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    Ray Thorington Rd Montgomery, AL 36117

    Sponsored
    For Sale
    $910,000

    Prime 36.4-acre commercial lot, ideal for various uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 36.4-acre parcel presents a unique investment opportunity in Montgomery, Alabama. Situated in the Deer Creek subdivision at the intersection of Ray Thorington Road and Deer Creek Crossing, this property boasts excellent visibility and immediate possession. The land is zoned PUD (Planned Unit Development), offering flexibility for a range of development projects. Utilities and street improvements are already in place, simplifying the development process and reducing upfront costs. The asking price is $910,000, translating to a land value of $0.57 per square foot. Potential uses include single-family residential development, a church, assisted living facility, or senior housing. The property's location in Montgomery County, Alabama, zip code 36117, provides convenient access to major transportation routes and amenities. This is an exclusive listing offering a rare chance to acquire a sizable, well-located commercial tract ready for immediate development. The latitude and longitude coordinates are 32.3174884 and -86.1387215 respectively.

    Property Features for 0 Ray Thorington Rd

    General Information

    Property type
    Land
    Lot Size
    1,585,584 SF

    HighLights

    • Ideal for single‑family, church, assisted living, or senior housing.
    • High visibility from the street.
    • Property available for immediate occupancy.
    • Exclusively listed with our brokerage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.1387215
    Latitude
    32.3174884

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    FAQs

    What type of property is this?
    Land - Prime 36.4-acre commercial lot, ideal for various uses.
    Where is this land located?
    The property is located at Ray Thorington Rd Montgomery, AL.
    What is the asking price?
    The asking price for this property is $910,000.
    What are key features of this property?
    This property features: Ideal for single-family, church, assisted living, or senior housing.; High visibility from the street.; Property available for immediate occupancy.
    (334) 271-2475
    Request Owner's contact information
    Ray Thorington Rd 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
    Ray Thorington Rd Montgomery, AL 36117
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