For Sale
$575,000

540 Deatsville Hwy Millbrook, AL 36054

Prime Millbrook location, vacant land, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
132
This 1.8-acre commercial lot, located at 540 Deatsville Highway in Millbrook, Alabama (zip code 36054), is offered at $575,000. The property is zoned C-1 and boasts excellent visibility from Deatsville Highway. Previously improved, the site is now vacant and presents a unique opportunity for redevelopment. The lot offers ample space for on-site parking, catering to both customers and employees. Its strategic location provides easy access to major transportation arteries. Specifically, it's conveniently situated near Highway 14, offering quick access to I-65 Exit 181 (3 miles away) and Interstate 85 (15 minutes south). High traffic counts further enhance the property's appeal: Deatsville Highway sees an average annual daily traffic (AADT) of approximately 16,132 vehicles, while AL Highway 14 boasts an AADT of approximately 23,880 vehicles. The total land area is 7,459 square feet, resulting in a price per square foot of $77.09. The property's assessed parcel number (APN) is 1505210003003.000. This is a net-net (NN) lease opportunity for a single tenant. The property is currently vacant. This presents a compelling investment opportunity with a projected 11% capitalization rate.

Highlights

  • Land only; existing structure demolished.
  • Excellent Millbrook, AL location.
  • High visibility from Deatsville Highway.
  • Ample on-site parking.
  • Convenient access to Hwy 14, I-65 (Exit 181), and I-85.
  • 16,132 AADT Deatsville Hwy; 23,880 AADT AL Hwy 14.

Property Details for 540 Deatsville Hwy

Property type
Land
Square Feet
7,459 SF
Lot Size (sq. ft)
78,408 SF

Location Insight

City
Millbrook
County
Elmore
State
Alabama
Latitude
32.5246663
Longitude
-86.3746119

FAQs

What type of property is this?
Land - Prime Millbrook location, vacant land, high traffic.
Where is the land located?
The property is located at 540 Deatsville Hwy Millbrook, AL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Land only; existing structure demolished.; Excellent Millbrook, AL location.; High visibility from Deatsville Highway.
How can I contact the broker?
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540 Deatsville Hwy
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