For Sale $199,500
Property Type VacantLand
Lot Size 0.28 Acre
Date Updated May 2, 2024

The site features 75' of frontage on Madison Avenue, with excellent access and visibility. Located across from RSA Tower Complex which has 573,526 square feet of office space. Rare opportunity to purchase land in this great downtown location.Rare vacant lot on Madison Avenue. This lot currently features 36 income-producing parking stalls, with potential income of $15,000 to $20,000 annually. Property is at the heart of the Montgomery CBD with a daytime population of 22,000, and within walking distance to over 2,000,000 s.f. of class A office space. Could be kept as a low maintenance parking lot, or developed. Zoning is T4-0.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

NEW - Brochure (L) (PDF) opens in new window

Highlights

36 parking stalls - potential to produce $15,000 to $20,000 annually.
Rare vacant lot with 75' of frontage on Madison Avenue - potential development site.
Great ingress/egress to Madison Avenue.

Contacts

John Mottram CCIM

SVN | JJMottram

(334) 201-5002

Location

Getting Around

Walk Score ®
72/100 Very Walkable
Transit Score ®
31/100 Some Transit
Bike Score ®
44/100 Somewhat Bikeable

Map
Street

City Montgomery, AL
Neighborhood Downtown Montgomery
Zip Code 36014

Points of Interest

Montgomery Union Station

0.56 miles

BP

0.94 miles
Exxon

0.94 miles
Chevron

1.13 miles
Murphy USA

2.10 miles
Entec

2.10 miles
Citgo

2.10 miles
Z-Tec

2.12 miles
Pacecar

2.16 miles
Exxon

2.23 miles
BP

2.25 miles

Chamber of Commerce Parking

0.39 miles
One Commerce Street Parking

0.40 miles
Lot 5

7.56 miles
Lot 1

7.64 miles

DoubleTree by Hilton Hotel Montgomery Downtown

0.15 miles
SpringHill Suites

0.32 miles
Renaissance Montgomery Hotel & Spa at the Convention Center

0.44 miles
Embassy Suites Montgomery Hotel & Conference Center

0.54 miles
Stay Lodge

2.09 miles
Red Roof Inn Montgomery Midtown

2.31 miles
Hilton Garden Inn Montgomery East

3.86 miles
Homewood Suites by Hilton Montgomery

3.90 miles
America's Best Inns & Suites

4.08 miles
Comfort Inn

4.15 miles

Dreamland BBQ Montgomery

0.30 miles
Wasabi Japanese Cuisine

0.34 miles
Central

0.35 miles
Cahawba House

0.35 miles
NYC Gyros

0.36 miles
Jalapenos in the Alley

0.36 miles
Jimmy John's

0.37 miles
Sa-Za

0.38 miles
Mellow Mushroom

0.38 miles
Wintzell's Oyster House

0.39 miles

Jones Law School

0.32 miles
Alabama Community College System

0.44 miles
Troy University

0.46 miles
Troy University - Montgomery Campus

0.47 miles
Baldwin Junior High School

0.51 miles
W B Paterson School

0.58 miles
Booker T Washington Junior High School

0.69 miles
University Center School

0.74 miles
Chilton Elementary School

0.76 miles
Central Area Vocational Center

0.79 miles

Frequently Asked Questions

What is the lease rate for New Price - Madison Avenue?

Rental asking rate at New Price - Madison Avenue is $99,750.00/YR.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.