1406 Decatur St Montgomery, AL 36104
This exceptional investment opportunity presents three contiguous residential lots totaling approximately 0.306 acres (13,315 square feet) located at 1406-1416 N. Decatur St, Montgomery, Alabama, 36104. The property, identified by APN numbers 1003064022006001, 1003064022006000, and 1003064022007000, is zoned R-65-d, making it perfectly suited for multi-family development, such as duplexes. This prime location offers significant potential for investors seeking a high-return project. The combined lots provide ample space for construction, and the property's designation as a Qualified Opportunity Zone presents additional tax advantages. The asking price for this exceptional land package is $18,000. This is a rare opportunity to acquire three lots in a desirable location with significant development potential. Don't miss out on this chance to build your investment portfolio.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.