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    Property profile & analytics

    Central Pkwy Montgomery, AL 36106

    • Land
    • 14.30 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Central Pkwy

    Lot size
    14.30 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2218
    Latitude
    32.3483

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    Central Pkwy
    Montgomery, AL 36106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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