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    Mclemore Dr & Wares Fry Rd Montgomery, AL 36117

    For Sale
    $4,291,531

    32.84 Acres, B-3 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 32.84-acre commercial land parcel is strategically located at the intersection of McLemore Drive and Wares Ferry Road in East Montgomery, Alabama, zip code 36117. The property boasts excellent visibility and accessibility, making it ideal for a variety of commercial uses. Currently zoned B-3 (Highway Commercial), this site presents a prime opportunity for retail or commercial development. The seller is willing to divide the parcel. The asking price is $4,291,531. This represents a compelling investment opportunity given the property's size, location, and zoning. The property's high-traffic location ensures significant exposure to potential customers. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a substantial commercial land holding in a rapidly growing area of Montgomery. The property's location at a major intersection provides unparalleled access and visibility, making it an attractive proposition for businesses seeking high-impact locations. Serious inquiries only.

    Property Features for 0 Mclemore Dr & Wares Fry Rd

    General Information

    Property type
    Land
    Lot Size
    1,430,510 SF

    HighLights

    • Listed Price: $3.00/SF (Parcel A); Parcel B Sold.
    • 32.84‑acre parcel (Parcel A); Parcel B Sold.
    • B‑3 (Highway Commercial) Zoning.
    • Ideal for Retail/Commercial Development.
    • Excellent Visibility and Accessibility.
    • Exclusive Listing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.1650357
    Latitude
    32.40481

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    FAQs

    What type of property is this?
    Land - 32.84 Acres, B-3 Zoning, High Visibility
    Where is this land located?
    The property is located at Mclemore Dr & Wares Fry Rd Montgomery, AL.
    What is the asking price?
    The asking price for this property is $4,291,531.
    What are key features of this property?
    This property features: Listed Price: $3.00/SF (Parcel A); Parcel B Sold.; 32.84-acre parcel (Parcel A); Parcel B Sold.; B-3 (Highway Commercial) Zoning.
    (334) 271-2475
    Request Owner's contact information
    Mclemore Dr & Wares Fry Rd Montgomery, AL 36117
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    Montgomery, AL 36117
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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
    Mclemore Dr & Wares Fry Rd Montgomery, AL 36117
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