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    Halcyon Pointe Dr Montgomery, AL 36117

    For Sale
    $2,190,000

    Prime development land, excellent location, flexible zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 39-acre commercial land parcel presents a unique investment opportunity in Montgomery, Alabama. Located off Halcyon Pointe Drive, this property boasts convenient access to I-85, placing it within easy reach of a thriving commercial corridor. Currently zoned O-1 and R-60-s, the land offers significant flexibility for various development projects. The zoning allows for multiple uses, and rezoning for alternative purposes may be possible. Its strategic location near Halcyon Office Park provides excellent connectivity and visibility. The area is rich with amenities, including numerous hotels, restaurants, retail establishments, and Auburn University Montgomery (with an enrollment of 7,000 students). The proximity to Baptist East Medical Center further enhances its appeal. This large, subdividable tract is priced competitively at $2,190,000, translating to $1.29 per square foot or $56,154 per acre. Negotiable terms are available. This value-driven property offers substantial potential for developers seeking a prime location with versatile zoning and strong surrounding infrastructure. The property's address is Halcyon Pointe Dr, Montgomery, AL 36117, within Montgomery County.

    Property Features for 0 Halcyon Pointe Dr

    General Information

    Property type
    Land
    Lot Size
    1,698,840 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.16204731
    Latitude
    32.36488489

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    FAQs

    What type of property is this?
    Land - Prime development land, excellent location, flexible zoning.
    Where is this land located?
    The property is located at Halcyon Pointe Dr Montgomery, AL.
    What is the asking price?
    The asking price for this property is $2,190,000.
    (334) 270-9177
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    Halcyon Pointe Dr 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
    Halcyon Pointe Dr Montgomery, AL 36117
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