6971 Eastchase LoopMontgomery, AL 36117

Property Details for 6971 Eastchase Loop

Year built

2003

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.71 AC

Property size (Sq ft)

4,980 SF

Zone code

PUD

Property type

Retail space

APN

09-05-21-2-000-001.017

APU

905212000001017

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $948,331

  6.5%

  $875,382

  7%

  $812,855

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,447,925

  Geo Method

  $2,447,925

• Alternative Use

  Use

  Valuation

  Residential

  $738,418

  Hospitality

  $676,387

  Educational

  $562,746

  Medical

  $582,100

  Retail

  $875,382

Location Insight

City

Montgomery

County

Montgomery

State

Alabama

Latitude

32.3599

Longitude

-86.1698

CBSA code

33860

CBSA name

MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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