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Atlanta hwy and Brown Springs Road - Auburn University @ Montgomery Site

22.03 Acres of Commercial Land Offered at $1,480,000 in Montgomery, AL 36117

Investment Highlights

  • East Montgomery near college, hospital, good shopping and Wal-Mart.
  • Level with all utilities.
  • High rents in the area.

Executive Summary

Great multi-family or senior housing site. This prime development property has street access on all four sides of the property. It is located on Atlanta Highway across from Walmart and numerous national retailers and restaurants. It is within walking distance to Emory Folmar Soccer Complex, YMCA, Dixie Youth baseball fields and the Winton Blount United States Post Office. It is a 2 minute drive to Baptist East Medical Center and Auburn University at Montgomery.

Property Facts

Price $1,480,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units - Senior
Total Lot Size 22.03 AC

1 Lot Available

Lot

Price $1,480,000
Price Per AC $67,181
Lot Size 22.03 AC

Level lot with several access point and good road frontage. All utilities are at the property. Owner may consider dividing at a higher price.

Description

This property is ideal for a mixed use development which would include retail and multi-family. It is especially suited for a senior living community. Daily traffic count on Atlanta Highway is 54,920 and on Brown Springs Road is 11,230.

zoning

Zoning Code B-2 (Commercial)
B-2 (Commercial)
  • Listing ID: 24049090

  • Date on Market: 9/7/2021

  • Last Updated:

  • Address: Atlanta hwy and Brown Springs Road, Montgomery, AL 36117

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