Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    0 COUNTY ROAD 48 Lafayette, AL 36862

    View on Map
    For Sale
    $522,000

    Acreage - LAFAYETTE, AL

    Lot size:
    120.00 Acres
    Added:
    Jan 29, 2026
    Days on Market:
    62
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for 0 COUNTY ROAD 48

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    120.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    BRIAN WATTS

    Listing agent BRIAN WATTS

    Listing office SOUTHEASTERN LAND GROUP 16396 HWY 280, Dadeville, AL

    Listing date Jan 29, 2026

    MLS# 178066 Listing URL

    Copyright © 2026 Lee County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mature Timberland Property in Lafayette

    This 120-acre property, located off County Road 48 just west of downtown Lafayette in Chambers County, Alabama, presents an opportunity to own mature timberland in a beautiful area. The land offers recreational hunting opportunities for duck, deer, and turkey. The northern and southern portions of the property feature pole and saw timber quality type timber. A mature hardwood bottomland and a large flowing stream are located in the middle of the property. Deeded access to the property is included, and power is available at the road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Lafayette
    County
    Chambers
    State
    Alabama
    Longitude
    -85.430847
    Latitude
    32.904345

    Nearby Similar for Sale

    • $197,500

      Car Wash on Highway Frontage

      Operating car wash with highway frontage in Lafayette, Alabama.
      404 Lafayette Street, Lafayette, AL 36862
      View Details
    • $197,500

      Highway Frontage Car Wash

      Operating car wash with highway frontage in Lafayette, Alabama.
      404 LAFAYETTE STREET, LAFAYETTE, AL 36862
      View Details
    • $149,000
      2,800 SF

      Multi-Unit Investment Property on 2+ Acres

      Five units, eleven bedrooms, and five bathrooms on 2+ acres.
      251 1ST STREET NE, LAFAYETTE, AL 36862
      View Details
    • $180,000

      34 Acres Hunting/Homestead Opportunity

      34 acres ideal for hunting and homesteading near Lafayette, AL.
      0 COUNTY ROAD 65, LAFAYETTE, AL 36862
      View Details
    • $279,000

      Land in Lafayette, Alabama

      1.3 acre lot available for purchase in Lafayette, Alabama.
      Lafayette Street, Lafayette, AL 36862
      View Details
    • $129,999

      Wooded Acreage Near Auburn

      7± acre lot in Oak Bowery Farms community.
      0 COUNTY ROAD 95, LAFAYETTE, AL 36862
      View Details
    • $279,000

      Land in Lafayette, Alabama

      1.3 acre land parcel available for purchase.
      0 LAFAYETTE STREET, LAFAYETTE, AL 36862
      View Details
    • $900,000

      225 Acres Unimproved Land, Lafayette

      225 acres of unimproved land with creek access.
      BOYDS CREEK 32.81174, -85.38119, Lafayette, AL 36862
      View Details
    • $589,000

      Lafayette Bed & Breakfast Opportunity

      Stunning B&B with gardens and additional brick ranch.
      N 215-217 N LAFAYETTE Street Street, Lafayette, AL 36862
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 120-acre timberland property with hunting and recreational opportunities near Lafayette.
    Where is this agricultural land / farmland located?
    The property is located at 0 COUNTY ROAD 48 Lafayette, AL.
    What is the asking price?
    The asking price for this property is $522,000.
    What are key features of this property?
    This property features: Mature timberland property with pole and saw timber quality.; Excellent recreation and hunting opportunities for Duck, Deer, and Turkey.; Beautiful area of Chambers County, west of downtown Lafayette.
    (334) 707-4273
    We can help!
    Listing Contact
    BRIAN WATTS
    Real Estate License ID: 107658
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!