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    3360 Kessinger Dr Montgomery, AL 36116

    For Sale
    $146,000

    Prime East Montgomery lot, ideal for office/retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.83-acre commercial land parcel, located at 3360 Kessinger Dr in Montgomery, Alabama (zip code 36116), presents a unique investment opportunity. Zoned PUD - Residence Zone (Planned Unit Development), this property is priced at $146,000, translating to $4 per square foot. Situated directly behind a Publix supermarket, the lot benefits from exceptional visibility and convenient access. Its strategic location places it within half a mile of five major shopping centers in East Montgomery: Sturbridge Shopping Center, Festival Plaza, Cornerstone Shopping Center, Halcyon Village, and Pepper Tree Shopping Center. Furthermore, the property is within a half-mile radius of several established and thriving residential neighborhoods, including Wynlakes, Sturbridge, Halcyon Blvd., Wyndridge, Deer Creek, and Billingsley. High traffic counts are a significant advantage, with approximately 31,596 average annual daily traffic (AADT) on Vaughn Road and 44,162 AADT on Taylor Road, both within 0.4 miles of the property. The property's proximity to major roadways, including Interstate 85 (approximately 2 miles away), ensures excellent accessibility. Utilities are available on-site, and other adjacent lots are also available. This property is perfectly suited for office or retail development, offering significant potential for growth and return on investment.

    Property Features for 3360 Kessinger Dr

    General Information

    Property type
    Land
    Lot Size
    36,155 SF

    HighLights

    • $146,000 asking price for 0.83‑acre commercial land lot.
    • PUD (Planned Unit Development) zoning, ideal for office or retail development.
    • Land value: $4/SF.
    • Utilities available on‑site; adjacent lots also available.
    • High traffic counts: 31,596 AADT on Vaughn Road and 44,162 AADT on Taylor Road.
    • Excellent location: within 0.5 miles of five major shopping centers and multiple established neighborhoods in East Montgomery.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.182447
    Latitude
    32.335493

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    FAQs

    What type of property is this?
    Land - Prime East Montgomery lot, ideal for office/retail.
    Where is this land located?
    The property is located at 3360 Kessinger Dr Montgomery, AL.
    What is the asking price?
    The asking price for this property is $146,000.
    What are key features of this property?
    This property features: $146,000 asking price for 0.83-acre commercial land lot.; PUD (Planned Unit Development) zoning, ideal for office or retail development.; Land value: $4/SF.
    Request Owner's contact information
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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
    3360 Kessinger Dr Montgomery, AL 36116
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