Perry Hill Rd Montgomery, AL 36109
- Land
- 119.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Perry Hill Rd
- Lot size
- 119.00 lot acres
- Property type
- Land
Description
This exceptional 119-acre commercial land parcel presents a significant investment opportunity in Montgomery, Alabama. Strategically located off Perry Hill Road in Midtown Montgomery, this property boasts convenient access to Interstate 85 via Exit 4, ensuring high visibility and easy commutes. The land is zoned R-60-M, making it ideally suited for high-density residential development, such as apartment complexes. The seller is willing to divide the property, offering flexibility for various development scales. With immediate possession available, this prime location offers substantial potential for developers seeking to capitalize on the growing demand for housing in the area. The asking price is $45,000 per acre, representing a compelling value for this sizable tract of land with its advantageous zoning and location. The property's size and zoning regulations provide ample opportunity for a substantial return on investment. This is a rare chance to acquire a significant land holding in a thriving Montgomery neighborhood with excellent access to major transportation arteries. Serious inquiries are encouraged to explore the possibilities of this exceptional development opportunity.
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
- -86.2396
- Latitude
- 32.36
