426 Acres in Millbrook, AL - $2,500,000
Alabama River Parkway Tract #29-002
426 Acres in Elmore County, AL
Offered for $2,500,000 (5,859/acre)
Great investment and recreation opportunity
So many potential uses we dont know who to call
Located on Alabama River Parkway between Prattville & 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 ...
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.
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More by Fletcher Majors, ALC
