Property summary
This exceptional 24,000 square foot commercial land parcel presents a unique investment opportunity in Montgomery, Alabama. Located at 511 E Edgemont Ave, this property boasts a prime corner location at a signalized intersection, ensuring high visibility and accessibility. The lot measures approximately 150 feet by 160 feet, offering ample space for development. The site benefits from a high average daily traffic count of 11,887 vehicles, indicating significant potential for commercial success. Zoned B-2, the property is ideally suited for a variety of commercial uses. Its strategic location places it in close proximity to Huntingdon College, The Montgomery Country Club, and the vibrant Cloverdale Entertainment District, providing access to a diverse customer base. The former Sahara Restaurant site offers a blank canvas for entrepreneurs and developers seeking a high-traffic, well-located property in a thriving area of Montgomery. The asking price for this exceptional opportunity is $350,000. This is a rare chance to acquire a significant commercial lot in a desirable and established location. Don't miss this chance to secure a prime piece of Montgomery real estate.
Property profile
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
lands at service stations 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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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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-2 · Montgomery, ALlands at service stations 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
lands at service stations 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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Montgomery, AL.
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