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    Property profile & analytics

    3201 Atlanta Hwy Montgomery, AL 36109

    • Drive through restaurants
    • 2,144 SF
    • 0.44 lot acres
    For Lease
    View listing
    $14 SF/Yr
    Value Estimation
    $190,000
    Last Sale
    Jun 20, 2023
    $215,001
    Location Intelligence
    Property ID
    US03-0764124
    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

    • Drive through restaurants

    Property Details for 3201 Atlanta Hwy

    Year built
    1961
    Lot size
    0.44 lot acres
    Property size
    2,144 SF
    Zone code
    B-2
    Property type
    Drive through restaurants
    APN
    10-02-09-1-007-010.000
    APU
    1002091007010000

    Description

    This exceptional 2,115-square-foot retail space is ideally situated at 3201 Atlanta Highway in Montgomery, Alabama, within Montgomery County (zip code 36109). Built in 1961, the property offers a single-tenant occupancy opportunity, with the entire building currently vacant and ready for immediate lease. The property's convenient location provides excellent visibility and accessibility for businesses seeking a strong presence in a thriving commercial area. The building's total square footage is 2,115 square feet, providing ample space for a variety of retail uses. This presents a unique chance for businesses to establish themselves in a well-established area of Montgomery. The property is classified as commercial retail and is a single-tenant building. Its location offers significant potential for growth and success, making it an attractive investment for businesses looking to expand or establish a new location. The property's age suggests a potential for renovation or modernization to suit a tenant's specific needs. Interested parties are encouraged to explore the possibilities this prime retail space offers. The property is available for lease and presents a compelling opportunity for businesses seeking a prominent location in Montgomery, Alabama. Further details are available upon request.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $205,000

    • CAP approach

      CAP return
      Estimation
      6%
      $145,000
      6.5%
      $160,000
      7%
      $140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $150,000
      Geo Method
      $135,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $150,000
      Retail
      $160,000
      Mixed-Use
      $155,000
      Hospitality
      $145,000
      Educational
      $145,000
      Residential Income
      $150,000
      Energy
      $150,000
      Income-Based Land
      $155,000
      Food Service
      $145,000

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2641
    Latitude
    32.3842
    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
    $3,223
    $26,680
    $39,560
    $66,240
    -
    $133,400
    $197,800
    $331,200

    Comparable in this City

    • Value Estimation
      $350,000
      2,286 SF

      5376 Atlanta Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,286 SF
      5376 Atlanta Hwy, Montgomery, AL 36109-3324
      View Details
    • Value Estimation
      $415,000
      3,681 SF

      1041 Perry Hl Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,681 SF
      1041 Perry Hl Rd, Montgomery, AL 36109-4500
      View Details
    • Value Estimation
      $385,000
      4,144 SF

      4030 Atlanta Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,144 SF
      4030 Atlanta Hwy, Montgomery, AL 36109
      View Details
    • Value Estimation
      $290,000
      3,257 SF

      2601 Cong W L Dickinson Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,257 SF
      2601 Cong W L Dickinson Dr, Montgomery, AL 36109-1105
      View Details
    • Value Estimation
      $2,385,000
      2,116 SF

      5380 Atlanta Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,116 SF
      5380 Atlanta Hwy, Montgomery, AL 36109-3324
      View Details
    • Value Estimation
      $2,530,000
      2,168 SF

      5401 Atlanta Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,168 SF
      5401 Atlanta Hwy, Montgomery, AL 36109-3325
      View Details

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      Prime Montgomery Retail Space

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    Montgomery, AL 36109
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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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