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    Near Taylor Rd Montgomery, AL 36117

    For Sale
    $1,337,750

    Prime residential development land near Taylor Road.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 10.67-acre parcel presents a remarkable opportunity for residential development in Montgomery, Alabama. Strategically located near Taylor Road and adjacent to the established Wildwood Subdivision, this property boasts a highly desirable R-65-M zoning designation, perfect for apartment complexes. The expansive lot size offers significant potential for a substantial project. Utilities are conveniently available on-site, simplifying the development process and reducing upfront costs. The property's proximity to Taylor Road ensures excellent accessibility and visibility, making it an attractive location for future residents. Given its size, zoning, and location, this land represents a compelling investment for developers seeking a prime location in a growing area of Montgomery County. The address is near Taylor Road, Montgomery, AL 36117, with GPS coordinates of 32.3403598 latitude and -86.1794731 longitude. The asking price for this exceptional property is $1,337,750. This is a rare opportunity to acquire a significant tract of land zoned for multi-family residential development in a highly sought-after area.

    Property Features for 0 Near Taylor Rd

    General Information

    Property type
    Land
    Lot Size
    464,785 SF

    HighLights

    • R‑65 zoning designation.
    • On‑site utilities available.
    • Convenient Taylor Road location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.1794731
    Latitude
    32.3403598

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    FAQs

    What type of property is this?
    Land - Prime residential development land near Taylor Road.
    Where is this land located?
    The property is located at Near Taylor Rd Montgomery, AL.
    What is the asking price?
    The asking price for this property is $1,337,750.
    What are key features of this property?
    This property features: R-65 zoning designation.; On-site utilities available.; Convenient Taylor Road location.
    Request Owner's contact information
    Near Taylor 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
    Near Taylor Rd Montgomery, AL 36117
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