613 Eastern Blvd Montgomery, AL 36117-2215
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.
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 B-3 Item Districts B-2 B-3 Classes of business or services permitted A, B & C A, B & C Classes of business or services which may be permitte…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property 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 B-3 Item Districts B-2 B-3 Classes of business or services permitted A, B & C A, B & C Classes of business or services which may be permitted on appeal D & G D & G Classes of business or services restricted E & F E & F Mini
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.