Sign Up Successful!
You now have access to more from Realmo!
    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

    00 Armstrong Rd Ashville, AL 35953

    Sponsored
    For Sale
    $41,000

    Acreage - ASHVILLE, AL

    Lot size:
    2.39 Acres
    Days on Market:
    73
    Last Refresh:
    Jan 26 at 7:06 am

    Property Features for 00 Armstrong Rd

    General Information

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

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Micah Martin

    Premier Trussville, LLC dba Keller Williams Realty (205) 661-0662

    Listing agent Micah Martin (205) 661-0662

    Listing date Nov 15, 2025

    MLS# 21436857 Listing URL

    Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land with Serene Pond

    This 2.39-acre property on Armstrong Road offers a canvas for a dream home. The parcel provides privacy, space, and natural scenery, including a pond. The land allows for a modern farmhouse, cabin retreat, or custom estate with outdoor living. It features views, gentle terrain, and country living, while remaining close to Ashville conveniences. There is room for a garden, shop, pool, or hobby farm. Additional acreage is available for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Ashville
    County
    St. Clair
    State
    Alabama
    Longitude
    -86.133419
    Latitude
    33.808343

    Nearby Similar for Sale

    • $2,500,000
      5.50 Acres

      ASHVILLE Retail/Automotive Property on I-59

      5.5 acres with a 9,000 sq ft main building.
      36587 Us Highway 231, Ashville, AL 35953
      View Details
    • $44,900
      0.32 Acres

      Warehouse in Ashville, Alabama

      Warehouse suitable for workshop or small business in Ashville.
      County Road 33, Ashville, AL 35953
      View Details
    • $259,900
      2,869 SF

      Spacious Home on Large Acreage

      Home on 11.3 acres with potential and storage buildings.
      30000 Us Highway 231, Ashville, AL 35953
      View Details
    • Contact for pricing
      980 SF

      Lakeside Property with Utility Access

      Four combined lots with lake access and existing utilities.
      51 Taft Rd, Ashville, AL 35953
      View Details
    • $209,900
      2,560 SF

      Ashville Home on 3+ Acres

      One-level, 3-bed, 2-bath home with new features on 3+ acres.
      2660 Waldrop Rd, Ashville, AL 35953
      View Details
    • $749,900

      Ashville Specialty Property For Sale

      Specialty property available for purchase in Ashville, Alabama.
      5Th Ave, Ashville, AL 35953
      View Details
    • $89,900
      7.00 Acres

      Prime 7-Acre Hwy 231 Tract

      Wooded land, creek, Hwy 231 frontage
      Us Highway 231, Ashville, AL 35953
      View Details
    • $2,500,000
      5.50 Acres

      Prime Retail Opportunity in Ashville, AL

      Former John Deere Dealership - 5.5 Acres
      36587 Us Highway 231, Ashville, AL 35953
      View Details

    FAQs

    What type of property is this?
    Land - 2.39 acres to build your dream home.
    Where is this land located?
    The property is located at 00 Armstrong Rd Ashville, AL.
    What is the asking price?
    The asking price for this property is $41,000.
    What are key features of this property?
    This property features: - Build your custom dream home on this 2.39-acre property.; - Enjoy the serene pond and natural scenery.; - Offers privacy and space.
    (205) 661-0662
    Request Owner's contact information
    00 Armstrong Rd Ashville, AL 35953
    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.
    00 Armstrong Rd
    Ashville, AL 35953
    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
    00 Armstrong Rd Ashville, AL 35953
    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

    We can help!
    Listing Contact
    Micah Martin
    (205) 661-0662
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.