415 Clayton St, Montgomery, AL 36104-3341
This exceptional commercial investment opportunity encompasses two parcels totaling three brick buildings situated at 415 Clayton Street and 422 Mobile Street in Montgomery, Alabama's desirable Cottage Hill neighborhood. The property benefits from a highly visible location at a five-point intersection, providing excellent street frontage and accessibility. Its proximity to the newly constructed EJI hotel, cultural center, and the Peace and Justice Memorial positions it to capitalize on the area's burgeoning growth and tourism. The property's potential is further enhanced by its location within a welcoming and thriving community. The three buildings offer significant flexibility for a variety of commercial uses, presenting a unique chance for adaptive reuse or redevelopment. The property is priced at $250,000. An adjacent lot and house on Clayton Street are also potentially available for acquisition, presenting an opportunity to expand the investment footprint. Given the ongoing development and increased visibility in the area, this property represents a compelling investment with significant long-term growth potential. The strategic location and the potential for future appreciation make this a rare opportunity in a rapidly evolving neighborhood. Serious inquiries are encouraged to explore this promising investment prospect.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
T4-0 · Montgomery, ALMontgomery. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.