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    Property profile & analytics

    2933 Eastern Blvd Montgomery, AL 36116-1023

    • Strip malls
    • 9,968 SF
    • 1.58 lot acres
    OFF-MARKET
    Value Estimation
    $1,010,000
    Last Sale
    Sep 02, 2020
    $1,000,000
    Location Intelligence
    Property ID
    US03-0325883
    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

    • US Coast Guard Recruiting / Military Recruiting Office

    Property Details for 2933 Eastern Blvd

    Year built
    2002
    Lot size
    1.58 lot acres
    Property size
    9,968 SF
    Zone code
    B-3
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    10-07-26-1-005-002.006
    APU
    1007261005002006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,025,000

    • CAP approach

      CAP return
      Estimation
      6%
      $965,000
      6.5%
      $1,045,000
      7%
      $1,020,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,000,000
      Geo Method
      $910,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $875,000
      Retail
      $1,115,000
      Mixed-Use
      $960,000
      Hospitality
      $1,155,000
      Educational
      $935,000
      Residential Income
      $1,030,000
      Energy
      $1,085,000
      Income-Based Land
      $1,015,000
      Food Service
      $845,000

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2256
    Latitude
    32.3391
    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
    $6,946
    $82,620
    $99,520
    $182,140
    -
    $413,100
    $497,600
    $910,700

    Comparable in this City

    • Value Estimation
      $5,245,000
      22,578 SF

      2807 Es Blvd

      SHOPPING CENTER, STRIP CENTER • 22,578 SF
      2807 Es Blvd, Montgomery, AL 36116-2513
      View Details
    • Value Estimation
      $2,245,000
      12,526 SF

      8001 Vaughn Rd

      SHOPPING CENTER, STRIP CENTER • 12,526 SF
      8001 Vaughn Rd, Montgomery, AL 36116-6713
      View Details
    • Value Estimation
      $420,000
      12,875 SF

      4436 Troy Hwy

      SHOPPING CENTER, STRIP CENTER • 12,875 SF
      4436 Troy Hwy, Montgomery, AL 36116-4106
      View Details
    • Value Estimation
      $745,000
      25,964 SF

      7825 Vaughn Rd

      SHOPPING CENTER, STRIP CENTER • 25,964 SF
      7825 Vaughn Rd, Montgomery, AL 36116-6709
      View Details
    • Value Estimation
      $405,000
      5,810 SF

      5770 Bell Rd

      SHOPPING CENTER, STRIP CENTER • 5,810 SF
      5770 Bell Rd, Montgomery, AL 36116-4113
      View Details
    • Value Estimation
      $360,000
      5,454 SF

      3131 Bell Rd

      SHOPPING CENTER, STRIP CENTER • 5,454 SF
      3131 Bell Rd, Montgomery, AL 36116-1371
      View Details

    Similar Nearby for Sale

    • $3,300,000
      57,700 SF

      Montgomery Retail Investment Opportunity

      Fully occupied 57,700 SF retail building in Montgomery, Alabama.
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    • Contact for pricing
      95,300 SF

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      Retail space with high traffic and strong consumer base.
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    • $550,000
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      Net-leased restaurant; 8% cap rate.
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    • $2,300,000
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      Prime Montgomery Retail Space

      Former Winn-Dixie, 51,130 SF, High Traffic
      4025 Eastern Blvd, Montgomery, AL 36116
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    • $1,500,000
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      Retail Property on High-Traffic Corner

      Highly visible retail property with two access points and traffic.
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    • $549,000
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      Montgomery Retail Investment Opportunity

      Vacant Retail Building, High Traffic Area
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    Similar Nearby for Lease

    • $16 SF/Yr
      18,200 SF

      Billingsley Promenade Retail Space

      East Montgomery retail center, 3,443 sq ft available.
      3441 Malcolm Dr, Montgomery, AL 36116
      View Details
    • $8 SF/Yr
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      Montgomery Towne Center Retail Space

      Prime Montgomery retail space available. Multiple units, flexible sizes.
      4049-4075 Eastern Blvd, Montgomery, AL 36116
      View Details
    • $20 SF/Yr
      61,878 SF

      Vaughn Plaza Retail Space

      61,878 SF shopping center with high occupancy and traffic.
      5040 Vaughn Rd, Montgomery, AL 36116
      View Details
    • Contact for pricing
      25,200 SF

      Halcyon Village Retail Center

      Prime Montgomery Retail Space - Two Units Available
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      View Details
    • Contact for pricing
      190,554 SF

      Governor Square Retail Center

      Montgomery, AL Shopping Center - 87,342 SF Available
      2681 South Blvd, Montgomery, AL 36116
      View Details
    • Contact for pricing
      10,000 SF

      Montgomery Commons Retail Space

      High-traffic retail center, 3,700 SF available
      3889-3897 Eastern Blvd, Montgomery, AL 36116
      View Details
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    Montgomery, AL 36116-1023
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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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