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    John Overton Dr Montgomery, AL 36110

    For Sale
    $74,000

    Prime 0.73-acre lot, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.73-acre commercial lot, located in Montgomery, Alabama (zip code 36110), presents a unique investment opportunity. Situated at the corner of Congressman Dickenson Drive and John Overton Drive, this B-2 zoned property offers unparalleled accessibility and visibility. The lot boasts a substantial 31,772 square feet of land, priced at $2.33 per square foot, totaling an asking price of $74,000. Its strategic location is adjacent to the Montgomery Electricians Fraternal Association and directly across from Gunter Air Force Base, ensuring high traffic and potential for significant return. The property's B-2 zoning allows for a wide range of commercial uses, making it ideal for developers and investors seeking a prime location in a thriving area. This exclusive listing offers a rare chance to acquire a well-positioned commercial lot with excellent potential for future development and growth within Montgomery County. The property's size and zoning make it suitable for a variety of commercial ventures, capitalizing on its proximity to established businesses and a major military installation. Serious inquiries are encouraged.

    Property Features for 0 John Overton Dr

    General Information

    Property type
    Land
    Lot Size
    31,799 SF

    HighLights

    • $74,000 asking price for 0.73‑acre commercial land parcel.
    • B‑2 zoning.
    • Excellent accessibility.
    • Exclusive listing.
    • Land value: $2.33/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2490037
    Latitude
    32.4121759

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    FAQs

    What type of property is this?
    Land - Prime 0.73-acre lot, excellent access.
    Where is this land located?
    The property is located at John Overton Dr Montgomery, AL.
    What is the asking price?
    The asking price for this property is $74,000.
    What are key features of this property?
    This property features: $74,000 asking price for 0.73-acre commercial land parcel.; B-2 zoning.; Excellent accessibility.
    (334) 398-1808
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    John Overton Dr Montgomery, AL 36110
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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
    John Overton Dr Montgomery, AL 36110
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