Prime Development Opportunity: The offering consists of 21 acres of flat, cleared land. The site, previously home to a 364-unit property, is zoned R-60-m, which allows 25.24 units/acre. The site is also located in a QCT and has the potential to be a great affordable housing site.
Top Ranked AL City: Montgomery County ranked 1st in Alabama for jobs created in 2022 with 1,491 positions created. The county also ranked 2nd in total investment with $1.7 billion invested.
access to demand drivers
Proximity to Demand Drivers: Court Street Land is surrounded by the area’s demand drivers including:
$600 Million Investment: Manna Capital Partners just announced a $600 million project to build an advanced beverage production and distribution facility in the city. The project will create 280 jobs which will also include a 1.7 million SF facility.
$205 Million Investment: Hyundai Mobis announced plans to build a $205 million plant in Montgomery that will create 400 jobs. The site will be 83 acres with a 450,000 SF facility.
Proximity to Major Employers: Montgomery is home to several major employers including:
THIS CONFIDENTIALITY AGREEMENT (“Agreement”) is made and agreed to by The Kirkland Company (“Broker”), exclusive listing broker for the Property, and (“Buyer”) regarding the sale of the property known as Court Street Land (“Property”) located in Montgomery, Alabama. The obligation of confidentiality undertaken pursuant to this Agreement shall survive the terms of the Broker’s listing agreement with the Owner.
BUYER HAS REQUESTED information from Broker for the purpose of evaluating a possible acquisition of the Property. The Owner of the property has instructed Broker to deliver information concerning the Property, much of which is highly confidential, only to those potential purchasers who sign this Agreement. To receive an Offering Memorandum (“Offering Memorandum”) please read, sign and return this Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation.
THEREFORE, THE PARTIES AGREE, in consideration of the covenants and agreements contained herein, as follows:
THIS CONFIDENTIALITY AND BROKERAGE AGREEMENT ("Agreement") is made and agreed to by and between THE KIRKLAND COMPANY (“Broker”), and “Prospective Buyer” with respect to the sale of certain real property located in Montgomery, Alabama and known as Court Street Land (“Property”).
NOW THEREFORE, the parties agree, in consideration of the covenants and agreements contained herein, as follows: