Technical
Financial
Distress signals
Property profile

6971 Eastchase Loop Montgomery, AL 36117

FOR SALE
Retail space
Property ID
US03-0725247
4,980 SF 0.71 ac lot Built 2003
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Exceptional investment opportunity: a vacant 5,040-square-foot storefront located at 6971 Eastchase Loop in Montgomery, Alabama. This single-story, 2003-built property sits on a 0.69-acre lot and is zoned PUD. The asking price is $1,250,000, translating to $248.02 per square foot. The property boasts a prime location within The Shoppes at Eastchase, a thriving retail center attracting over 6.1 million visitors annually. Anchored by major retailers like Dillard's, Target, Kohl's, and H&M, the center also features numerous national tenants including Costco, Old Navy, Dick's Sporting Goods, and more. This high-traffic area benefits from its proximity to affluent neighborhoods such as Wynlakes, Sturbridge, Halcyon, and Wynhurst. Strategic location advantages include approximately 0.2 miles from Taylor Road (with approximately 43,762 AADT traffic count), 0.5 miles from I-85, and 1.2 miles from Auburn University Montgomery (with 3,757 undergraduate students). This presents a unique chance to acquire a retail space in a rapidly growing area of Montgomery, offering significant potential for future growth and return on investment. The property is currently vacant and available for immediate occupancy under a NNN lease.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,980 SF
Lot 0.71 ac (31,058 SF)
Zoning code PUD
APN 09-05-21-2-000-001.017
UPID US03-0725247

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician

Location

6971 Eastchase Loop Montgomery, AL 36117
Montgomery metro Census 5412 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$850k
Comparable Approach Comparable
$847k
Blend (final) Blend
$525k

Owner & transaction history

since 2018
1 recorded transaction
2018
$2.2M

Zoning & alternative use

PUD · Montgomery, AL
Zoning description

PUD Planned Unit Development Classes of structures permitted: Single-family dwellings. Residential structures containing two, three, or four family units. Apartments for any number of families. Townhouses. Classes of str…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Medical building $715,000 +47.8%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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