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    62 9Th St Montgomery, AL 36104

    Sponsored
    For Sale
    $695,000

    8-Acre Flex Space, Rail Access

    Property size:
    13,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8-acre industrial property in Montgomery, Alabama, presents a unique investment opportunity. Located in an Opportunity Zone, this site offers significant potential for redevelopment or continued use as a flex space. The property encompasses 13,000 square feet of existing building space distributed across three structures, providing immediate usability. The expansive 348,480 square foot lot allows for substantial expansion or the construction of new facilities. The property's M3 zoning permits a wide range of industrial uses. Its strategic location offers convenient access to downtown Montgomery, a significant advantage for logistics and distribution businesses. A key feature is the readily available rail access, enhancing transportation efficiency and cost-effectiveness. The vacant status of the property allows for immediate occupancy and customization to suit specific business needs. This combination of existing buildings, ample land, and prime location makes this an attractive proposition for investors and businesses seeking a foothold in the thriving Montgomery market. The Opportunity Zone designation offers additional tax advantages, further enhancing the investment appeal. This property is ready for immediate development or operational use.

    Property Features for 62 9Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    13,000 SF

    Building Details

    Buildings
    3

    HighLights

    • $695,000 asking price.
    • 13,000 square foot industrial property with three buildings.
    • Vacant, offering immediate occupancy.
    • Located on an 8‑acre (348,480 sq ft) lot in Montgomery, AL.
    • M3 zoning.
    • Features rail access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Primo Construction LLC Paving Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.3095659
    Latitude
    32.4070203

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    FAQs

    What type of property is this?
    Distribution property - 8-Acre Flex Space, Rail Access
    Where is this distribution property located?
    The property is located at 62 9Th St Montgomery, AL.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: $695,000 asking price.; 13,000 square foot industrial property with three buildings.; Vacant, offering immediate occupancy.
    Request Owner's contact information
    62 9Th St Montgomery, AL 36104
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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
    62 9Th St Montgomery, AL 36104
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