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    Pike Rd Pike Road, AL 36064

    For Sale
    $240,000

    Prime 6-acre lot, excellent development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 6-acre (±) land parcel is situated in Pike Road, Alabama, Montgomery County, and is offered at $240,000 ($40,000 per acre). The property boasts approximately 310 feet of wooded frontage, providing a tranquil and secluded setting. Currently unzoned, this versatile land presents a unique opportunity for various development possibilities. Potential uses could include a church, office space, or warehouse, subject to local zoning regulations and approvals. Its convenient location offers easy access from two streets, enhancing its accessibility and appeal. The property's address is E. Pike Road, Pike Road, AL 36064, with GPS coordinates of 32.31721 latitude and -86.0953161 longitude. This is a remarkable opportunity for investors and developers seeking a substantial land holding in a desirable location. The property's size and potential uses make it an attractive investment for those seeking to build and develop in a growing area. Serious inquiries are encouraged to explore the possibilities of this unique property.

    Property Features for 0 Pike Rd

    General Information

    Property type
    Land
    Lot Size
    261,360 SF

    HighLights

    • $240,000 ($40,000 per acre) asking price.
    • 6± acre land parcel.
    • 310± feet of wooded frontage.
    • Unzoned; potential uses include church, office, or warehouse (subject to zoning).
    • Convenient access from two streets.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pike Road
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.0953161
    Latitude
    32.31721

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - Prime 6-acre lot, excellent development potential.
    Where is this land located?
    The property is located at Pike Rd Pike Road, AL.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: $240,000 ($40,000 per acre) asking price.; 6± acre land parcel.; 310± feet of wooded frontage.
    Request Owner's contact information
    Pike Rd Pike Road, AL 36064
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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
    Pike Rd Pike Road, AL 36064
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