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Property profile

0 Monticello Dr. & Monticello Park Montgomery, AL 36117

OFF-MARKET
Land
0.5 ac lot
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Property summary

AI-generated overview

This exceptional offering presents two contiguous lots totaling between 0.5 and 2.71 acres of industrial land in Montgomery, Alabama. Located at the intersection of Monticello Dr. and Monticello Park, this property boasts a highly desirable location within a major retail area, providing excellent visibility and accessibility. The land is zoned B-2 (Business District), making it suitable for a variety of industrial uses, including a flex building with ample yard space. The strategic positioning offers easy access to key transportation arteries: Eastern Boulevard, with an average annual daily traffic count of approximately 58,000 vehicles, and Interstate 85, boasting an approximate 99,940 AADT. The property's proximity to these major thoroughfares ensures convenient access for employees, customers, and supply chains. The land is priced at $68,069 per acre, presenting a compelling investment opportunity in a thriving commercial corridor. Parcel numbers are 10 06 13 4 001 001.002 and 10 06 13 4 001 001.008. This location is approximately 0.2 miles from Eastern Boulevard and 0.4 miles from I-85. This is an ideal site for businesses seeking high visibility and convenient access to major transportation routes in a robust retail environment.

Property profile

Verified
Property type Land
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Monticello Dr. & Monticello Park Montgomery, AL 36117
Montgomery metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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