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    552 Hull St Montgomery, AL 36104

    For Sale
    $99,000

    Two lots, 0.34 acres, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents two commercial lots totaling 0.34 acres, ideally situated in Montgomery, Alabama's Central Business District (CBD), at 552 & 558 S Hull St, zip code 36104. Offered at $99,000, this property boasts a T4-R zoning designation, allowing for diverse commercial uses, including office space and retail establishments. Its strategic location provides easy access to Interstate 85, placing it within close proximity to the state capital and Maxwell Air Force Base. The surrounding area is experiencing significant growth, with approximately 35,826 employees within a one-mile radius, a substantial student population from Troy University Montgomery, and numerous residential and hotel developments underway. This translates to a high concentration of potential customers and tenants, making this a compelling investment in a thriving and expanding market. The property's proximity to the state capital and Maxwell Air Force Base further enhances its appeal and long-term potential. The presence of existing and planned residential units, along with new boutique hotels, underscores the area's dynamic growth and increasing demand for commercial space.

    Property Features for 552 Hull St

    General Information

    Property type
    Land
    Lot Size
    14,810 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.303824
    Latitude
    32.370697

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    FAQs

    What type of property is this?
    Land - Two lots, 0.34 acres, prime location.
    Where is this land located?
    The property is located at 552 Hull St Montgomery, AL.
    What is the asking price?
    The asking price for this property is $99,000.
    (334) 387-2724
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    552 Hull St Montgomery, AL 36104
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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
    552 Hull St Montgomery, AL 36104
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