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    190 Ashton Park Dr Millbrook, AL 36054

    Sponsored
    For Lease
    $12 SF/Yr

    Millbrook, AL Strip Center - 3,000 SF Available

    Lot size:
    23,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Ashton Plaza, located at 190 Ashton Park Dr in Millbrook, Alabama, presents a prime retail opportunity. This 23,450 square foot strip center, built in 2007, sits on a 2.01-acre lot and is zoned B-3: Hwy Commercial District within Elmore County. Currently, 3,000 square feet of retail space is available, divisible into units as small as 1,500 square feet, with a maximum contiguous space of 3,000 square feet. The property offers excellent visibility and accessibility due to its highway commercial zoning. Ideal for a variety of retail businesses seeking a well-located space in a thriving community. The lease rate is $12.50 per square foot, net. This is a fantastic chance to establish or expand your business in a high-traffic area of Millbrook, AL, zip code 36054. The property's location provides easy access for customers and employees alike. Don't miss this opportunity to secure your space in this established and successful retail center. Contact us today to learn more and schedule a viewing.

    Property Features for 190 Ashton Park Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,450 SF
    Total Rate
    24427.08

    Building Details

    Year Built
    2007

    Unit(s) available at that property

    Space
    Suite 199-198
    Size
    3,000 SF
    Rate per SF
    $12

    HighLights

    • Prime retail space available in a 23,450 SF strip center.
    • Strong Millbrook, AL economy with high business startup activity.
    • Excellent location near major retail anchors and with easy highway access to I‑65 and I‑85.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Millbrook
    County
    Elmore
    State
    Alabama
    Longitude
    -86.3818613
    Latitude
    32.5159482

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    Nearby Similar for Lease

    • $1,150 /Mo
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      Charming Millbrook Home For Rent

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      30 Rosewood Ct, Millbrook, AL 36054
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      Camp Grandview Plaza Retail Space

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      Office Space Available for Rent

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      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Millbrook, AL Strip Center - 3,000 SF Available
    Where is this neighborhood center located?
    The property is located at 190 Ashton Park Dr Millbrook, AL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Prime retail space available in a 23,450 SF strip center.; Strong Millbrook, AL economy with high business startup activity.; Excellent location near major retail anchors and with easy highway access to I-65 and I-85.
    Request Owner's contact information
    190 Ashton Park Dr 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
    190 Ashton Park Dr Millbrook, AL 36054
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