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    Us-331 Montgomery, AL 36105

    For Lease
    $24,000

    Prime Industrial Land near Hyundai

    Lot size:
    1,393,920 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This ±32.5-acre parcel presents a unique investment opportunity for commercial or industrial development. Ideally situated adjacent to the Hyundai Motor Manufacturing facility, which reported $1.5 billion in peak revenue in 2023, this property offers unparalleled access to a major automotive manufacturer and its supply chain. The land is specifically suited for 18-wheeler truck parking, catering to the logistical needs of businesses supporting Hyundai's operations. Its strategic location near the Inland Port Facility of Montgomery further enhances its appeal. Convenient access to major transportation arteries is a key advantage; the property is approximately 3.5 miles from I-65, providing a 90-minute drive to Birmingham and a 2.5-hour drive to Mobile. Furthermore, its proximity to Downtown Montgomery (5.8 miles) offers access to a vibrant urban center with numerous amenities, including the Alabama State Capital, the Equal Justice Initiative, the Montgomery Riverfront, the Montgomery Performing Arts Center, hotels, restaurants, retail, and higher education institutions. The Montgomery Regional Airport, serving approximately 350,000 passengers annually and contributing over $1.2 billion to the local economy, is also conveniently located just 8.3 miles away. This combination of industrial proximity, transportation access, and urban amenities makes this property an exceptional investment opportunity.

    Property Features for 0 Us-331

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,393,920 SF
    Total Rate
    24000

    Unit(s) available at that property

    Space
    Size
    1,393,920 SF
    Rate per SF
    $24,000

    HighLights

    • ±32.5 acres of commercial/industrial land.
    • Suitable for 18‑wheeler truck parking.
    • Adjacent to Hyundai Motor Manufacturing facility.
    • Near Montgomery Inland Port Facility.
    • 3.5 miles from I‑65, providing easy access to Birmingham and Mobile.
    • 5.8 miles from Downtown Montgomery.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.308074710292
    Latitude
    32.288930950839

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land near Hyundai
    Where is this land located?
    The property is located at Us-331 Montgomery, AL.
    What is the lease rate?
    The lease rate is $24,000.
    What are key features of this property?
    This property features: ±32.5 acres of commercial/industrial land.; Suitable for 18-wheeler truck parking.; Adjacent to Hyundai Motor Manufacturing facility.
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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
    Us-331 Montgomery, AL 36105
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