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    I-85 Waugh Pike Rd Montgomery, AL 36117

    For Sale
    Contact for pricing

    17.3 Acres, High-Visibility Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 17.3-acre commercial land parcel presents a unique investment opportunity in one of Alabama's fastest-growing areas: Pike Road. Strategically located at Exit 16 of I-85, this property boasts unparalleled visibility to high-volume interstate traffic, ensuring maximum exposure for any development. Situated in Montgomery County, near Montgomery, AL (zip code 36117), the site benefits from convenient access to major transportation arteries and a thriving community. All city utilities are available, simplifying infrastructure development. The land is priced at $10-$19 per square foot, reflecting its prime location and development potential. This property is ideal for a variety of commercial uses, including retail and hospitality establishments. The seller will consider dividing the parcel to accommodate various development plans, offering flexibility for potential buyers. This is a rare chance to acquire a highly visible and strategically located commercial land parcel in a rapidly expanding market. The property's address is I-85 at Exit 16, Waugh, Pike Road, Montgomery, Alabama. Latitude and longitude coordinates are 32.3822577, -86.1914604 respectively.

    Property Features for I-85 Waugh Pike Rd

    General Information

    Property type
    Land
    Lot Size
    753,588 SF

    HighLights

    • High visibility from I‑85.
    • Full city utilities available.
    • Divisible space available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.1914604
    Latitude
    32.3822577

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    FAQs

    What type of property is this?
    Land - 17.3 Acres, High-Visibility Commercial Land
    Where is this land located?
    The property is located at I-85 Waugh Pike Rd Montgomery, AL.
    What are key features of this property?
    This property features: High visibility from I-85.; Full city utilities available.; Divisible space available.
    (334) 244-2527
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    I-85 Waugh Pike Rd Montgomery, AL 36117
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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
    I-85 Waugh Pike Rd Montgomery, AL 36117
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