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    7 Malcolm Dr Montgomery, AL 36117

    For Sale
    $226,161

    Prime 0.87-acre B-3 zoned lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.87-acre commercial lot, identified as Lot 7 of Taylor Oaks Plat Number 1, presents a unique investment opportunity in desirable East Montgomery, Alabama. Boasting 37,693.60 square feet, this property is ideally situated near the intersection of Taylor Road and I-85, offering unparalleled access to major transportation arteries. Its strategic location places it in close proximity to the vibrant EastChase area, providing excellent visibility and accessibility to a thriving consumer base. The lot is zoned B-3, opening doors to a wide range of commercial development possibilities. This prime location, combined with its generous size and favorable zoning, makes this property an attractive prospect for businesses seeking a high-impact presence in a rapidly growing area of Montgomery. The asking price for this exceptional commercial land is $226,161.60. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to secure a piece of East Montgomery's burgeoning commercial landscape. The address is Lot 7 Malcolm Drive, Montgomery, AL 36117.

    Property Features for 7 Malcolm Dr

    General Information

    Property type
    Land
    Lot Size
    37,897 SF

    HighLights

    • 0.87‑acre commercial lot zoned B‑3.
    • Located in desirable East Montgomery, AL.
    • Prime location near I‑85 and Taylor Road.
    • $226,161.60 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.1803366
    Latitude
    32.3298678

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    FAQs

    What type of property is this?
    Land - Prime 0.87-acre B-3 zoned lot
    Where is this land located?
    The property is located at 7 Malcolm Dr Montgomery, AL.
    What is the asking price?
    The asking price for this property is $226,161.
    What are key features of this property?
    This property features: 0.87-acre commercial lot zoned B-3.; Located in desirable East Montgomery, AL.; Prime location near I-85 and Taylor Road.
    Request Owner's contact information
    7 Malcolm Dr Montgomery, AL 36117
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    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
    7 Malcolm Dr Montgomery, AL 36117
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