1777 Cong W L Dickinson DrMontgomery, AL 36109

  • Automotive properties
  • 490 SF
For Sale
$119,900 View listing

Property Details for 1777 Cong W L Dickinson Dr

Year built
1993
Lot size
0.19 AC
Property size (Sq ft)
490 SF
Zone code
B-2
Property type
Automotive properties
APN
04-08-33-4-000-004.000
APU
408334000004000

Description

This 384-square-foot executive office building, constructed and renovated in 1993, is ideally situated at 1777 Congressman W. L. Dickinson Dr in Montgomery, Alabama (zip code 36109), offering exceptional visibility and high traffic counts exceeding 14,724 vehicles daily. The property sits on an 8,495-square-foot lot with over 137 feet of road frontage, ensuring prominent exposure. Zoned B-2, this Class C office space is priced at $119,900, or $312.24 per square foot, and is priced below an independent appraisal. Conveniently located, it's approximately 4.2 miles (10 minutes) from I-85 and 6 miles (9 minutes) from I-65, offering easy access to major transportation routes. The property is also a short distance from Wetumpka and Prattville, Alabama, and just 1.3 miles (3 minutes) from Maxwell-Gunter Air Force Base. Additional features include a large paved parking area, a substantial utility/storage building, and a full security chain-link fence. Owner financing may be available. Public utilities are readily accessible. This presents a compelling opportunity for a small business seeking a high-traffic, easily accessible location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $93,313
    6.5%
    $86,135
    7%
    $79,982
  • Comparable approach

    Method
    Valuation
    Relative Method
    $240,860
    Geo Method
    $240,860
  • Alternative Use

    Use
    Valuation
    Residential
    $72,658
    Hospitality
    $66,554
    Educational
    $55,372
    Medical
    $57,277
    Retail
    $86,135

Location Insight

City
Montgomery
County
Montgomery
State
Alabama
Latitude
32.4083
Longitude
-86.2617
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
$876
$5,100
$12,920
$18,020
-
$25,500
$64,600
$90,100

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