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    1261 Maxwell Blvd Montgomery, AL 36104

    For Sale
    $600,000

    0.75-acre commercial lot, high growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.75-acre commercial land parcel presents a unique development opportunity in Montgomery, Alabama. Located at 1261 Maxwell Blvd, this property boasts a prime location directly across from the new Montgomery Whitewater Park, slated to open in July 2023. The park will feature rafting and kayaking, dining options, extensive bike and walking trails, and a hotel, significantly boosting tourism and economic activity in the area. The property consists of four adjoining lots zoned T4-O, offering flexibility for a variety of commercial developments. Its proximity to Maxwell Air Force Base, with over 12,500 personnel, provides a substantial and stable population base. Furthermore, the property is conveniently located just one mile from Montgomery's vibrant downtown entertainment district, encompassing numerous restaurants, live music venues, the Riverfront Amphitheater, the Montgomery Performing Arts Center (MPAC), Montgomery Biscuits AA Baseball games, and the State Capitol. This area is experiencing a surge in growth and tourism, making this an exceptional investment opportunity. The asking price for this 0.75-acre lot is $600,000. Don't miss this chance to capitalize on the significant growth potential of this thriving Montgomery location. The property's zip code is 36104.

    Property Features for 1261 Maxwell Blvd

    General Information

    Property type
    Land
    Lot Size
    32,670 SF

    HighLights

    • Four contiguous parcels available.
    • Expansion land readily available.
    • High‑growth market area.
    • Excellent location opposite Maxwell Air Force Base and Whitewater Park.
    • One mile from Montgomery's downtown entertainment district.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.333176092921
    Latitude
    32.376693145421

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    FAQs

    What type of property is this?
    Land - 0.75-acre commercial lot, high growth area.
    Where is this land located?
    The property is located at 1261 Maxwell Blvd Montgomery, AL.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Four contiguous parcels available.; Expansion land readily available.; High-growth market area.
    (334) 354-2627
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    1261 Maxwell Blvd Montgomery, AL 36104
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    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
    1261 Maxwell Blvd Montgomery, AL 36104
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