Marcus & Millichap is pleased to present a 18-acre parcel located at 1815 Bell Street (the “Property”) in Montgomery, Alabama. This Property offers an exceptional investment opportunity to develop a large parcel across from Maxwell Air Force Base. FIRST BID MEETS RESERVE!
The Property consists of an 18-acre development parcel including several vacant buildings and is in a robust trade area near a mix of residential and industrial demand generators. The Property benefits from highly favorable and flexible M-1, Light Industrial zoning that allows for a wide variety of uses including retail, office, data center, motel, gas station, and others. The Property is in a Federal Opportunity Zone. Disclaimer: The Seller does not have a survey – parcel size and outline obtained from Montgomery County Assessor.
The Property is conveniently located adjacent to Maxwell Air Force Base and two miles west of downtown Montgomery. The base is the headquarters of Air University (AU), a major component of Air Education and Training Command, and is the U.S. Air Force's center for Joint Professional Military Education. The Property is easily accessible and is ideally positioned just 1-mile west of the highly trafficked I-65 with ±83,823 vehicles per day and offers prime visibility on Bell Street which carries ±7,975 VPD. The Property is strategically surrounded by numerous roof tops and is located in an area that serves ±30,673 people with an average household income of ±$45,290 within a 3-mile area and ±78,175 individuals within an expanded 5-mile area.