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    2026 Old Carter Hill Rd Pike Road, AL 36064

    Sponsored
    For Sale
    $2,240,000

    156 Acres, Two Homes, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 156-acre property in Pike Road, Alabama, presents a remarkable opportunity for residential development. Located at 2026 Old Carter Hill Rd, Montgomery County, zip code 36064, this family-owned land boasts a prime location, zoned AG-1 and RE-Residential, ensuring compatibility with the desirable Pike Road School system. The asking price is $2,240,000, translating to $14,360 per acre. The property includes existing structures, adding to its immediate value and potential: two houses, two barns, and two storage buildings. Four ponds enhance the natural beauty of the landscape. Several hilltop locations offer breathtaking views and ideal sites for custom homes. The property's frontage on Old Carter Hill Road, just south of the Farmington Estate neighborhood entrance, provides excellent accessibility and visibility. The Town of Pike Road Subdivision Code ensures the maintenance of high-quality neighboring properties, contributing to a desirable community atmosphere. This expansive parcel offers significant potential for a master-planned residential development, capitalizing on its central location south of Meriwether Road and north of the intersection of US Highway 82 and US Highway 231. This is a rare opportunity to acquire a substantial tract of land in a highly sought-after area.

    Property Features for 2026 Old Carter Hill Rd

    General Information

    Property type
    Land
    Lot Size
    6,795,360 SF

    HighLights

    • 156‑acre residential development opportunity in Pike Road, AL.
    • Located in Pike Road, zoned AG‑1 and RE‑Residential, within the Pike Road School District.
    • Centrally located south of Meriwether Rd and north of US Hwy 82 & US Hwy 231 intersection.
    • Excellent master‑planned community potential with existing structures (two houses, two barns, two storage buildings) and four ponds.
    • High‑quality neighborhood ensured by Pike Road Subdivision Code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pike Road
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.0946267
    Latitude
    32.2451879

    Nearby Comparable

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      Land on Old Pike Road

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      Prime Pike Road Commercial Land

      6 Acres, I-85 Bypass Access
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      Pike Road Office/Warehouse Opportunity

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    FAQs

    What type of property is this?
    Land - 156 Acres, Two Homes, Prime Location
    Where is this land located?
    The property is located at 2026 Old Carter Hill Rd Pike Road, AL.
    What is the asking price?
    The asking price for this property is $2,240,000.
    What are key features of this property?
    This property features: 156-acre residential development opportunity in Pike Road, AL.; Located in Pike Road, zoned AG-1 and RE-Residential, within the Pike Road School District.; Centrally located south of Meriwether Rd and north of US Hwy 82 & US Hwy 231 intersection.
    Request Owner's contact information
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    Pike Road, AL 36064
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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
    2026 Old Carter Hill Rd Pike Road, AL 36064
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