale
$645,000
1 recorded transaction
2025
$645,000
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
Top alternative use upside
Commercial (general) $440,000 +145.4%
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