501 Cloverdale RdMontgomery, AL 36106

Property Details for 501 Cloverdale Rd

Year built

2007

Property size (Sq ft)

5,456 SF

Zone code

B-1-A

Property type

Office buildings

APN

10-04-19-1-003-009.504

APU

1004191003009504

Description

This exceptional Class A retail space, totaling 1,102 square feet, is situated within the vibrant A&P development in Montgomery, Alabama. Located at 500 Cloverdale Road, zip code 36106, this property offers a unique opportunity for businesses seeking a high-visibility location. The space is currently vacant and ready for immediate occupancy. The A&P development is a thriving mixed-use community, featuring 32 loft residential units, diverse restaurants, shops, and other retail establishments, creating a bustling and attractive environment for customers and employees alike. This ensures high foot traffic and exposure for your business. The property's convenient location in the heart of Cloverdale provides easy access to a large customer base, while its proximity—less than three miles—to downtown Montgomery offers further reach and accessibility. Ideal for retail boutiques or small professional offices, this space presents a compelling opportunity to establish or expand your business in a dynamic and desirable area of Montgomery. The property is classified as retail with an office subtype and is part of a multiple tenancy building. Montgomery County is the location of this property.

• CAP approach

  CAP return

  Valuation

  6%

  $720,900

  6.5%

  $665,446

  7%

  $617,914

• Comparable approach

  Method

  Valuation

  Relative Method

  $925,397

  Geo Method

  $1,064,247

• Alternative Use

  Use

  Valuation

  Residential

  $825,153

  Hospitality

  $755,836

  Educational

  $628,847

  Medical

  $650,474

  Retail

  $978,206

Location Insight

City

Montgomery

County

Montgomery

State

Alabama

Latitude

32.3587

Longitude

-86.2982

CBSA code

33860

CBSA name

MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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