0 Central Pkwy Montgomery, AL 36106
This exceptional commercial land offering presents a rare opportunity in Montgomery, Alabama. Comprising 14.3 acres situated on Central Parkway, this property is zoned O-1, making it ideally suited for office development. The land is currently undeveloped and offers excellent visibility due to its prime location. The property is divided into two separately priced parcels: Lot 2A, approximately 41,038 square feet, and Lot 2B, approximately 68,712 square feet. Each parcel is available for sale as a whole. The land is priced at $2.50 per square foot. This represents a significant investment opportunity for developers seeking to capitalize on the strong potential of this high-visibility location in Montgomery County. The seller is Regions Bank, acting as Trustee of the Ida Belle Young Revocable Trust. This property provides an excellent foundation for a new office complex, taking advantage of its convenient access and prominent positioning along Central Parkway. The O-1 zoning ensures flexibility for various office-related developments. Serious inquiries are encouraged to explore this unique opportunity further. The property is located in Montgomery, Alabama, zip code 36106.
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
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No recorded transactions found for this property.
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