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    Mcgehee Rd Montgomery, AL 36111

    For Sale
    Contact for pricing

    4.5-acre commercial lot, prime Montgomery location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.5-acre commercial land parcel is ideally situated on McGehee Road in Montgomery, Alabama, zip code 36111. Zoned B-3 (Highway Commercial District), this vacant lot presents a unique investment opportunity with high visibility and strong growth potential. The property boasts excellent proximity to major thoroughfares, including East South Boulevard (Highway 80) and Troy Highway (Highway 231), which experience an average combined daily traffic count of 40,000 vehicles. This ensures significant exposure for any future development. The location is surrounded by established residential neighborhoods, providing a built-in customer base. Furthermore, the property benefits from its strategic position directly across the street from a highly-ranked public high school and technical college, Loveless Academic Magnet Program High School (LAMP), creating a substantial and consistent population flow. The impending relocation of two Montgomery Public Schools to a nearby former mall location next fall is expected to further enhance the area's appeal and desirability. This presents a compelling opportunity for developers seeking a high-traffic, well-located site in a rapidly developing area of Montgomery. The property's size and zoning allow for a wide range of commercial uses, making it an attractive investment for various business ventures.

    Property Features for 0 Mcgehee Rd

    General Information

    Property type
    Land
    Lot Size
    196,020 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2575935
    Latitude
    32.3377258

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    FAQs

    What type of property is this?
    Land - 4.5-acre commercial lot, prime Montgomery location.
    Where is this land located?
    The property is located at Mcgehee Rd Montgomery, AL.
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    Mcgehee Rd Montgomery, AL 36111
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    Montgomery, AL 36111
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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
    Mcgehee Rd Montgomery, AL 36111
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