0 Selma Hwy & Richardson Rd Montgomery, AL 36108
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.