1380 Federal Dr Montgomery, AL 36107
- Land
- 0.56 lot acres
Current Use by Public Records
- Land
Property Details for 1380 Federal Dr
- Lot size
- 0.56 lot acres
- Property type
- Land
Description
This exceptional 4.08-acre commercial land parcel presents a remarkable redevelopment opportunity in Montgomery, Alabama. Located at 1375-1401 Federal Drive, this fee simple property boasts a B2 zoning designation, making it suitable for a variety of commercial ventures. The site enjoys a highly desirable location in North Central Montgomery, just 2.2 miles from Interstate 85, ensuring convenient access for both employees and customers. The surrounding area is characterized by strong demographics, with a population of 107,521 within a 5-mile radius and an average household income of $64,687. The property benefits from its proximity to major retailers like Walmart and the recent construction of a Circle K on an adjacent lot, indicating a vibrant and growing commercial sector. Utilities are readily available, simplifying the development process. This is an unparalleled chance to establish a premier commercial destination within Montgomery Plaza, capitalizing on the area's established residential neighborhoods and robust commercial activity. The lot size ranges from 0.56 to 4 acres.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.2723
- Latitude
- 32.3971
