231 Hwy Montgomery, AL 36116
- Land
- 155.00 lot acres
Current Use by Public Records
- Land
Property Details for 231 Hwy
- Lot size
- 155.00 lot acres
- Property type
- Land
Description
This exceptional 155-acre commercial land parcel presents a significant investment opportunity in Montgomery, Alabama. Located on S Hwy 231, this property enjoys a high-traffic location with an average annual daily traffic count of approximately 23,320 vehicles on Troy Highway. Its strategic position offers convenient access to major transportation arteries, including proximity to I-85 (approximately 5.3 miles) and I-65 (approximately 7.7 miles). The property is zoned M-1 & R-65-M, allowing for diverse development options including retail, industrial, and residential uses. Several parcels are available, ranging in size from 0.68 acres to 31.9 acres, catering to various project scales. The site's proximity to Maxwell Air Force Base (approximately 14.4 miles), serving a community of 25,000 active duty personnel, contractors, and retirees, as well as the Air Force University with 20,000 annual attendees, provides access to a substantial and stable population base. This expansive acreage offers ample space for large-scale developments, capitalizing on the high visibility and strong demographics of this desirable Montgomery location. The diverse zoning allows for flexibility in project planning, making this a truly unique and compelling investment opportunity.
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
- -86.2055
- Latitude
- 32.3017
