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    Chantilly Pkwy Pike Road, AL 36117

    For Sale
    Contact for pricing

    11 Lots, 32 Acres, Prime Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial land offering comprises eleven individual lots totaling approximately 32.2 acres, situated on Chantilly Parkway in Pike Road, Alabama. The property is zoned B-2, presenting a significant development opportunity in a rapidly expanding area. Pike Road is experiencing robust growth, ranking as the fourth fastest-growing town in Alabama with a 4% annual growth rate. This strategic location offers convenient access to key infrastructure and amenities. The site is approximately 1.4 miles from Eastchase Parkway and roughly 2 miles from Interstate 85, a major thoroughfare boasting an average annual daily traffic count of approximately 49,573 vehicles. Proximity to the Shoppes at Eastchase, numerous retailers, restaurants, hotels, and residential developments further enhances the property's appeal. The area's retail sector draws customers from a four-county metro area with a combined population of approximately 350,000 residents. Lots can be purchased individually or as a whole, making this a versatile investment opportunity in a high-growth corridor of East Montgomery. The property's size ranges from one to thirty-two acres, providing flexibility for various development scenarios. Montgomery County location and 36117 zip code.

    Property Features for 0 Chantilly Pkwy

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Eleven individual lots totaling approximately 32.2 acres in Pike Road, Alabama.
    • B‑2 zoning allows for significant development potential.
    • Prime location on Chantilly Parkway, near Eastchase Parkway and I‑85 (49,573 AADT).
    • Strong demographics: part of a four‑county area with ~350,000 residents, situated in rapidly growing Pike Road (4% annual growth).
    • Lots available for individual or bulk purchase, ranging from 1 to 32 acres.
    • Montgomery County, AL, 36117 zip code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pike Road
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.12161310234
    Latitude
    32.352583410857

    Nearby Comparable

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      Chantilly Pkwy Commercial Land

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      Chantilly Parkway Commercial Land

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    FAQs

    What type of property is this?
    Land - 11 Lots, 32 Acres, Prime Development
    Where is this land located?
    The property is located at Chantilly Pkwy Pike Road, AL.
    What are key features of this property?
    This property features: Eleven individual lots totaling approximately 32.2 acres in Pike Road, Alabama.; B-2 zoning allows for significant development potential.; Prime location on Chantilly Parkway, near Eastchase Parkway and I-85 (49,573 AADT).
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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
    Chantilly Pkwy Pike Road, AL 36117
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