1515 Eastern Blvd | Montgomery, AL 36117
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- LoopNet Team
1515 Eastern Blvd
Montgomery, AL 36117
Value-Add Retail Building · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Current Leases Are Set to Expire in May of 2023 Providing the Next Owner the Opportunity to Maintain Current Tenants
- The Building Was Originally Occupied By Sam's Club and Was Repositioned in 2012 to House Multiple Tenants
- Strong Demographics With Over 138,000 People and an Average Household Income of $75,299 Within a 5-Mile Radius
- The Property is Currently Zoned For Commercial Use
- Montgomery is the 2nd Largest City in Alabama With a Population of Over 138,000 Residents Within 5-Miles
- Located Directly on the Corner of Eastern Boulevard and Woodmere Boulevard Which Sees Over 56,000+ Vehicles Per Day
PROPERTY FACTS
Property Type
Building Size
117,019 SF
Building Class
B
Year Built/Renovated
1986/2012
Tenancy
Single
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.35
Lot Size
7.75 AC
Zoning
B-3
Parking
250 Spaces (2.14 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 10-06-24-2-001-011.000 | Improvements Assessment | $692,120 |
| Land Assessment | $368,960 | Total Assessment | $1,061,080 |
PROPERTY TAXES
Parcel Number
10-06-24-2-001-011.000
Land Assessment
$368,960
Improvements Assessment
$692,120
Total Assessment
$1,061,080
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