Property profile

6 Plat 1 Montgomery, AL 36116

OFF-MARKET
Land
0.86 ac lot
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Property summary

AI-generated overview

This exceptional 0.86-acre commercial lot, identified as Lot 6 in Taylor Oaks Plat No. 1, presents a unique investment opportunity in Montgomery, Alabama. Situated on Malcolm Drive, this property boasts a strategic location in the desirable East Montgomery area, offering convenient access to major thoroughfares and key amenities. The lot encompasses 37,645.96 square feet and is zoned B-3, providing flexibility for a variety of commercial uses. Its proximity to the I-85 interstate and the vibrant EastChase shopping and entertainment district enhances its appeal and potential for high returns. The address is Malcolm Dr Lot 6 Plat 1, Montgomery, AL 36116, within Montgomery County. This property's location in a thriving commercial area, combined with its generous size and favorable zoning, makes it an ideal site for businesses seeking high visibility and accessibility. The asking price is $225,875. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area of Montgomery. The coordinates are 32.3301026 latitude and -86.1803786 longitude.

Property profile

Verified
Property type Land
Lot 0.86 ac (37,462 SF)

Cap rate & NOI

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

Location

6 Plat 1 Montgomery, AL 36116
Montgomery metro
Google Maps

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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