Property profile

0 Eastern Blvd Montgomery, AL 36116

OFF-MARKET
Land
9.61 ac lot
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Property summary

AI-generated overview

This exceptional 9.614-acre commercial land parcel presents a remarkable investment opportunity in Montgomery, Alabama. Strategically located on East Boulevard, this property boasts approximately 652 feet of frontage, ensuring exceptional visibility and accessibility. The B-3 (Highway Commercial) zoning allows for a wide range of commercial uses, making it ideal for various businesses. The property's advantageous position is further enhanced by its proximity to established businesses such as Montgomery Subaru, McConnell Honda, and McConnell Acura, creating a synergistic environment. With a 2022 AADT (Average Annual Daily Traffic) count of 40,582, this location guarantees significant exposure to potential customers. The asking price is $650,000. The sale does not include the existing billboard. Possession is immediate, allowing for swift development and occupancy. This is a rare opportunity to acquire a high-traffic, highly visible commercial lot in a thriving area of Montgomery. The property's size and zoning provide ample flexibility for a variety of commercial ventures, making it an attractive investment for both established businesses and new ventures seeking a prime location. Don't miss this chance to secure a piece of Montgomery's commercial landscape. The property is located in Montgomery County, Alabama, with a zip code of 36116.

Property profile

Verified
Property type Land
Lot 9.61 ac (418,786 SF)

Cap rate & NOI

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

Location

Eastern Blvd Montgomery, AL 36116
Montgomery metro
Google Maps

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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