1 Block F - Malcolm Dr Montgomery, AL 36116
This exceptional commercial lot, located at Lot 1, Block F - Malcolm Drive in Montgomery, Alabama, presents a unique investment opportunity. Boasting an impressive size of approximately 35,501 square feet, this property is zoned B-3, allowing for a wide range of commercial uses. Situated at the corner of Malcolm Drive and Averiett Drive, just off Taylor Road, this lot offers excellent visibility and accessibility for any business. The asking price is $213,000, translating to approximately $6.00 per square foot. This represents a compelling value for a property of this size and location in Montgomery. The property is available for immediate possession. While the property is subject to Protective Covenants and Restrictions, these details are readily available upon request. This prime location, combined with its generous size and favorable zoning, makes this lot ideal for a variety of commercial ventures. Don't miss this chance to secure a prominent location in a thriving Montgomery business district. The zip code is 36116.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.