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    Blvd Montgomery, AL 36106

    For Sale
    $650,000

    9.61 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 9.61-acre commercial land parcel presents a unique investment opportunity in Montgomery, Alabama. Located on East Boulevard, the property boasts approximately 652 feet of frontage, ensuring excellent visibility and accessibility. The B-3 (Highway Commercial) zoning allows for a variety of uses, including commercial, automotive, and warehouse development. The site benefits from its strategic location adjacent to established businesses such as Montgomery Subaru, McConnell Honda, and McConnell Acura, creating a synergistic environment. With a 2022 AADT (Average Annual Daily Traffic) count of 40,582 vehicles, this property offers significant exposure to a substantial consumer base. The asking price is $650,000, translating to approximately $67,610 per acre. The sale does not include the existing billboard. Immediate possession is available, making this an ideal site for swift development. This prime location and flexible zoning make this property an attractive investment for businesses seeking high visibility and convenient access in a thriving commercial corridor. The property's size and location offer significant potential for substantial return on investment.

    Property Features for 0 Blvd

    General Information

    Property type
    Land
    Lot Size
    418,612 SF

    HighLights

    • $650,000 Sale Price
    • 9.614‑Acre Lot
    • B‑3 Highway Commercial Zoning
    • 40,582 AADT (2022)
    • Ideal for Commercial, Automotive, or Warehouse Use
    • Excellent Street Visibility
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2218403
    Latitude
    32.3482836

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    FAQs

    What type of property is this?
    Land - 9.61 Acres, High-Traffic Location
    Where is this land located?
    The property is located at Blvd Montgomery, AL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: $650,000 Sale Price; 9.614-Acre Lot; B-3 Highway Commercial Zoning
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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
    Blvd Montgomery, AL 36106
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