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    8400 Leavell Way Montgomery, AL 36117

    For Sale
    $600,000

    2.2 Acres, High-Growth Area, B-3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 2.2-acre commercial land parcel presents a unique investment opportunity in Montgomery, Alabama. Located at 8400 Leavell Way, this B-3 zoned property boasts convenient access from Ray Thorington Road and Leavell Circle, with proximity to the Vaughn Road intersection (within 1,000 feet). The site's strategic location offers unparalleled access to a thriving residential area experiencing significant growth, with thousands of upscale homes nearby. This translates to a substantial and readily available customer base for retail ventures. The property's minimal retail competition further enhances its appeal

    Property Features for 8400 Leavell Way

    General Information

    Property type
    Land
    Lot Size
    95,832 SF

    HighLights

    • High‑density residential neighborhood
    • Limited retail competition
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.160774398816
    Latitude
    32.335850864429

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    FAQs

    What type of property is this?
    Land - 2.2 Acres, High-Growth Area, B-3 Zoning
    Where is this land located?
    The property is located at 8400 Leavell Way Montgomery, AL.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: High-density residential neighborhood; Limited retail competition;
    (334) 244-2527
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    8400 Leavell Way Montgomery, AL 36117
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    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
    8400 Leavell Way Montgomery, AL 36117
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