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Property profile & analytics
FOR SALE
Grocery and convenience stores

4501 Troy Hwy Montgomery, AL 36116

2,832 SF 0.77 ac lot Built 1955
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US03-0658861
Property summary
AI-generated overview

This exceptional commercial land offering presents multiple lots ranging from 43,560 to 130,680 square feet, strategically located at the high-visibility intersection of Highway 231 and Bell Road in Montgomery, Alabama (zip code 36116). The property is zoned B-2, making it suitable for a variety of retail uses. The site boasts excellent visibility and high traffic counts, driven in part by the proximity of Brewbaker Primary and Middle School on Bell Road, resulting in strong morning traffic. Demand in this area is high for businesses such as fast food restaurants, auto parts stores, gas stations, and convenience stores. Pricing is competitive, with the corner lot available at $11.50 per square foot and other lots priced at $9.50 per square foot. The corner lot offers the advantage of frontage on both Highway 231 and Bell Road. This presents a unique opportunity for businesses seeking a prominent location with significant foot and vehicle traffic. The total acreage available varies, with lot sizes ranging from approximately one acre to just over three acres. This prime location offers exceptional potential for retail development.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1955
Total area 2,832 SF
Lot 0.77 ac (33,600 SF)
Zoning code M-1
APN 15-01-02-1-003-001.000
UPID US03-0658861
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
  • Krispy Krunchy Chicken Restaurant
  • Exxon Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$620k
Owner & transaction history
Kemtucky Holdings LLC · 2 yrs held
Kemtucky Holdings LLC
since 2023
Last sale
$50,000
5 recorded transactions
2024
Price N/A
2023
$50,000
2021
$422,825
2016
$110,000
2016
$500
Zoning & alternative use
M-1 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $385,000 +76.6%
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