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    OFF-MARKET
    Land

    0 Eastern Blvd At Troy Hwy, Montgomery, AL 36116

    0.56 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 0.56-acre commercial land parcel is located at the intersection of Eastern Boulevard and Troy Highway in Montgomery, Alabama (zip code 36116). Situated within the Montgomery Towne Center, this property benefits from exceptionally high traffic counts, making it ideal for retail or commercial development. The B-2 zoning allows for a diverse range of uses. The location offers excellent visibility and accessibility from major roadways, enhancing its appeal to potential businesses. The surrounding area is a thriving mix of residential and commercial properties, including Stivers Ford, Executive Park Offices, Trenholm State Tech College, various furniture stores, Loveless Magnet School, and numerous single-family homes and apartment complexes within a five-mile radius. This prime location provides convenient access to a variety of dining and retail options, catering to a large and diverse customer base. The ample space allows for the construction of a retail pad or other commercial development, presenting a significant opportunity for investors and developers.

    Property profile
    Verified
    Property type Land
    Lot 0.56 ac (24,394 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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