4231 Mobile HwyMontgomery, AL 36108
- Land
- 20,200 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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