Property summary
This exceptional 4.5-acre vacant land parcel presents a unique investment opportunity on McGehee Road in Montgomery, Alabama. Strategically located near the intersection of East South Boulevard (Highway 80) and Troy Highway (Highway 231), this property boasts exceptional visibility with an average of 40,000 cars passing daily. The site is surrounded by established residential neighborhoods, ensuring a strong customer base for any future development. This area is poised for significant growth, fueled by the upcoming relocation of two Montgomery Public Schools, including the nationally ranked Loveless Academic Magnet Program High School (LAMP), directly across the street. This move is expected to significantly increase foot traffic and enhance the overall desirability of the area. The property's classification as vacant retail land makes it ideal for a variety of commercial uses, offering considerable potential for investors seeking a high-impact location with strong future prospects. The 36111 zip code provides easy access to major transportation arteries, further enhancing its appeal. This is a rare opportunity to acquire a prime retail parcel in a rapidly developing area of Montgomery. Don't miss out on this chance to capitalize on the growth potential of this highly visible and strategically located property.
Property profile
VerifiedCap rate & NOI
Current use
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Furniture & Home Goods Home Decor Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
s is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Montgomery, ALs is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
s is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores B-2, Highway Commercial…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-3 in Montgomery, AL.
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