1045 Coliseum BlvdMontgomery, AL 36109

  • Sports & entertainment properties
  • 20,469 SF
For Sale
$1,495,000 View listing

Property Details for 1045 Coliseum Blvd

Year built
2004
Lot size
5.60 AC
Property size (Sq ft)
20,469 SF
Zone code
INST
Property type
Sports & entertainment properties
APN
04-08-33-4-000-005.000
APU
408334000005000

Description

This exceptional commercial property, located at 1045 Coliseum Boulevard in Montgomery, Alabama, presents a significant investment opportunity. The main building boasts over 20,000 square feet of versatile space, ideally suited for a variety of uses. The layout includes twelve classrooms, a substantial 350-seat sanctuary equipped with a sound and multimedia system, five full bathrooms (four with multiple stalls), a commercial-grade kitchen, a large dining area, and multiple offices. The property also features a detached 1200 square foot outbuilding complete with a kitchenette and two bathrooms, providing additional space for storage, workshops, or other supplementary functions. Ample parking is available on the expansive 5.6-acre lot, ensuring convenient access for occupants and visitors. The property's prime location is just off Congressman Dickinson Boulevard and directly across from the Department of Public Safety driver's license office, offering high visibility and accessibility. This property is priced significantly below its tax appraisal, representing a compelling value proposition for discerning investors. The combination of size, amenities, and location makes this a truly unique opportunity in the Montgomery commercial real estate market. The property's versatility allows for a wide range of potential uses, making it an attractive investment for both established businesses and new ventures.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,035,173
    Hospitality
    $2,780,202
    Educational
    $2,313,096
    Medical
    $2,392,646
    Retail
    $3,598,148
1045 Coliseum Blvd, Montgomery, Alabama

Location Insight

City
Montgomery
County
Montgomery
State
Alabama
Latitude
32.4038
Longitude
-86.2645
CBSA code
33860
CBSA name
MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$48,780
$364,200
$412,980
-
$243,900
$1,821,000
$2,064,900

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