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    Monticello Dr. & Monticello Park Montgomery, AL 36117

    For Sale
    Contact for pricing

    Prime industrial land near I-85 & Eastern Blvd.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional offering presents two contiguous lots totaling between 0.5 and 2.71 acres of industrial land in Montgomery, Alabama. Located at the intersection of Monticello Dr. and Monticello Park, this property boasts a highly desirable location within a major retail area, providing excellent visibility and accessibility. The land is zoned B-2 (Business District), making it suitable for a variety of industrial uses, including a flex building with ample yard space. The strategic positioning offers easy access to key transportation arteries: Eastern Boulevard, with an average annual daily traffic count of approximately 58,000 vehicles, and Interstate 85, boasting an approximate 99,940 AADT. The property's proximity to these major thoroughfares ensures convenient access for employees, customers, and supply chains. The land is priced at $68,069 per acre, presenting a compelling investment opportunity in a thriving commercial corridor. Parcel numbers are 10 06 13 4 001 001.002 and 10 06 13 4 001 001.008. This location is approximately 0.2 miles from Eastern Boulevard and 0.4 miles from I-85. This is an ideal site for businesses seeking high visibility and convenient access to major transportation routes in a robust retail environment.

    Property Features for 0 Monticello Dr. & Monticello Park

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • Excellent flex building location with ample yard space.
    • Easy access to Eastern Blvd and I‑85.
    • Situated in a major retail corridor.
    • High traffic counts: 58,000+ AADT on Eastern Blvd.
    • Less than a quarter mile to Eastern Boulevard.
    • High traffic counts: 99,940+ AADT on I‑85.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2073564
    Latitude
    32.3652529

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    FAQs

    What type of property is this?
    Land - Prime industrial land near I-85 & Eastern Blvd.
    Where is this land located?
    The property is located at Monticello Dr. & Monticello Park Montgomery, AL.
    What are key features of this property?
    This property features: Excellent flex building location with ample yard space.; Easy access to Eastern Blvd and I-85.; Situated in a major retail corridor.
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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
    Monticello Dr. & Monticello Park Montgomery, AL 36117
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