Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Montgomery Hwy Centreville, AL 35042

    For Sale
    $190,000

    Build your dream multi-family community.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3.8-acre parcel presents a prime opportunity for multi-family development in Centreville, Alabama. Located in Bibb County, on Montgomery Highway, this flat, cleared lot boasts approximately 350 feet of road frontage, offering excellent visibility and accessibility. The property's R-2 zoning permits residential construction, making it ideal for apartments, townhouses, or other multi-unit dwellings. A significant advantage is its proximity to Centreville Middle School – a mere 0.3 miles away, easily walkable and conveniently accessible via a pedestrian tunnel beneath the two-lane Montgomery Highway, ensuring safe passage for residents. All utilities, including sewer, are readily available at the roadside, simplifying the development process and minimizing infrastructure costs. The asking price for this exceptional property is $190,000. This location offers a unique blend of convenience, safety, and development potential, making it an attractive investment for discerning builders and developers. The property's size and zoning make it suitable for a variety of multi-family projects, catering to the growing demand for housing in the area. Don't miss this chance to acquire a highly desirable and strategically located land parcel.

    Property Features for 0 Montgomery Hwy

    General Information

    Property type
    Land
    Lot Size
    165,528 SF

    HighLights

    • $190,000 asking price.
    • 3.8‑acre residential land parcel.
    • R‑2 zoning.
    • Located in Centreville, Alabama, on Montgomery Hwy, zip code 35042.
    • 0.3 miles from Centreville Middle School with easy access.
    • Utilities available at the road; approximately 350 feet of road frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Centreville
    County
    Bibb
    State
    Alabama
    Longitude
    -87.110388560304
    Latitude
    32.942793078666

    Nearby Comparable

    • $449,000
      40.00 Acres

      Highway Frontage Land Opportunity

      Versatile land with highway frontage, ideal for various development projects.
      Highway 82, Centreville, AL 35042
      View Details
    • $449,000
      40.00 Acres

      Centreville Land with Highway Frontage

      Versatile 40-acre property with highway frontage and multiple access points.
      Highway 82, Centreville, AL 35042
      View Details
    • $3,000,000
      425.00 Acres

      425 Acres with Highway Frontage

      425 acres with cabin and mineral rights on Hwy 82.
      2711 Montgomery Hwy, Centreville, AL 35042
      View Details
    • $579,000
      93.00 Acres

      93 Acres with Stocked Lake

      93-acre property with lake, timber, and development potential.
      Highway 82 East, Centreville, AL 35042
      View Details

    Nearby Similar for Sale

    • $450,000
      3.25 Acres

      High-Visibility Centreville Commercial Land

      Prime 3.25-acre commercial lot, high traffic area.
      215 Montevallo Rd, Centreville, AL 35042
      View Details

    FAQs

    What type of property is this?
    Land - Build your dream multi-family community.
    Where is this land located?
    The property is located at Montgomery Hwy Centreville, AL.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: $190,000 asking price.; 3.8-acre residential land parcel.; R-2 zoning.
    Request Owner's contact information
    Montgomery Hwy Centreville, AL 35042
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Montgomery Hwy
    Centreville, AL 35042
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Montgomery Hwy Centreville, AL 35042
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.