0 Redfield Rd Prattville, AL 36066
This exceptional 23-acre parcel in Prattville, Alabama, presents a remarkable development opportunity. Located in a high-growth corridor, this R-5 zoned land boasts approved plans for 74 residential lots. Its strategic location directly adjacent to Prattville Town Center, a thriving 430,000 square foot power center anchored by major retailers like Target, Home Depot, TJ Maxx, Ross, and PetSmart, ensures high visibility and accessibility. The property enjoys convenient access from I-65 via Red Field Road and Cobbs Ford Road, which sees approximately 32,610 vehicles daily. Surrounded by national retailers, restaurants, and hotels, this site benefits from the established infrastructure and high traffic counts of this bustling area. Its proximity to the renowned Robert Trent Jones Capitol Hill Golf Course, a top-ranked public golf course attracting national attention and significant revenue to Prattville, further enhances its desirability. Prattville itself is a rapidly growing city (1.03% growth rate), the 12th largest in Alabama, with a population of 39,076 (2023). The property is approximately 0.7 miles from I-65, 4.5 miles from downtown Prattville, and 12.5 miles from Montgomery. The asking price is $649,900, with a land value of $65,174 per square foot. The Autauga County APN is 26 04 18 0 001 010.000. This is an unparalleled chance to capitalize on Prattville's robust growth and prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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