1250 Coliseum Blvd Montgomery, AL 36109
This exceptional 3.61-acre commercial land parcel, located at 1250 Coliseum Blvd in Montgomery, Alabama, presents a unique investment opportunity. Zoned B-2, this level lot offers excellent visibility and is ideally situated near the soon-to-be-renovated Garrett Coliseum, promising significant future development potential. The asking price is $345,000, translating to a land value of $2.19 per square foot. On-site parking is available, making it highly convenient for various uses. The property's prime location and zoning make it suitable for a range of commercial developments, including office spaces, hospitality ventures, or mini-warehouses. Possession is granted at closing, allowing for a swift and efficient transition to ownership. This exclusive listing offers a rare chance to acquire a substantial piece of land in a rapidly developing area of Montgomery, with the potential for significant return on investment. The property is situated in Montgomery County, Alabama, with a zip code of 36109. The coordinates are 32.3855324 latitude and -86.2514126 longitude. This is a price-reduced offering, representing exceptional value in the current market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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