438 Court St Montgomery, AL 36104
- Commercial land
- 0.51 lot acres
Current Use by Public Records
- Commercial land
Property Details for 438 Court St
- Lot size
- 0.51 lot acres
- Zone code
- T4-R
- Property type
- Commercial land
- APN
- 11-06-13-1-001-022.000
- APU
- 1106131001022000
Description
This exceptional 0.51-acre commercial lot is ideally situated in Montgomery, Alabama's central business district (CBD) at 438 South Court Street, zip code 36104. Its strategic location offers unparalleled access to a thriving urban environment. The property boasts proximity to key attractions including the Convention Center and MPAC, Riverfront Park, numerous hotels, restaurants, retail establishments, and entertainment venues. The high concentration of businesses and residents in the area is evidenced by the presence of 35,826 employees within a one-mile radius. Furthermore, the lot benefits from its close proximity to significant institutions and infrastructure. It's located within a block south of the new Federal Courthouse, and is conveniently situated near 600+ existing and developing residential units, 893 downtown hotel rooms, and two new boutique hotels under construction. The area also features a strong student population, with approximately 4,000 students enrolled at Troy University Montgomery within five blocks. The property's accessibility is further enhanced by its proximity to major transportation arteries, including approximately 1.2 miles from the Alabama State Capital, 2 miles from I-85/I-65, and 2.5 miles from Maxwell Air Force Base, a significant employer with 25,000 active duty personnel, guards, reserves, contractors, and retirees, and an Air Force University attended by over 20,000 annually. This prime location presents a remarkable opportunity for commercial development or the construction of an office building. Asking price: $79,900.
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
- -86.3093
- Latitude
- 32.3725
- CBSA code
- 33860
- CBSA name
- MONTGOMERY, AL METROPOLITAN STATISTICAL AREA