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Property profile & analytics
OFF-MARKET Estimated value $900,000
Strip malls

3251 Malcolm Dr Montgomery, AL 36116-8816

9,865 SF 0.98 ac lot Built 2005
Entity Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US03-0328646
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,865 SF
Lot 0.98 ac (42,732 SF)
Zoning code PUD
APN 09-09-29-3-000-001.008
UPID US03-0328646
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
  • Huntington Learning Center Montgomery Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$900k
Owner & transaction history
Schilleci Eastchase LLC · 10 yrs held
Schilleci Eastchase LLC
since 2015
3 recorded transactions
2015
$870,100
2005
Price N/A
2004
Price N/A
Zoning & alternative use
PUD · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

PUD Planned Unit Development Classes of structures permitted: Single-family dwellings. Residential structures containing two, three, or four family units. Apartments for any number of families. Townhouses. Classes of structures permitted with specific recommendation of the planning commission: Restaurants; stores selling food, general merchandise, apparel, f…

Zone name Planned Unit Development
General category PLANNED_DEVELOPMENT
Zone area 10,321.37 ac
Source code of ordinances
Top alternative use upside
Medical building $1.4M +76.6%
Retail stores $965,000 +26.6%
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