Property profile

3763 Norman Bridge Rd Montgomery, AL 36111

OFF-MARKET
Retail properties & Spaces
Property ID
US03-3048816
42,168 SF 3.59 ac lot Built 1956
Individually Owned 2-yr Hold
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Property summary

AI-generated overview

This exceptional 42,168-square-foot freestanding building presents a compelling investment opportunity in Montgomery, Alabama. Constructed in 1956, the property sits on a 3.59-acre lot and is zoned B-3 for Highway Commercial use, offering significant potential for retail development or expansion. The asking price is $299,000, translating to $7.09 per square foot. Its prime location within the bustling Montgomery area ensures high visibility and accessibility. The building's substantial size and flexible zoning make it suitable for a variety of retail uses. This property is ideally situated to capitalize on the area's growth and strong commercial activity. The property's historical context combined with its future potential makes it a standout investment prospect. This is a rare chance to acquire a significant retail space in a thriving market. The property is located in a Qualified Opportunity Zone, offering additional investment incentives. Don't miss this chance to secure a prominent presence in this dynamic commercial area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1956
Total area 42,168 SF
Lot 3.59 ac (156,380 SF)
UPID US03-3048816

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3763 Norman Bridge Rd Montgomery, AL 36111
Montgomery metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
1 recorded transaction
2024
$60,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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