Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land with Development Potential Title is generated by Realmo AI

    4300 VIRGINIA LOOP Road, Montgomery, AL 36116

    View on Map
    Claim this Listing
    For Sale
    $325,000

    Over 5 acres with road frontage and existing structures.

    Type:Commercial/Industrial
    Property size:
    6,754 SF
    Lot size:
    5.00 Acres
    Price / SF:
    $48/SF
    Added:
    Nov 18, 2024
    Days on Market:
    555
    Last Refresh:
    May 19 at 8:56 pm

    Property Features for 4300 VIRGINIA LOOP Road

    General Information

    Standard status
    Active
    Size
    6,754 SF
    Lot size
    5.00 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1955

    We can help!

    Listing Contact
    Al Keith

    Listing agent Al Keith License #0079374

    Listing office Tri-County Signature Homes,LLC

    Listing date Nov 18, 2024

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Tri-County Signature Homes,LLC

    HighLights

    • Over 5 acres of land with development potential.
    • Excellent location with quick access to HWY 231.
    • Almost 300 feet of road frontage on Virginia Loop Road.
    • Existing structures totaling over 6,754 square feet.
    • Price reduced by $100,000.
    • Three existing buildings (2525 sq ft, 1980 sq ft, and 1620 sq ft).

    Overview

    This property, featuring over 5 acres of land, presents development opportunities. It includes almost 300 feet of road frontage on Virginia Loop Road. Previously used as a church property, the site could be redeveloped into a small residential subdivision or commercial retail space. The property includes three structures: a 2525-square-foot building (formerly a church), and additional buildings of approximately 1980 and 1620 square feet, for a combined square footage of over 6,754 square feet. The location offers quick access to HWY 231.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2394
    Latitude
    32.3213

    Nearby Similar for Sale

    • $750,000
      24,642 SF

      Versatile Facility on Scenic Acres

      Multi-functional property with auditorium, office spaces, and family-friendly features.
      4870 Woodley Road, Montgomery, AL 36116
      View Details
    • $225,000
      1,296 SF

      Prime Corner-Lot Commercial Property

      Highly visible corner-lot commercial property in the heart of downtown.
      900 Adams Avenue, Montgomery, AL 36104
      View Details
    • $510,000
      4,108 SF

      Renovated Commercial Building, Flexible Layout

      Remodeled commercial building with flexible layout and income potential.
      6322 Woodmere Boulevard, Montgomery, AL 36117
      View Details
    • $680,000
      4,897 SF

      Multi-Tenant Building in Montgomery, AL

      Multi-tenant building with recent renovations and ample parking.
      7010 Fulton Court, Montgomery, AL 36117
      View Details
    • $499,000
      6,508 SF

      Montgomery Commercial Office Building For Sale

      Well-maintained office building in Montgomery's business district with high visibility.
      4249 Lomac Street, Montgomery, AL 36106
      View Details
    • $449,900
      7,359 SF

      Versatile Mixed-Use Property in Montgomery

      7,300+ sqft mixed-use property with commercial and residential potential.
      414 Perry Hill Road, Montgomery, AL 36109
      View Details
    • $590,000
      7,842 SF

      Multifamily Investment Property Opportunity

      Well-maintained multifamily property with strong income potential in Montgomery, AL.
      5768 Carmichael Parkway, Montgomery, AL 36117
      View Details
    • $2,500,000

      Prime Development Land on Chantilly

      13.64 acres with high visibility in growing Pike Road.
      002 CHANTILLY Parkway, MONTGOMERY, AL 36064
      View Details
    • $250,000

      Montgomery Land Near Interstate 85

      1.1 acre lot near I-85, ideal for development.
      8137 Decker Lane, Montgomery, AL 36117
      View Details
    • $198,700

      Commercial Building in Montgomery, AL

      Commercial building with high visibility and easy interstate access.
      33 East South St., Montgomery, AL 36104
      View Details
    • $275,000
      3,600 SF

      Downtown Commercial Property on Adams Avenue

      Versatile 1,296 SF commercial building in Montgomery's Centennial Hill corridor.
      900 Adams Ave, Montgomery, AL 36104
      View Details
    • $1,200,000

      Prime Commercial Land Opportunity

      Commercial land with high visibility and strong growth potential.
      4115 Wetumpka Highway, Montgomery, AL 36110
      View Details

    FAQs

    What type of property is this?
    Commercial land - Over 5 acres with road frontage and existing structures.
    Where is this commercial land located?
    The property is located at 4300 VIRGINIA LOOP Road Montgomery, AL.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Over 5 acres of land with development potential.; Excellent location with quick access to HWY 231.; Almost 300 feet of road frontage on Virginia Loop Road.
    (334) 324-0324
    We can help!
    Listing Contact
    Al Keith
    Real Estate License ID: 0079374
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4300 VIRGINIA LOOP Road, Montgomery, AL 36116
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!