Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Scott St Montevallo, AL 35115

    • Land
    • 9.29 lot acres
    For Sale
    View listing
    $685,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Scott St

    Lot size
    9.29 lot acres
    Property type
    Land

    Description

    This exceptional 9.29-acre parcel in Montevallo, Alabama, presents a unique investment opportunity. Located in Shelby County, with a 35115 zip code, this land is zoned R-2 SD by the City of Montevallo and has already received approval for the construction of a 46-unit apartment complex. The site boasts convenient access to utilities, including sanitary sewer, making development straightforward and cost-effective. A detailed site plan is readily available for review, outlining the approved building layout and infrastructure. The property's prime location offers a significant advantage, situated within walking distance (0.4 to 0.6 miles) of the University of Montevallo campus, ensuring high occupancy potential and strong rental demand. The address is on Scott Street. This is a rare chance to acquire a fully permitted development site in a thriving Alabama community, poised for immediate construction and substantial returns. The asking price for this exceptional property is $685,000. The property's latitude and longitude coordinates are 33.1078495 and -86.8549766 respectively.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montevallo
    County
    Shelby
    State
    Alabama
    Longitude
    -86.855
    Latitude
    33.1078

    Comparable in this City

    • Value Estimation by Request
      22.80 Acres

      7011 Co Rd

      Land • 22.80 Acres
      7011 Co Rd, Montevallo, AL 35115
      View Details
    • Value Estimation by Request
      3.93 Acres

      Montevallo, AL 35115

      MOBILE HOME PARK, TRAILER PARK • 3.93 Acres
      Montevallo, AL 35115
      View Details
    • Value Estimation by Request
      45.00 Acres

      Deerwood Rd

      MOBILE HOME PARK, TRAILER PARK • 45.00 Acres
      Deerwood Rd, Montevallo, AL 35115
      View Details
    • Value Estimation by Request
      1,863 SF

      147 Asberry Rd 141

      MOBILE HOME PARK, TRAILER PARK • 1,863 SF
      147 Asberry Rd 141, Montevallo, AL 35115-4345
      View Details
    • Value Estimation by Request
      1.49 Acres

      170 Birmingham St

      MOBILE HOME PARK, TRAILER PARK • 1.49 Acres
      170 Birmingham St, Montevallo, AL 35115-7935
      View Details
    • Value Estimation by Request
      1,056 SF

      110 Asberry Ln

      MOBILE HOME PARK, TRAILER PARK • 1,056 SF
      110 Asberry Ln, Montevallo, AL 35115-8227
      View Details

    Similar Nearby for Sale

    • $685,000
      9.29 Acres

      Prime Montevallo Apartment Land

      9 Acres, Approved for 46 Units
      0 Scott St, Montevallo, AL 35115
      View Details
    • $5,200,000
      22.80 Acres

      Hwy 22 Commercial Land - Montevallo

      Prime 22.8-acre commercial lot. High-traffic location.
      7011 Co Rd, Montevallo, AL 35115
      View Details
    • $169,000
      1,247 SF

      Montevallo Home on Spacious Acreage

      Charming 3-bed, 2-bath home on 1.36 private acres.
      60 Hawkins Dr, Montevallo, AL 35115
      View Details
    • $37,800
      Pending

      Land in Historic Downtown Montevallo

      Unique land opportunity in the heart of Historic Downtown Montevallo.
      124 Commerce St, Montevallo, AL 35115
      View Details
    • $42,900
      1.19 Acres

      Residential Lot in Montevallo

      Residential land for sale in Montevallo, Alabama, 1.19 acres.
      103 Calmont Woods Dr, Montevallo, AL 35115
      View Details
    • $275,000
      4.15 Acres

      Montevallo Land Prime Location

      Land suitable for apartments or townhomes near University of Montevallo.
      4.15 End Of Canterbury Rd, Montevallo, AL 35115
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Scott St
    Montevallo, AL 35115
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.