0 Al-143 Millbrook, AL 35801
This exceptional 1-acre commercial property in Elmore County, Alabama, presents a unique investment opportunity. Located on AL-143 in Millbrook (zip code 35801), this lot offers approximately 245 feet of road frontage, ensuring high visibility for any business. The property is less than a mile from a new, 4,000-capacity prison currently under construction, promising significant foot traffic and economic activity. Essential utilities, including power, sewer, and water, are readily available, simplifying development. The property is currently unzoned, offering flexibility for a variety of commercial uses, from retail and restaurants to professional offices. This location is poised to benefit from the increased demand for services and amenities driven by the new prison complex. The asking price is $175,000, representing a compelling investment in a rapidly developing area. Ownership transfers at closing. This is an ideal opportunity for entrepreneurs and investors seeking high-visibility commercial land in a growth market. Don't miss this chance to secure a prime location near a major new development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.