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ADJACENT TO WALMART IN HIGH GROWTH AREA

Listing was updated at: 07/15/2019
ADJACENT TO WALMART IN HIGH GROWTH AREA

Property Overview

Price/Rent PSF Inquire
Asset Type Land
Trade Type Sale
Acres Available 28.32
Date Available 07/15/2019
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Description

Location
The property is located within the Montgomery, AL area, and is approximately 10 miles of downtown. The population within a three-mile radius is 30,629 which is a 6.73% increase since 2010. The immediate area where the property is located in the main growth corridor for the eastern portion of the city, and the majority of the retail is located one mile west around the Shoppes at Eastchase. Within one mile of the property, there are more than 650 new hotel rooms. Montgomery's largest employers were Maxwell-Gunter Air Force Base (12,280 employees), the state of Alabama (9,500), Montgomery public schools (4,524), Baptist Health (4,300), Hyundai Motor Manufacturing Alabama (3,000). Additionally, Montgomery is home to Alabama State University (5,475+ annual enrollment), which is located near the city center.

In cooperation with Ron Young, Licensed Alabama Broker #000080484-2, Southern Auction Solutions.

Sale
SEALED BID DEADLINE: May 16, 2019

The property includes 28.32 acres (16.37 build-able) located on heavily traveled Chantilly Parkway, just south of Interstate 85. The property sits adjacent to a Walmart Super-center and across the street from Home Depot. Located near the intersection of Interstate 85 and Chantilly Road /Boyd Cooper Parkway, the property is able to serve a large market area. The property is surrounded by a large number of single-family homes ranging in price from $250,000 to over $1,000,000. Additionally, the property has above average visibility from Interstate 85 (45,340+ VPD)

Location

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