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    100 Gibbons Dr Montgomery, AL 36117

    Source: https://www.saltercompany.com
    For Sale
    $535,000

    1.07-acre commercial lot near I-85. High visibility, ideal for development.

    Property size:
    46,609 SF

    Description

    Added:
    Feb 20, 2025
    Days on Market:
    298
    This exceptional 1.07-acre commercial lot presents a remarkable investment opportunity in Montgomery, Alabama. Strategically located just north of the intersection of I-85 and Atlanta Highway, this property enjoys unparalleled visibility and accessibility. The area boasts a high concentration of hotels and restaurants, ensuring significant foot traffic and potential customer base for any development. The lot's size offers ample space for a variety of commercial ventures. While the property is zoned for commercial use, it's important to note that gas station development is restricted. Detailed zoning information is readily available upon request. This prime location, coupled with its convenient access to major transportation arteries, makes this property an attractive prospect for businesses seeking high visibility and easy access for customers and employees. The asking price is $535,000. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further information regarding the property's zoning and potential uses can be obtained through the appropriate channels.

    Property Features for 100 Gibbons Dr

    General Information

    Property type
    Other land
    Square Feet
    46,609 SF
    Price / Square Foot
    $11
    Elevators
    N/A
    Lot Size
    46,609 SF

    HighLights

    • Prime 1.07‑acre lot ideally situated near I‑85 and Atlanta Highway.
    • High visibility location with abundant nearby hotels and restaurants.
    • $535,000 asking price for this commercially‑zoned land.
    Insight Report Location Intelligence

    Current Use by Public Records

    Microtel Inn & Suites ... Motel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    State
    Alabama
    Longitude
    -87.886799
    Latitude
    30.606851

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    FAQs

    What type of property is this?
    Land - 1.07-acre commercial lot near I-85. High visibility, ideal for development.
    Where is this land located?
    The property is located at 100 Gibbons Dr Montgomery, AL.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: Prime 1.07-acre lot ideally situated near I-85 and Atlanta Highway.; High visibility location with abundant nearby hotels and restaurants.; $535,000 asking price for this commercially-zoned land.
    (251) 342-7229
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    100 Gibbons Dr Montgomery, AL 36117
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    Montgomery, AL 36117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 Gibbons Dr Montgomery, AL 36117
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