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Property profile & analytics
OFF-MARKET
Land

0 Central Pkwy Montgomery, AL 36106

14.3 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 14.3 ac (622,908 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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