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Property profile & analytics
OFF-MARKET
Land

0 Ray Thorington Rd Montgomery, AL 36117

14.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 14.1-acre parcel, located on Ray Thorington Road in Montgomery, Alabama (zip code 36117), presents a unique opportunity for developers. Currently zoned PUD (Planned Unit Development), this flat property offers significant potential for a variety of upscale residential projects. Its strategic location within the rapidly expanding eastern corridor of Montgomery places it in close proximity to established, preferred residential neighborhoods, ensuring high demand and strong market appeal. The site boasts convenient access to major roadways, enhancing its accessibility and desirability. Furthermore, its proximity to existing shopping centers, schools, offices, and parks provides residents with a wealth of amenities. The flexible zoning allows for diverse development options, making it suitable for a range of projects, including high-density residential communities, a church, or even a school. The asking price for this remarkable property is $550,000. This is a rare opportunity to acquire a substantial land holding in a prime Montgomery location with exceptional growth potential.

Property profile
Verified
Property type Land
Lot 14.1 ac (614,196 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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