3581 Carter Hill Rd Montgomery, AL 36111
For Sale
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This exceptional 0.52-acre parcel of land presents a remarkable opportunity for retail development in Montgomery, Alabama. Strategically located on the corner of Carter Hill Road and McGehee Road, this property benefits from high visibility and accessibility within a thriving retail area. The site is situated in an established neighborhood with nearby schools, ensuring a consistent flow of potential customers. Its proximity to Baptist South Medical Center further enhances its appeal, attracting a diverse clientele. The asking price for this prime retail lot is $225,000. This represents a significant investment opportunity in a rapidly growing area of Montgomery, offering substantial potential for return. The property's location at 3581 Carter Hill Rd, Montgomery, AL 36111, places it within easy reach of a large consumer base. The 0.52-acre size provides ample space for a variety of retail developments, making it an attractive proposition for entrepreneurs and investors alike. Don't miss this chance to acquire a highly desirable retail lot in a prime Montgomery location.
or of a tenant space in a multi-tenant building, to any residential or PUD residential district line. Facilities operating prior to the adoption of this ordinance shall be considered legal non-conforming. Local Shopping B-4, Community Shopping B-5 Item Districts B-4 B-5 Classes of business or services permitted A & B A & B Classes of business or services whi…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B-4 · Montgomery, ALor of a tenant space in a multi-tenant building, to any residential or PUD residential district line. Facilities operating prior to the adoption of this ordinance shall be considered legal non-conforming. Local Shopping B-4, Community Shopping B-5 Item Districts B-4 B-5 Classes of business or services permitted A & B A & B Classes of business or services which may be permitted on appeal C & D D Classes of business or services restricted E
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.
