Description
Immediate income from an existing Alabama Power lease! With the benefit of lease termination with a 30 day notice if you prefer to develop the property. This 2.87± acre commercial development opportunity in the City of Montevallo is offered at $650,000 and zoned B-2, allowing flexibility for a wide range of commercial or multi-family uses, including uses permitted under B-1 and B-2 regulations. Alabama Power currently leases the property, giving a buyer the opportunity to continue receiving lease income after closing. If a buyer prefers to move forward with development or another use, Alabama Power may be given 30 days’ notice to vacate. The flat, level site is located on a high-traffic main highway with excellent visibility, access, and exposure. Utilities are available on site. Survey and zoning documentation are available upon request.
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0BEDS
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2.87ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Listing provided courtesy of RE/MAX Preferred.
© 2026 Greater Alabama MLS.Description
Immediate income from an existing Alabama Power lease! With the benefit of lease termination with a 30 day notice if you prefer to develop the property. This 2.87± acre commercial development opportunity in the City of Montevallo is offered at $650,000 and zoned B-2, allowing flexibility for a wide range of commercial or multi-family uses, including uses permitted under B-1 and B-2 regulations. Alabama Power currently leases the property, giving a buyer the opportunity to continue receiving lease income after closing. If a buyer prefers to move forward with development or another use, Alabama Power may be given 30 days’ notice to vacate. The flat, level site is located on a high-traffic main highway with excellent visibility, access, and exposure. Utilities are available on site. Survey and zoning documentation are available upon request.
© 2026 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Team Tritt | T Tritt Realty, LLC.
Data last updated: 2026-09-07T19:31:04.093.