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Property profile & analytics
OFF-MARKET
Turn key restaurants

850 Eastern Blvd Montgomery, AL 36117-1915

4,934 SF 1.32 ac lot Built 1979
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-2811323
Property summary
AI-generated overview

This vacant 3,332 square foot retail property, built in 2018, presents a unique investment opportunity in Montgomery, Alabama. Located at 850 N Eastern Blvd, in Montgomery County, zip code 36117 (32.4061842, -86.2140828), this former Burger King restaurant is ideally suited for a quick-service restaurant or fast-food operation. The asking price is $1,675,000, translating to $502.70 per square foot. The property is currently vacant, offering immediate occupancy for a new tenant. Its strategic location within a high-traffic area ensures excellent visibility and accessibility for customers. The building's 2018 construction ensures modern amenities and minimal deferred maintenance, reducing upfront capital expenditures for the new owner. This turnkey opportunity allows for a swift transition into operation, minimizing downtime and maximizing return on investment. The property's size and layout are well-suited for a variety of QSR concepts, making it an attractive option for both established and emerging brands. This is a rare chance to acquire a well-positioned, ready-to-occupy commercial property in a thriving Alabama market.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,934 SF
Lot 1.32 ac (57,543 SF)
Zoning code B-4
APN 10-06-13-1-009-019.000
UPID US03-2811323
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
  • Jan's Beach House Grill Restaurant
  • Burger King Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Commercial Investments Al II LLC · 1 yrs held
Commercial Investments Al II LLC
since 2024
6 recorded transactions
2024
$845,000
2024
Price N/A
2018
$594,000
2018
$338,000
2018
$362,500
2014
Price N/A
Zoning & alternative use
B-4 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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