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    1201 Ann St Montgomery, AL 36107

    For Sale
    $750,000

    1.38 Acres, M-1 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.3867-acre commercial lot, located at 1201 Ann Street in Montgomery, Alabama, presents a compelling investment opportunity. The property, with APN numbers 105162011008000, 105162011009000, 105162011010000, 105162011011000, 105162011012001, and 105162011013000, is already cleared and ready for development. Its M-1 zoning allows for a variety of commercial uses, making it suitable for retail or light industrial ventures. The location boasts excellent visibility, with significant road frontage on both Ann Street (219 feet) and Chestnut Street (409 feet). High traffic counts further enhance its appeal: ALDOT 2023 data shows 29,564 vehicles daily on Ann Street and 8,237 on Chestnut Street, with I-85 (0.5 miles away) registering 125,649 daily vehicles. This prime location in the thriving Montgomery area offers a versatile asset for investors seeking to expand their portfolio or capitalize on the city's dynamic commercial market. The asking price for this ready-to-develop lot is $750,000. The property is situated in Montgomery County, Alabama, zip code 36107.

    Property Features for 1201 Ann St

    General Information

    Property type
    Land

    HighLights

    • 1.3867‑acre commercial lot in Montgomery, AL, ready for development.
    • M‑1 zoning allows for retail or light industrial uses.
    • High visibility with 219' of Ann Street frontage and 409' of Chestnut Street frontage.
    • High traffic counts: Ann Street (29,564 VPD), Chestnut Street (8,237 VPD), I‑85 (0.5 miles, 125,649 VPD).
    • Asking price: $750,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alabama Pain and Injury ... Chiropractor Samuel Peavy Chiropractor Samuel L. Peavy, ... Chiropractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2709604
    Latitude
    32.3671385

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    FAQs

    What type of property is this?
    Land - 1.38 Acres, M-1 Zoning, High Visibility
    Where is this land located?
    The property is located at 1201 Ann St Montgomery, AL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 1.3867-acre commercial lot in Montgomery, AL, ready for development.; M-1 zoning allows for retail or light industrial uses.; High visibility with 219' of Ann Street frontage and 409' of Chestnut Street frontage.
    (334) 315-1382
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    1201 Ann St Montgomery, AL 36107
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    Montgomery, AL 36107
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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
    1201 Ann St Montgomery, AL 36107
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