Commercial Land with On-Site
For Sale
$165,000
7000 Mobile Highway, Montgomery, AL 36105
LAND - Montgomery, AL
Property Size1,100 SF
Lot Size1.30 Acres
Price / SF$150
Days on Market56
Property Features for 7000 Mobile Highway
General Information
Property type
Land
Property subtype
Other
Zoning description
Agricultural, Residential
Vegetation
Wooded
Subdivision
Hope Hull
Lot features
City Lot
Middle school
,
Directions
I-65 South To Hwy 80(Selma Hwy). Travel West On Hwy 80 And Take 1st Exit At Hwy 31(Mobile Hwy). Turn Left And Travel South. Lot Is Located On Your Right Just Before You Get To Hyundai Blvd.
Standard status
Active
APN
14-05-15-0-000-005.000
Lot size
1.30 Acres
Taxes and HOA fees
Tax Description
COM AT NW COR SE 1/4 OF NW 1/4 SEC 15 T15N R17E TH S 300 TO BEG TH S 240 TH SE 200 TO NW ROW MOBILE HWY TH NE 198.5 ALONG SAID ROW TH NW 307.7 TO POB
Tax Annual Amount
201
Legal Description
COM AT NW COR SE 1/4 OF NW 1/4 SEC 15 T15N R17E TH S 300 TO BEG TH S 240 TH SE 200 TO NW ROW MOBILE HWY TH NE 198.5 ALONG SAID ROW TH NW 307.7 TO POB
Listing Agency:
KW Montgomery · Keller Williams Realty
(334) 277-8920
Listed By:
Leandrew Jones, Jr · License #0110680
(334) 277-8920
Added: Jun 18
Changed: Aug 1
Last Checked: Aug 12 at 4:06PM
MLS# 587853
Copyright © 2026 Montgomery Area Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A 1.3-acre wooded commercial land parcel with superior frontage on US Highway 31 includes an existing 1,100± sq. ft. single-family residence. The property is suited for buyers seeking a site that already has an on-site structure, with the option to renovate or expand the residence while evaluating redevelopment of the overall parcel.
The property is located in southwest Montgomery, at 7000 Mobile Highway (near Hyundai Blvd), within close proximity to Amazon fulfillment, Manna Beverage, Hyundai Motor Manufacturing Alabama, and the Meta Data Center. The site’s placement along a major highway corridor and its frontage are intended to support visibility and accessibility for a range of commercial and support uses, subject to approval.
Zoned AGR-1 and residential, the parcel may offer flexibility for redevelopment planning, including an office, retail/restaurant concept, or a support infrastructure hub, subject to applicable zoning rules and permitting. Please verify all zoning and permitted uses with the relevant authorities. View by appointment only.
The property is located in southwest Montgomery, at 7000 Mobile Highway (near Hyundai Blvd), within close proximity to Amazon fulfillment, Manna Beverage, Hyundai Motor Manufacturing Alabama, and the Meta Data Center. The site’s placement along a major highway corridor and its frontage are intended to support visibility and accessibility for a range of commercial and support uses, subject to approval.
Zoned AGR-1 and residential, the parcel may offer flexibility for redevelopment planning, including an office, retail/restaurant concept, or a support infrastructure hub, subject to applicable zoning rules and permitting. Please verify all zoning and permitted uses with the relevant authorities. View by appointment only.
Key Highlights
- 1.3 (+/-) acre wooded lot with frontage on US Highway 31 near Hyundai Blvd
- Existing 1,100 SF single‑family residence on site to renovate or expand
- Zoned AGR‑1 and residential
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,796
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$175,920
$175.9K
Cap Rate 7%
$125,657
$125.7K
Cap Rate 9%
$97,733
$97.7K
Market Conditions
NOI Build-Up for 1,100 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$17.2K $15.60/SF
− Vacancy
−$1.2K −$1.06/SF
EGI
$16.0K $14.54/SF
− OpEx
−$7.2K −$6.54/SF
NOI
$8.8K $8.00/SF
Area
Montgomery, AL
Vacancy
6.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$175,920
Cap Rate 7%
$125,657
Cap Rate 9%
$97,733
Alternative Uses
Best Use
Apartment 5plus
$125.7K
$110.0K – $146.6K
NOI $8,796 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$228.1K
$199.6K – $266.1K
NOI $15,967 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Explore this area
Business Placement
Demographics for 36105, AL
9,961
Population
5,468
Households
1.8
Avg Household Size
44
Median Age
19%
College-Educated
77%
High-School Grad
68.8 sq mi
ZIP Area
145
Density / Sq Mi
$44,438
Median Household Income
$33,340
Median Earnings
$965
Median Rent
$79,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - 1.3-acre wooded parcel with highway frontage and an existing single-family residence for renovation or expansion.
Where is this industrial land located?
The property is located at 7000 Mobile Highway Montgomery, AL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 1.3 (+/-) acre wooded lot with frontage on US Highway 31 near Hyundai Blvd; Existing 1,100 SF single‑family residence on site to renovate or expand; Zoned AGR‑1 and residential
