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Property profile & analytics

613 Eastern Blvd Montgomery, AL 36117-2215

  • Strip malls
  • 4,911 SF
  • 0.52 lot acres
OFF-MARKET
Value Estimation
$495,000
Last Sale
Dec 23, 2024
$475,000
Location Intelligence
Property ID
US03-0332395
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Strip malls

Property Details for 613 Eastern Blvd

Year built
1984
Construction
WOOD
Lot size
0.52 lot acres
Property size
4,911 SF
Zone code
B-3
Property type
Strip malls
Property subtype
Neighborhood centers
APN
10-01-01-1-002-002.002
APU
1001011002002002

Description

This exceptional retail opportunity is located at 613 N. Eastern Blvd in Montgomery, Alabama, within Montgomery County. The property boasts a total of 4,768 square feet, offering multiple tenancy options. Currently, there are two available spaces, each measuring 1,200 square feet, representing a total of 2,400 square feet of vacant space. The minimum divisible space is 1,200 square feet, and the maximum contiguous space available is also 1,200 square feet. Built in 1984, this property sits on a half-acre lot (0.5 acres). Its strategic location on Northern Blvd and near Lagoon Park provides excellent visibility and accessibility. The high traffic volume of the area is further emphasized by the reported 40,082 Average Annual Daily Traffic (AADT) on nearby Lagoon Commercial Blvd. This makes it an ideal location for businesses seeking high foot traffic and strong brand visibility. The property's multi-tenant nature offers flexibility for various retail concepts. This is a rare opportunity to secure a well-positioned retail space in a thriving Montgomery location. The property's zip code is 36117.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $475,000
  • CAP approach

    CAP return
    Estimation
    6%
    $530,000
    6.5%
    $495,000
    7%
    $560,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $430,000
    Geo Method
    $550,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $640,000
    Retail
    $590,000
    Mixed-Use
    $615,000
    Hospitality
    $580,000
    Educational
    $530,000
    Residential Income
    $605,000
    Energy
    $600,000
    Income-Based Land
    $590,000
    Food Service
    $620,000

Location Insight

  • Map
  • Local Demand
City
Montgomery
County
Montgomery
State
Alabama
Longitude
-86.2133
Latitude
32.4
CBSA code
33860
CBSA name
MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,048
$27,280
$89,240
$116,520
-
$136,400
$446,200
$582,600
More about this property
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