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29-002 Alabama River Parkway Bend

$2,500,000

Millbrook, AL (Tract ID # 29-002) PDF brochure

Details

  • $2,500,000 ($5,869 per acre)
  • Tract ID: 29-002
  • Waterfront, Timberland, Development
  • Acreage: 409 Acres
  • Status: Sold
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Property Description

Great investment and recreation opportunity

? So many potential uses we don’t know who to call
? Located on Alabama River Parkway between Prattville and Montgomery
? Over 12,000 feet of Alabama River frontage
? Over 250 acres of fast growing loblolly pine on highly productive land
? You can see the State Capital and the RSA Towers from the tract
? 19 lot riverfront subdivision has already been approved by Elmore County. Lots range in size from 5.04 acres to 9.83 acres. Total acreage in development totals 122.77 acres leaving over 300 acres for other uses.
? Gravel has not been tested but there is active sand and gravel mining across the river less than one mile from tract (many more nearby)
? Great potential for a conservation easement based on agreeing to either not develop the 19 lots or mine sand and gravel. This would allow income sheltering for high net worth individuals who could still benefit from growing timber and enjoying the recreational value of the property.
? A game sanctuary within site of the State Capitol
? Drive south less than 6 miles, 15 minutes to the State Capitol
? Drive north less than 5 miles, 10 minutes to the local Bass Pro Shop in Prattville or go another mile to the Robert Trent Jones Golf Trail at Capital Hill.

Your Agent for this listing

Fletcher Majors, ALC

Qualifying Broker, ALC Wetumpka Office
Office: (334) 472-0029
Mobile: (334) 328-9278
Fax: (334) 567-8024
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