3150 Watchman Dr Montgomery, AL 36116-1399
This exceptional 3,670-square-foot restaurant space is available for purchase at $399,000. Located at 3150 Watchman Drive in Montgomery, Alabama (zip code 36116), this single-unit, Class C retail property sits on a 0.39-acre lot. Built in 1990, the one-story building is currently vacant and offers ample parking for both employees and customers. The property is zoned O-1 & B-4, making it suitable for a variety of restaurant or similar uses. Its convenient location in desirable East Montgomery offers excellent visibility and accessibility. The property enjoys proximity to key areas, including Vaughn Road and Bell Road, The Shoppes at Eastchase (approximately 2.6 miles), Interstate 85 (approximately 2.7 miles), and Auburn University at Montgomery (AUM) (approximately 2.7 miles). The property's location also provides easy access to downtown Montgomery (approximately 8.3 miles). This is a fantastic opportunity to acquire a well-situated restaurant property in a thriving area of Montgomery. The lease type is NNN, and the property features one building with a total of 3,670 square feet. The APN is 09 09 30 4 000 002.003. This is a turn-key opportunity for an owner-operator or investor seeking a prime location in a high-traffic area.
-
Ric & Moes Restaurant
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
PGH-40 · Montgomery, ALMontgomery. Always verify with local authorities before improvements.
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.