3731 Malcolm Dr
Montgomery, AL 36116
Newtopia · Retail Property For Sale

EXECUTIVE SUMMARY
Strategic acquisition of a 2.25-acre commercial campus at the "Gateway to Pike Road"—the fastest-growing residential corridor in Alabama (HHI $95k+). The offering includes a 14,400 SF high-efficiency anchor facility (Built 2018) and a contiguous 1.05-acre B-3 zoned development parcel.
INVESTMENT HIGHLIGHTS
- Strategic Development Arbitrage: Contiguous 1.05 AC parcel is zoned B-3 (Intensive Commercial), master-planned for a 7,500 SF retail/medical pad with high-visibility Malcolm Drive frontage.
- Institutional Infrastructure: 14,400 SF masonry/steel building featuring a rare clear-span, column-free interior with approx. 20' vertical clearance. 100% climate-controlled.
- The "Parking Solution": Unified site plan provides approx. 120 paved spaces (6.0/1k ratio), satisfying high-density regional assembly and sports requirements that competitive retail strips cannot accommodate.
- Proven Destination Performance: Currently home to "Newtopia Fun Park," a highly-rated, profitable indoor entertainment center. This serves as a "Proof of Concept" for high-traffic viability and affluent demographic capture.
TARGET USE-CASE TRACKS
The asset is conceptually master-planned for three high-yield "Triple-Vision" tracks with zero structural modifications required:
1. Boutique Indoor Pickleball: Column-free layout for 6–8 pro courts; masonry shell provides superior acoustics and glare-free lighting.
2. Religious/Assembly Campus: 400-seat sanctuary capacity with dedicated Phase 2 land for a youth center or community annex.
3. Medical/ABA Clinic: Specialized pediatric or diagnostic facility benefiting from the secure windowless shell and proximity to the Taylor Road medical corridor.
PRICING RATIONALE
Offered at $3,400,000. This basis represents a significant discount to 2026 "New Construction" replacement costs ($280+/SF) while offering immediate operational yield and significant equity upside through the development of the B-3 frontage.