6 Plat 1, Montgomery, AL 36116
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.