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    2400 Hwy 14 Hwy Millbrook, AL 36054

    Sponsored
    For Sale
    $2,764,000

    High-growth area, prime development opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment property boasts over 1300 feet of highway frontage on Highway 14 in Millbrook, Alabama, a rapidly expanding corridor near Interstate 65 exit 181. Situated conveniently near the entrance to the 17 Springs Sports and Activities Project, this property presents a rare opportunity for significant development. The land is exceptionally level and features all available utilities, including public sewer. Both parcels are being sold together as a single package, offering a substantial 0-acre site zoned B2. Its prime location and high visibility make it ideal for a diverse range of commercial ventures, including retail, restaurants, medical facilities, hotels, or office spaces. The high traffic volume on Highway 14 ensures excellent exposure and accessibility for any business. This is a unique chance to acquire a large, versatile property in a thriving area with immense potential for future growth and return on investment. The property's level terrain and readily available utilities simplify development plans, making it an attractive option for developers and investors alike.

    Property Features for 2400 Hwy 14 Hwy

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1996
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Millbrook
    County
    Elmore
    State
    Alabama
    Longitude
    -86.40569
    Latitude
    32.49193

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - High-growth area, prime development opportunity.
    Where is this commercial real estate located?
    The property is located at 2400 Hwy 14 Hwy Millbrook, AL.
    What is the asking price?
    The asking price for this property is $2,764,000.
    (334) 285-0800
    Request Owner's contact information
    2400 Hwy 14 Hwy Millbrook, AL 36054
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    Millbrook, AL 36054
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2400 Hwy 14 Hwy Millbrook, AL 36054
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