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    433 Madison Ave Montgomery, AL 36104

    For Sale
    $540,000

    Vacant Mixed-Use Building, High Traffic

    Property size:
    3,706 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional mixed-use property at 433 Madison Ave in Montgomery, Alabama, presents a unique investment opportunity. Boasting 3,706 square feet, this vacant building features a desirable retail space with an office and waiting area, perfect for a variety of businesses. The property sits on a 0.37-acre lot and includes two buildings, offering ample space and potential for expansion or multi-tenant occupancy. The T4-O zoning permits a range of uses, making it highly adaptable to diverse business needs. Conveniently located in the heart of downtown Montgomery, this property benefits from exceptional visibility and high traffic volume, with Madison Avenue boasting an average annual daily traffic count of approximately 15,210 vehicles. On-site parking is available for both employees and customers, adding to its appeal. Its strategic location offers easy access to major transportation arteries, being only 1.2 miles from I-65 and 1.1 miles from I-85. Furthermore, its proximity to Maxwell Air Force Base (3.9 miles), serving 25,000 active duty personnel, guards, reserves, contractors, and retirees, and the Air Force University, with an annual attendance of 20,000, provides a substantial and stable potential customer base. The asking price for this prime retail and mixed-use property is $540,000. The property is currently vacant, offering immediate occupancy for the new owner. The building features three bays, providing flexibility in layout and design.

    Property Features for 433 Madison Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,706 SF
    Lot Size
    16,117 SF

    Building Details

    Buildings
    2

    HighLights

    • Prime downtown Montgomery location with office and waiting area.
    • Three‑bay building offering flexible layout.
    • On‑site employee and customer parking.
    • 3.9 miles from Maxwell Air Force Base and Air Force University, serving a combined 45,000 personnel and students.
    • 1.2 miles from I‑65 and 1.1 miles from I‑85.
    • High traffic count on Madison Avenue (approx. 15,210 AADT).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Import Car Sales ... Car Repair And Maintenance Service Aysams' Import Auto ... Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.303006
    Latitude
    32.3802002

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    FAQs

    What type of property is this?
    Mixed-use property - Vacant Mixed-Use Building, High Traffic
    Where is this mixed-use property located?
    The property is located at 433 Madison Ave Montgomery, AL.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: Prime downtown Montgomery location with office and waiting area.; Three-bay building offering flexible layout.; On-site employee and customer parking.
    Request Owner's contact information
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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
    433 Madison Ave Montgomery, AL 36104
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