Property profile

0 13.9 Ac Mclemore Dr/Atlanta Hwy Montgomery, AL 36117

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 13.9-acre commercial land parcel presents a unique investment opportunity in Montgomery, Alabama. Strategically located at the highly visible, lighted intersection of Atlanta Highway and McLemore Road, this property boasts Planned Unit Development (PUD) zoning, offering considerable flexibility for a wide range of commercial ventures. Its prime location in the thriving East Montgomery area ensures high visibility and accessibility. The site's versatility makes it suitable for various commercial uses, including climate-controlled self-storage facilities. Proximity to major transportation routes, including Interstate 85 (approximately 3.1 miles), enhances its appeal. Furthermore, the property benefits from its proximity to significant institutions, including Baptist Medical Center East (approximately 2 miles), a major medical facility with substantial patient revenue, and Auburn University at Montgomery (approximately 2.1 miles), a large university with a significant student and staff population. Existing infrastructure makes this site development-ready, presenting a desirable location for new commercial projects and capitalizing on the area's robust growth and high traffic volume. The property's APN is 0903081000002.002, and the asking price is $417,000. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly developing area.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

13.9 Ac Mclemore Dr/Atlanta Hwy Montgomery, AL 36117
Montgomery 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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