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    Eastern Blvd At Troy Hwy Montgomery, AL 36116

    For Sale
    $475,000

    High-traffic retail land, B-2 zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This 0.56-acre commercial land parcel is located at the intersection of Eastern Boulevard and Troy Highway in Montgomery, Alabama (zip code 36116). Situated within the Montgomery Towne Center, this property benefits from exceptionally high traffic counts, making it ideal for retail or commercial development. The B-2 zoning allows for a diverse range of uses. The location offers excellent visibility and accessibility from major roadways, enhancing its appeal to potential businesses. The surrounding area is a thriving mix of residential and commercial properties, including Stivers Ford, Executive Park Offices, Trenholm State Tech College, various furniture stores, Loveless Magnet School, and numerous single-family homes and apartment complexes within a five-mile radius. This prime location provides convenient access to a variety of dining and retail options, catering to a large and diverse customer base. The ample space allows for the construction of a retail pad or other commercial development, presenting a significant opportunity for investors and developers.

    Property Features for 0 Eastern Blvd At Troy Hwy

    General Information

    Property type
    Land
    Lot Size
    24,394 SF

    HighLights

    • B‑2 zoning allows for versatile retail and commercial uses.
    • Large site ideal for retail pad or commercial construction.
    • Excellent visibility and accessibility from main roads.
    • Strategic location within a thriving mix of residential and commercial properties.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.239465331352
    Latitude
    32.327092024726

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    FAQs

    What type of property is this?
    Land - High-traffic retail land, B-2 zoning
    Where is this land located?
    The property is located at Eastern Blvd At Troy Hwy Montgomery, AL.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: B-2 zoning allows for versatile retail and commercial uses.; Large site ideal for retail pad or commercial construction.; Excellent visibility and accessibility from main roads.
    (334) 354-2627
    Request Owner's contact information
    Eastern Blvd At Troy Hwy Montgomery, AL 36116
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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
    Eastern Blvd At Troy Hwy Montgomery, AL 36116
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