4002 Marlyn St Montgomery, AL 36108-4512
- Commercial land
- 225,218 SF
- 40.68 lot acres
Current Use by Public Records
- Commercial land
Property Details for 4002 Marlyn St
- Year built
- 1970
- Lot size
- 40.68 lot acres
- Property size
- 225,218 SF
- Zone code
- R-60-M
- Property type
- Commercial land
- APN
- 11-08-27-3-001-001.000
- APU
- 1108273001001000
Description
This remarkable 1960-built historic church, located at 4002 Marlyn Street in Montgomery, Alabama, presents a unique investment opportunity. Boasting approximately 6,000 square feet according to tax records, the property offers a substantial sanctuary space complemented by numerous classrooms, a pastor's study, and a fellowship/banquet room. The building also includes the potential for a fully functional kitchen. All existing equipment and furniture are included in the sale, representing significant value. The property's versatility allows for a wide range of potential uses, including daycare centers, private schools, or recreational facilities. While the building requires renovations, this presents a chance to contribute to the ongoing revitalization efforts in this area of Montgomery. The property sits on a 0-acre lot and is priced at $155,000. This is an exceptional opportunity to acquire a substantial property with significant potential in a growing community. The building's size and existing infrastructure provide a solid foundation for a variety of commercial ventures. The inclusion of existing equipment and furniture further enhances the value proposition. Serious inquiries are encouraged.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,779,000
- AI Estimate
- $14,384,000
Market price range: $5.95M - $42.1MMarket price range: $5.34M - $32.8M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $17,265,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $17,435,000 Change: +1% Conversion: Difficult
- RETAIL STORES
- $17,140,000 Change: -1% Conversion: Easy
- OFFICE BUILDING
- $14,730,000 Change: -15% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.3523
- Latitude
- 32.3341
- CBSA code
- 33860
- CBSA name
- MONTGOMERY, AL METROPOLITAN STATISTICAL AREA