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    Monument Dr Millbrook, AL 36054

    Sponsored
    For Sale
    Contact for pricing

    Prime Millbrook location, ideal for business.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.6-acre commercial land parcel is situated in Millbrook, Alabama, along Monument Drive, just west of its intersection. Zoned B-1-a, this property offers unparalleled access to key areas, including convenient proximity to shopping centers and business districts in Millbrook, Prattville, and Wetumpka. Its strategic location near the new Publix and 17 Springs Sports Multiplex ensures high visibility and significant foot traffic. The property boasts direct access to Highway 14, providing effortless connectivity to I-65 Exit 181 (approximately 2.2 miles) and Interstate 85 (15 minutes south). The surrounding area demonstrates strong demographics, with a substantial population and high average household income exceeding $75,000 within a 5-mile radius, making it an attractive location for businesses targeting a thriving community. The land is priced at $132,000 per acre and is divisible, presenting a flexible investment opportunity. Highway 14 boasts an average daily traffic count of approximately 23,880 vehicles. This property presents a rare opportunity to establish a business in a high-growth area with excellent visibility and accessibility.

    Property Features for 0 Monument Dr

    General Information

    Property type
    Land
    Lot Size
    331,056 SF

    HighLights

    • $132,000/acre, divisible parcels.
    • Excellent Millbrook, Alabama location.
    • Convenient to shopping and businesses in Millbrook, Prattville, and Wetumpka.
    • High visibility near new Publix and 17 Springs Sports Multiplex.
    • Direct Highway 14 access; 2.2 miles to I‑65 Exit 181, 15 minutes to I‑85.
    • Highway 14 boasts an average daily traffic count of approximately 23,880 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Millbrook
    County
    Elmore
    State
    Alabama
    Longitude
    -86.3801621
    Latitude
    32.5138166

    Nearby Comparable

    • $995,000
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      Commercial Land on Highway 14

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      3300 Highway 14, Millbrook, AL 36054
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      Grandview Pines Shopping Center

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      Highway Frontage Investment Property

      17.69 acres with highway frontage in a fast-growing corridor.
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    • $3,980,250
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      Highway Frontage Investment Property

      Investment property with highway frontage in a fast-growing corridor.
      2400 Highway 14, Millbrook, AL 36054
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    • $3,980,250
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      Highway 14 Investment Opportunity

      Commercial land with highway frontage near I-65 in Millbrook, AL.
      2400 Highway 14, Millbrook, AL 36054
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    • $575,000
      1.80 Acres

      Millbrook Commercial Land - $575K

      Prime Millbrook location, vacant land, high traffic.
      540 Deatsville Hwy, Millbrook, AL 36054
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    • $2,800,000
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      Land For Sale Millbrook, AL

      Corner lot land available in Millbrook, Alabama.
      Highway 14, Millbrook, AL 36054
      View Details

    Nearby Similar for Sale

    • $2,764,000

      Millbrook Hwy 14 Commercial Land

      High-growth area, prime development opportunity.
      2400 Hwy 14 Hwy, Millbrook, AL 36054
      View Details
    • $395,000
      78,625 SF

      Grandview Pines Shopping Center

      Alabama Retail Center - High Traffic
      3791-3991 Highway 14, Millbrook, AL 36054
      View Details

    FAQs

    What type of property is this?
    Land - Prime Millbrook location, ideal for business.
    Where is this land located?
    The property is located at Monument Dr Millbrook, AL.
    What are key features of this property?
    This property features: $132,000/acre, divisible parcels.; Excellent Millbrook, Alabama location.; Convenient to shopping and businesses in Millbrook, Prattville, and Wetumpka.
    (334) 387-2724
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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
    Monument Dr Millbrook, AL 36054
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