Property profile

0 Wares Fry Rd Pike Road, AL 36117

OFF-MARKET
Land
32.2 ac lot
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Property summary

AI-generated overview

This exceptional 32.2-acre commercial land parcel presents a unique investment opportunity in Montgomery, Alabama. Strategically located in the heart of East Montgomery, the property enjoys unparalleled access to Interstate 85, ensuring seamless connectivity for businesses and residents alike. Less than six miles from the vibrant East Chase Shopping Center, the site benefits from proximity to a wide array of retail, dining, and entertainment options, catering to a substantial consumer base. Accessed via Wares Ferry Road, which transitions into Pike Road to the west, the property boasts excellent accessibility. The land itself is characterized by a picturesque landscape of mature pine trees, offering a tranquil and scenic environment. Historically used for cattle raising, this versatile property presents numerous potential land-use options, blending convenient location with rural charm. The property's APN is 0804182001004, and its address is 0 Wares Ferry Rd, Montgomery, AL 36117. The asking price for this remarkable opportunity is $1,288,000. This is a rare chance to acquire a significant land holding in a rapidly developing area of Montgomery.

Property profile

Verified
Property type Land
Lot 32.2 ac (1,402,632 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Wares Fry Rd Pike Road, AL 36117
Pike Road metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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