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    Selma Hwy & Richardson Rd Montgomery, AL 36108

    Sponsored
    For Sale
    $670,000

    Prime M-1 Zoned Land, High Visibility, $670,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13.4-acre commercial land parcel presents a unique investment opportunity in Montgomery, Alabama. Strategically located at the intersection of Selma Highway and Richardson Road, this property boasts approximately 475 feet of road frontage on Selma Highway, ensuring high visibility and accessibility. Zoned M-1 for commercial use, the site is ready for immediate development. All utilities are readily available, simplifying the construction process. The asking price is $670,000, translating to $50,000 per acre. Its prime location offers close proximity to Highway 31 and Interstate 65, providing excellent connectivity and convenient access to a large customer base. Given the recent announcement of the F-35 Fighter Jet program coming to Montgomery, this property is ideally positioned to capitalize on the anticipated economic growth and increased demand for commercial space in the area. This is a rare opportunity to acquire a substantial tract of land in a rapidly developing region with significant potential for future appreciation. The property's size and zoning make it suitable for a wide range of commercial ventures. Don't miss this chance to secure a piece of Montgomery's burgeoning commercial landscape.

    Property Features for 0 Selma Hwy & Richardson Rd

    General Information

    Property type
    Land
    Lot Size
    583,704 SF

    HighLights

    • Excellent Selma Highway location.
    • High‑traffic visibility.
    • 475 feet of Selma Highway frontage.
    • Convenient access to Highway 31 and I‑65.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.3966697
    Latitude
    32.3068639

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    FAQs

    What type of property is this?
    Land - Prime M-1 Zoned Land, High Visibility, $670,000
    Where is this land located?
    The property is located at Selma Hwy & Richardson Rd Montgomery, AL.
    What is the asking price?
    The asking price for this property is $670,000.
    What are key features of this property?
    This property features: Excellent Selma Highway location.; High-traffic visibility.; 475 feet of Selma Highway frontage.
    (334) 652-2121
    Request Owner's contact information
    Selma Hwy & Richardson Rd Montgomery, AL 36108
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    Montgomery, AL 36108
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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
    Selma Hwy & Richardson Rd Montgomery, AL 36108
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