401 Cotton Gin RdMontgomery, AL 36117

  • Land
  • 0.99 AC
For Sale

Property Details for 401 Cotton Gin Rd

Lot size
0.99 AC
Zone code
O-1
Property type
Land
Property subtype
Commercial land
APN
09-05-16-2-000-002.041
APU
905162000002041

Description

This exceptional investment opportunity presents two vacant, undeveloped lots totaling 2.22 acres at 401 & 425 Cotton Gin Road in Montgomery, Alabama. The property boasts a highly desirable location directly across from Baptist Medical Center East, offering unparalleled visibility and accessibility. With a combined square footage ranging from 20,760 to 42,968, this property is zoned O-1 (Office), making it ideally suited for medical or professional office development. Built in 2004, the land presents a blank canvas for a new construction project, or an opportunity to redevelop existing structures. The property's classification is Class C. Immediate possession is available, making this a truly turnkey investment. Its strategic location off Taylor Road ensures high traffic volume and excellent exposure to potential clients and patients. The property's current status is vacant/undeveloped, providing flexibility for a wide range of development plans. This exclusive listing offers a rare chance to acquire a significant commercial property in a thriving medical corridor. The property's size and zoning provide ample opportunity for expansion and future growth. Don't miss this chance to secure a prime location in a rapidly growing area of Montgomery.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,368,502
    Hospitality
    $5,833,513
    Educational
    $4,853,414
    Medical
    $5,020,331
    Retail
    $7,549,756
401 Cotton Gin Rd, Montgomery, Alabama

Location Insight

City
Montgomery
County
Montgomery
State
Alabama
Latitude
32.375
Longitude
-86.1674
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
$1,876
$38,680
-
$38,680
-
$193,400
-
$193,400

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