931 Maxwell BlvdMontgomery, AL 36104

Property Details for 931 Maxwell Blvd

Year built

1965

Lot size

0.13 AC

Property size (Sq ft)

2,817 SF

Zone code

T4-0

Property type

Office buildings

APN

11-01-11-4-011-004.000

APU

1101114011004000

Description

This exceptional 2.17-acre commercial land parcel presents a remarkable development opportunity in Montgomery, Alabama. Located at 931 Maxwell Blvd, this property boasts a highly desirable location directly across from the recently completed Montgomery Whitewater attraction, ensuring high visibility and significant foot traffic. The expansive 43,342 square foot lot is zoned T4-O, permitting a wide range of commercial uses, including retail, hospitality, restaurants, and gas stations. With an asking price of $750,000, this translates to an attractive price per square foot of $17.30. The property's strategic position offers unparalleled access to a thriving community and a diverse customer base. This is an exceptional chance to capitalize on the burgeoning growth surrounding Montgomery Whitewater and establish a successful commercial venture. The address is 931 Maxwell Blvd, Montgomery, AL 36104, within Montgomery County. This prime location offers significant potential for investors seeking a high-return development project. The property's size and zoning flexibility provide ample opportunity for creative and lucrative development plans. Don't miss this chance to secure a piece of Montgomery's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $372,258

  6.5%

  $343,622

  7%

  $319,078

• Comparable approach

  Method

  Valuation

  Relative Method

  $477,158

  Geo Method

  $549,484

• Alternative Use

  Use

  Valuation

  Residential

  $426,092

  Hospitality

  $390,298

  Educational

  $324,723

  Medical

  $335,891

  Retail

  $505,125

Location Insight

City

Montgomery

County

Montgomery

State

Alabama

Latitude

32.3767

Longitude

-86.3272

CBSA code

33860

CBSA name

MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].