3441 Malcolm Dr Montgomery, AL 36116
- Strip malls
- 18,895 SF
- 2.07 lot acres
Current Use by Public Records
- Tipico De Mexico / Mexican Restaurant
Property Details for 3441 Malcolm Dr
- Year built
- 2007
- Lot size
- 2.07 lot acres
- Property size
- 18,895 SF
- Zone code
- PUD
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 09-09-29-3-000-001.004
- APU
- 909293000001004
Description
Billingsley Promenade offers a prime retail opportunity in a high-growth area of East Montgomery, Alabama. This Class B shopping center, built in 2008, totals 18,200 square feet and sits on a 2.07-acre lot at 3441 Malcolm Dr, Montgomery, AL 36116, conveniently located off Taylor Road near Averiett Drive and just two miles from Interstate 85. The property features a single building with 119 parking spaces and is zoned PUD. Currently, 3,443 square feet of retail space is available, divisible into 1,382 and 2,061 square foot units if needed. This location boasts excellent visibility and accessibility, benefiting from a strong demographic profile. Within a three-mile radius, there are 46,563 residents with an average household income exceeding $80,000, and a projected 5-year growth rate of 10.77%. Recent additions of new elementary and high schools further support the area's growth potential. This is an exceptional opportunity for businesses seeking a well-established location in a thriving community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.18
- Latitude
- 32.3326
- CBSA code
- 33860
- CBSA name
- MONTGOMERY, AL METROPOLITAN STATISTICAL AREA