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    1401 Federal Dr Montgomery, AL 36107

    For Sale
    Contact for pricing

    Prime Commercial/Residential Land, 120 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 120-acre property, formerly the Bonnie Crest Golf and Country Club, presents a unique opportunity for large-scale development in Montgomery, Alabama. Located at 1401 Federal Drive, 36107, this expansive site is zoned for Institutional use and offers significant potential for a variety of projects. The property is currently undergoing subdivision, creating parcels ideal for individual development. A key advantage is the presence of a Walmart Neighborhood Market occupying 12 acres, providing immediate retail amenity for future residents or users of adjacent parcels. Given its size and location, this land is exceptionally well-suited for civic uses, such as a new municipal facility or park. Alternatively, the property's history as a golf course makes it an attractive site for a new golf course community or a similar recreational development. The substantial acreage also lends itself to the creation of a retirement community or a large-scale nursing home/care facility. The property's proximity to Montgomery's city center is a significant benefit, offering easy access to amenities and transportation networks. The availability of such a large, contiguous parcel within close proximity to the city is rare, making this a truly exceptional investment opportunity. The property is situated in Montgomery County, Alabama, and offers a compelling combination of size, location, and zoning flexibility.

    Property Features for 1401 Federal Dr

    General Information

    Property type
    Land
    Lot Size
    5,227,200 SF

    HighLights

    • 120‑acre development site in Montgomery, AL, formerly Bonnie Crest Golf & Country Club.
    • Located at 1401 Federal Drive, 36107, zoned Institutional.
    • Undergoing subdivision into developable parcels.
    • Includes a 12‑acre Walmart Neighborhood Market.
    • Suitable for civic uses, recreational development, or senior living facilities.
    • Prime location near Montgomery's city center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cr3ative Events Studio Event Venue J&J Furniture And Decor Home Goods Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2734285
    Latitude
    32.3978942

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land, 120 Acres
    Where is this land located?
    The property is located at 1401 Federal Dr Montgomery, AL.
    What are key features of this property?
    This property features: 120-acre development site in Montgomery, AL, formerly Bonnie Crest Golf & Country Club.; Located at 1401 Federal Drive, 36107, zoned Institutional.; Undergoing subdivision into developable parcels.
    (334) 270-9177
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    1401 Federal Dr 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
    1401 Federal Dr Montgomery, AL 36107
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