1325 Federal DrMontgomery, AL 36107

Property Details for 1325 Federal Dr

Year built

1960

Construction

STEEL FRAME

Lot size

0.32 AC

Property size (Sq ft)

1,558 SF

Zone code

B-2

Property type

Retail properties

Property subtype

Retail space

APN

10-02-04-2-002-003.000

APU

1002042002003000

Description

This exceptional 1,450-square-foot retail building, situated on a 0.33-acre lot in Montgomery, Alabama, presents a fantastic opportunity for entrepreneurs. Located at 1325 Federal Drive, this single-tenant property boasts prime visibility and accessibility, with 12,928 cars passing daily. Its strategic location in North Central Montgomery, just 2.2 miles from I-85, places it within easy reach of a large customer base. The property is surrounded by thriving businesses, including a nearby Walmart, Food Outlet, Life Storage, and a soon-to-be-completed Circle K, ensuring consistent foot traffic and brand visibility. The building is classified as Class C and features one story. The B2 zoning allows for a variety of commercial uses, making it ideal for a range of businesses. All utilities—water, sewer, gas, and electric—are readily available. The property's convenient location, coupled with its ample space and high traffic count, makes it an exceptional investment opportunity for those seeking a thriving retail space in a bustling Montgomery neighborhood. The building is currently vacant and ready for immediate occupancy. This is a rare opportunity to establish or expand your business in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $296,696

  6.5%

  $273,873

  7%

  $254,311

• Comparable approach

  Method

  Valuation

  Relative Method

  $765,837

  Geo Method

  $765,837

• Alternative Use

  Use

  Valuation

  Residential

  $231,023

  Hospitality

  $211,615

  Educational

  $176,062

  Medical

  $182,117

  Retail

  $273,873

Location Insight

City

Montgomery

County

Montgomery

State

Alabama

Latitude

32.3967

Longitude

-86.2731

CBSA code

33860

CBSA name

MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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