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    4501 Troy Hwy Montgomery, AL 36116

    For Sale
    Contact for pricing

    High-traffic corner lots, ideal for retail.

    Property size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land offering presents multiple lots ranging from 43,560 to 130,680 square feet, strategically located at the high-visibility intersection of Highway 231 and Bell Road in Montgomery, Alabama (zip code 36116). The property is zoned B-2, making it suitable for a variety of retail uses. The site boasts excellent visibility and high traffic counts, driven in part by the proximity of Brewbaker Primary and Middle School on Bell Road, resulting in strong morning traffic. Demand in this area is high for businesses such as fast food restaurants, auto parts stores, gas stations, and convenience stores. Pricing is competitive, with the corner lot available at $11.50 per square foot and other lots priced at $9.50 per square foot. The corner lot offers the advantage of frontage on both Highway 231 and Bell Road. This presents a unique opportunity for businesses seeking a prominent location with significant foot and vehicle traffic. The total acreage available varies, with lot sizes ranging from approximately one acre to just over three acres. This prime location offers exceptional potential for retail development.

    Property Features for 4501 Troy Hwy

    General Information

    Property type
    Land
    Square Feet
    43,560 SF

    HighLights

    • Multiple commercial lots available, ranging from 43,560 to 392,040 square feet, zoned B‑2.
    • Lots range in size from 43,560 to 130,680 square feet.
    • High‑visibility location on Hwy 231 at Bell Rd intersection, offering excellent traffic counts.
    • Ideal for fast food, auto parts, gas stations, and convenience stores.
    • Pricing: Corner lots at $11.50 per square foot; other lots at $9.50 per square foot.
    • Broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Krispy Krunchy Chicken Chicken Restaurant Exxon Gas Station

    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
    -86.2221482
    Latitude
    32.3120516

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    FAQs

    What type of property is this?
    Land - High-traffic corner lots, ideal for retail.
    Where is this land located?
    The property is located at 4501 Troy Hwy Montgomery, AL.
    What are key features of this property?
    This property features: Multiple commercial lots available, ranging from 43,560 to 392,040 square feet, zoned B-2.; Lots range in size from 43,560 to 130,680 square feet.; High-visibility location on Hwy 231 at Bell Rd intersection, offering excellent traffic counts.
    Request Owner's contact information
    4501 Troy Hwy Montgomery, AL 36116
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    Montgomery, AL 36116
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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
    4501 Troy Hwy Montgomery, AL 36116
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