Selma Hwy & Richardson Rd Montgomery, AL 36108
- Land
- 13.40 lot acres
Current Use by Public Records
- Land
Property Details for 0 Selma Hwy & Richardson Rd
- Lot size
- 13.40 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.3967
- Latitude
- 32.3069