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    University Ct Montgomery, AL 36117

    For Sale
    $170,000

    Four 1.57-acre commercial lots near I-85

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional offering presents four individually platted commercial lots totaling 1.57 acres, ideally situated just one block from Taylor Road in Montgomery, Alabama, and conveniently close to I-85 Exit 9. Each lot boasts approximate dimensions of 100' x 170', with a B-3 zoning designation allowing for diverse commercial and retail uses, including office space and daycare facilities. The asking price is $170,000, translating to a land value of $2.50 per square foot. This presents a unique opportunity for investors to purchase all four lots together or individually. The property offers immediate possession, excellent accessibility, and is listed exclusively. The seller is AUM Climate Control, LLC. This prime location provides easy access to major transportation routes and a thriving commercial area, making it an attractive investment opportunity with high potential for return.

    Property Features for 0 University Ct

    General Information

    Property type
    Land
    Lot Size
    68,389 SF

    HighLights

    • Seller: AUM Climate Control, LLC
    • Sales Price: $2.50/SF
    • Lot Dimensions: Approx. 100' x 170' each
    • Zoning: B‑3, allowing office, retail, and daycare uses
    • Best Use: Office, retail, or daycare
    • Exclusive Listing
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.16775264
    Latitude
    32.37000786

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    FAQs

    What type of property is this?
    Land - Four 1.57-acre commercial lots near I-85
    Where is this land located?
    The property is located at University Ct Montgomery, AL.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: Seller: AUM Climate Control, LLC; Sales Price: $2.50/SF; Lot Dimensions: Approx. 100' x 170' each
    (334) 271-2475
    Request Owner's contact information
    University Ct 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
    University Ct Montgomery, AL 36117
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