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    Patton Ave At Norman Brg Rd Montgomery, AL 36111

    For Sale
    $350,000

    Three prime commercial lots, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional opportunity presents three contiguous outparcels totaling 37,500 square feet, situated within the thriving Normandale Shopping Center in Montgomery, Alabama. Each parcel measures approximately 150 feet by 250 feet, offering excellent visibility and accessibility from East Patton Avenue at Norman Bridge Road, zip code 36111. The location provides high traffic counts and proximity to established businesses, making it an attractive site for a variety of commercial ventures. The asking price for the entire assemblage is $350,000. The flat, usable land is ready for immediate development, presenting a unique chance to capitalize on a prime location in a growing market. The parcels' dimensions and location make them particularly well-suited for a convenience store or similar retail establishment. This is a rare opportunity to acquire a strategically positioned commercial land parcel in a high-traffic area of Montgomery, Alabama. Don't miss this chance to secure a valuable asset in a dynamic commercial environment. The property is located in Montgomery County, Alabama.

    Property Features for 0 Patton Ave At Norman Brg Rd

    General Information

    Property type
    Land

    HighLights

    • $350,000 asking price.
    • 37,500 square foot land parcel.
    • Located in Montgomery, Alabama, at E Patton Ave and Norman Bridge Rd, zip code 36111.
    • Three outparcels available, each approximately 150' x 250', fronting E Patton Avenue.
    • Ideal for a convenience store.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.299016851993
    Latitude
    32.334262655339

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    FAQs

    What type of property is this?
    Land - Three prime commercial lots, ideal for retail.
    Where is this land located?
    The property is located at Patton Ave At Norman Brg Rd Montgomery, AL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 37,500 square foot land parcel.; Located in Montgomery, Alabama, at E Patton Ave and Norman Bridge Rd, zip code 36111.
    (334) 244-2527
    Request Owner's contact information
    Patton Ave At Norman Brg Rd 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
    Patton Ave At Norman Brg Rd Montgomery, AL 36111
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