4231 Mobile HwyMontgomery, AL 36108

  • Land
  • 20,200 SF
For Sale

Property Details for 4231 Mobile Hwy

Year built
1960
Lot size
3.76 AC
Property size (Sq ft)
20,200 SF
Zone code
B-3
Property type
Land
Property subtype
Commercial land
APN
11-08-27-4-020-005.000
APU
1108274020005000

Description

Exceptional 7.18-acre commercial land parcel in Montgomery, Alabama, strategically located on Mobile Highway (488.2' frontage) and South Boulevard (combined ALDOT traffic count 32,422). This B-3 zoned property offers significant development potential, ideal for a variety of retail uses including grocery stores, general merchandise, automobile services, restaurants, hotels, and more. Three lots remain available, with two already improved: a refurbished hotel and fast-food establishment. The property benefits from its proximity to key infrastructure and businesses, including Montgomery Regional Airport, Big Lots, Hyundai, Amazon, an inland port, and a Dollar General Distribution Center, all within a 3-mile radius. This prime location presents a compelling investment opportunity in a rapidly developing area of Montgomery. The property's high visibility and substantial road frontage ensure excellent exposure for any commercial venture. This is a rare chance to acquire a significant land holding in a thriving commercial corridor.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,056,664
    Hospitality
    $2,799,888
    Educational
    $2,329,474
    Medical
    $2,409,588
    Retail
    $3,623,626
4231 Mobile Hwy, Montgomery, Alabama

Location Insight

City
Montgomery
County
Montgomery
State
Alabama
Latitude
32.3296
Longitude
-86.3431
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
$1,589
$32,760
-
$32,760
-
$163,800
-
$163,800

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