Property summary
This vacant, 1,420 sq ft gas station, located at 5670 Atlanta Hwy in Montgomery, Alabama (zip code 36117), presents a compelling investment opportunity. Built in 1985 and renovated in 2018, the property sits on a 0.52-acre lot and is zoned B-3. The asking price is $650,000, translating to $457.75 per square foot. The property features a prominent pylon sign, ensuring high visibility. Its strategic location offers significant advantages: it's only 0.3 miles from Eastern Blvd, 1.6 miles from I-85, and within close proximity to major educational institutions – 0.7 miles from Faulkner University (approximately 3,574 students) and 2.2 miles from Auburn University at Montgomery (approximately 5,211 students). The high traffic count on Atlanta Highway (47,730 AADT) further enhances its appeal. This single-tenancy property is offered under a NNN lease structure. The property's Class B designation reflects its solid condition and potential for future growth. This is a rare chance to acquire a well-positioned gas station in a thriving Montgomery market. The property is currently vacant, allowing for immediate customization and tenant selection.
Property profile
VerifiedCap rate & NOI
Current use
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Gas Station
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Atm
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
s is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Montgomery market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Montgomery, ALs is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
s is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-3 in Montgomery, AL.
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