3173 Northern BlvdMontgomery, AL 36110

  • Commercial land
  • 1.00 AC
For Sale
$40,000 View listing

Property Details for 3173 Northern Blvd

Lot size
1.00 AC
Zone code
M-1
Property type
Commercial land
APN
04-08-28-3-000-002.002
APU
408283000002002

Description

This exceptional one-acre commercial/industrial lot, located at 3173 Northern Boulevard in Montgomery, Alabama (zip code 36110), presents a unique investment opportunity. Situated directly across from the Montgomery Zoo, this 43,560 square foot parcel is zoned M-1, offering a wide range of potential development options. The asking price is $40,000, translating to a price per square foot of $0.92. The property boasts convenient access to water and electricity, according to the owner. A significant advantage is the existing easement along the rear of the property, providing access to the Alabama River Parkway. This strategic location offers excellent visibility and accessibility, making it an attractive prospect for businesses seeking a high-traffic area. The property's size and zoning make it suitable for a variety of commercial or industrial uses, presenting a compelling opportunity for investors and developers alike. Detailed information regarding permitted uses under the M-1 zoning designation is readily available from the relevant Montgomery County planning department. This prime location and versatile zoning combine to create a highly desirable investment opportunity in a thriving Alabama market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,459,182
    Hospitality
    $5,916,576
    Educational
    $4,922,522
    Medical
    $5,091,816
    Retail
    $7,657,257
3173 Northern Blvd, Montgomery, Alabama

Location Insight

City
Montgomery
County
Montgomery
State
Alabama
Latitude
32.4239
Longitude
-86.273
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
$538
$11,100
-
$11,100
-
$55,500
-
$55,500

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