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Property profile & analytics
OFF-MARKET
Land

301 Johnson Ave Montgomery, AL 36110

1.73 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.73-acre commercial and industrial land parcel presents a unique investment opportunity. Zoned M-1, the property boasts ample space for trailer parking, accommodating a minimum of 10 and a maximum of 35 trailers. The site features a fully fenced and paved asphalt parking lot, recently upgraded with new LED lighting for enhanced security and visibility. The convenient location near Northern Boulevard provides quick and easy access to major interstate highways, I-65 and I-85, ensuring excellent connectivity for transportation and logistics businesses. The property is offered as a single-tenant lease, providing a straightforward and manageable investment. Each parking space is available for lease at a monthly rate of $200. This property is ideal for businesses requiring secure, well-lit, and easily accessible trailer parking, offering a strong return on investment due to its strategic location and high demand for this type of space. The total building square footage is 0, as this is a land-only offering. The lot size is 1.73 acres.

Property profile
Verified
Property type Land
Lot 1.73 ac (75,359 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rheem Manufacturing Industrial Manufacturer Production Facility
  • Pure Roofing Roofing Company General Contractor
  • Hodges WHS Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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