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    Mclemore Dr Montgomery, AL 36117

    For Sale
    Contact for pricing

    Two prime office lots in East Montgomery.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional offering presents two commercial land parcels ideally situated in East Montgomery, at the corner of McLemore Drive and Mitylene Forest Trail. These lots boast excellent visibility and are zoned O-1 (Office), making them perfect for a variety of office-related developments, including churches. Lot A encompasses approximately 1.5 acres and is listed at $100,000. Lot B, slightly larger at approximately 2 acres, is priced at $130,000. Both properties are located in Montgomery County, Alabama, with a 36117 zip code. The precise address is McLemore Dr, Montgomery, AL. This is an exclusive listing presenting a rare opportunity to acquire high-visibility commercial land in a desirable East Montgomery location. The lots are suitable for office buildings or church facilities, offering significant potential for development and return on investment. The properties are ready for immediate development, providing a streamlined path to realizing your commercial vision. Don't miss this chance to secure these exceptional lots in a thriving area.

    Property Features for 0 Mclemore Dr

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • $100,000 asking price for Lot A, $130,000 for Lot B.
    • Lot A: approximately 1.5 acres; Lot B: approximately 2 acres.
    • O‑1 Office zoning.
    • Suitable for office or church use.
    • High visibility.
    • Exclusive listing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.1717556
    Latitude
    32.3922274

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    FAQs

    What type of property is this?
    Land - Two prime office lots in East Montgomery.
    Where is this land located?
    The property is located at Mclemore Dr Montgomery, AL.
    What are key features of this property?
    This property features: $100,000 asking price for Lot A, $130,000 for Lot B.; Lot A: approximately 1.5 acres; Lot B: approximately 2 acres.; O-1 Office zoning.
    (334) 271-2475
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    Mclemore Dr 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 Montgomery, AL 36117
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