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    Property profile & analytics

    3040 Eastern Blvd Montgomery, AL 36116-1518

    • Retail space
    • 12,221 SF
    • 2.75 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Last Sale
    Dec 14, 2021
    $600,000
    Location Intelligence
    Property ID
    US03-0962481
    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

    • MA Fitness / Gym
    • PERCY BROWN'S INSTITUTE OF TAE KWON DO / Martial Arts School
    • Kash Kinetics Dance / Dance School
    • M.A. Fitness Center / Gym / Public Sauna

    Property Details for 3040 Eastern Blvd

    Year built
    1972
    Lot size
    2.75 lot acres
    Property size
    12,221 SF
    Zone code
    B-3
    Property type
    Retail space
    APN
    10-07-26-4-004-001.000
    APU
    1007264004001000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $580,000
      6.5%
      $645,000
      7%
      $575,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $665,000
      Geo Method
      $620,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $560,000
      Mixed-Use
      $630,000
      Hospitality
      $590,000
      Educational
      $545,000
      Residential Income
      $720,000
      Energy
      $545,000
      Income-Based Land
      $565,000
      Food Service
      $645,000

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2292
    Latitude
    32.3377
    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
    $7,826
    $52,840
    $105,880
    $158,720
    -
    $264,200
    $529,400
    $793,600

    Comparable in this City

    • Value Estimation by Request
      23,769 SF

      5251 Hampstead High St

      RETAIL STORES (PERSONAL SERVICES) • 23,769 SF
      5251 Hampstead High St, Montgomery, AL 36116-6744
      View Details
    • Value Estimation
      $1,040,000
      83,177 SF

      2270 Es Blvd

      RETAIL STORES (PERSONAL SERVICES) • 83,177 SF
      2270 Es Blvd, Montgomery, AL 36116-2485
      View Details
    • Value Estimation
      $170,000
      4,720 SF

      755 Es Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,720 SF
      755 Es Blvd, Montgomery, AL 36116-2305
      View Details
    • Value Estimation
      $345,000
      2,170 SF

      2720 Es Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,170 SF
      2720 Es Blvd, Montgomery, AL 36116-2512
      View Details
    • Value Estimation
      $210,000
      6,832 SF

      2680 Es Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,832 SF
      2680 Es Blvd, Montgomery, AL 36116-2530
      View Details
    • Value Estimation
      $845,000
      3,422 SF

      7821 Vaughn Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,422 SF
      7821 Vaughn Rd, Montgomery, AL 36116-6703
      View Details

    Similar Nearby for Sale

    • $1,500,000
      11,064 SF

      Retail Property on High-Traffic Corner

      Highly visible retail property with two access points and traffic.
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    • $2,300,000
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      Former Winn-Dixie, 51,130 SF, High Traffic
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    • $550,000
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      Net-leased restaurant; 8% cap rate.
      3795 Eastern Blvd, Montgomery, AL 36116
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    • $549,000
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      Montgomery Retail Investment Opportunity

      Vacant Retail Building, High Traffic Area
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    • $150,000
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      7,500 SF commercial building on high-visibility corner lot.
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    Similar Nearby for Lease

    • 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
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    • $16 SF/Yr
      18,200 SF

      Billingsley Promenade Retail Space

      East Montgomery retail center, 3,443 sq ft available.
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      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
    • $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
    • $8 SF/Yr
      221,630 SF

      Montgomery Towne Center Retail Space

      Prime Montgomery retail space available. Multiple units, flexible sizes.
      4049-4075 Eastern Blvd, Montgomery, AL 36116
      View Details
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    Montgomery, AL 36116-1518
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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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