1377 Federal Dr Montgomery, AL 36107
- Land
- 0.50 lot acres
Current Use by Public Records
- Land
Property Details for 1377 Federal Dr
- Lot size
- 0.50 lot acres
- Property type
- Land
Description
This exceptional .5 to 2.5-acre commercial land parcel presents a unique redevelopment opportunity in North Central Montgomery, Alabama. Located at 1377 Federal Drive, zip code 36107, this fee-simple property boasts a B2 zoning designation, ideal for a wide range of commercial or mixed-use developments. The site benefits from a highly visible location on Federal Drive, experiencing 12,928 vehicles per day, ensuring excellent exposure for any new construction. Its proximity to Interstate 85 (2.2 miles) provides easy access to major transportation arteries. The property is adjacent to a new Circle K currently under construction, further enhancing its value and attracting increased foot traffic. This thriving area is surrounded by established residential neighborhoods and businesses including Walmart, Life Storage, and Petro Plus, creating a strong existing customer base. The area's demographics are compelling, with a population of 107,521 within a 5-mile radius and an average household income of $64,687. A robust daytime population of 140,448 within 5 miles presents significant business potential. Existing utilities—water, sewer, gas, and electricity—are readily available, streamlining the development process. This is an unparalleled chance to capitalize on a prime location and create a successful commercial venture in a rapidly growing area of Montgomery.
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
- -86.2728
- Latitude
- 32.3974
