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

    0001 Willingham Hill Rd Tuscumbia, AL 35674

    View on Map
    For Sale
    $119,900

    Lots - Tuscumbia, AL

    Lot size:
    5.58 Acres
    Added:
    Nov 21, 2025
    Days on Market:
    133
    Last Refresh:
    Apr 3 at 6:06 am

    Property Features for 0001 Willingham Hill Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    00 Residential
    Standard status
    Active
    APN
    008.002
    Lot size
    5.58 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    600

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Melanie Kilpatrick

    Listing agent Melanie Kilpatrick License #000079899

    Listing office Riverside Realty, Inc 2105 Woodward Ave, Muscle Shoals, AL

    Listing date Nov 21, 2025

    MLS# 525978 Listing URL

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

    Overview

    Residential Land in Tuscumbia, AL

    This property features over 5 acres of residential land located in Tuscumbia, Alabama. The land, situated on the corner of Keller Quarry Road and Willingham Hill Road, is zoned for residential use. The property could be divided for multiple homes or used to build a single home. The lot size is 5.58 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Discount Store Plumbing Service Pet Store Arcade & Gaming Center Pet Store & Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tuscumbia
    County
    Colbert
    State
    Alabama
    Longitude
    -87.749536
    Latitude
    34.7099314

    Nearby Similar for Sale

    • $225,000
      8,679 SF

      Tuscumbia Commercial Property For Sale

      Versatile commercial property with warehouse and office space in Tuscumbia.
      300 W 5th Street, Tuscumbia, AL 35674
      View Details
    • $199,900

      Tuscumbia Duplex with Remodeled Units

      Cash-flowing duplex in Tuscumbia, AL, with remodeled units and new roof.
      304 5th St, Tuscumbia, AL 35674
      View Details
    • $70,000

      Tuscumbia Land Ready to Build

      1.88 acre lot ready for development or homestead.
      0 River Dr, Tuscumbia, AL 35674
      View Details
    • $399,000

      Commercial Land on Highway 20

      Commercial land with frontage on Highway 20 in Tuscumbia, AL.
      0 Gargis Ln, Tuscumbia, AL 35674
      View Details
    • $234,900
      1,500 SF

      Tuscumbia Commercial Space For Sale

      1,500 SF corner-lot commercial space in Tuscumbia, Alabama.
      300 E 6th St, Tuscumbia, AL 35674
      View Details
    • $60,000

      Residential Lot in Davis Estates

      1.57-acre lot for a custom home near local amenities.
      Lot 25 Davis Dr, Tuscumbia, AL 35674
      View Details
    • $169,500

      7.5 Acres with Pond and Barn

      7.5-acre property with pond, barn, and multiple utilities.
      1540 Blue Rd, Tuscumbia, AL 35674
      View Details
    • $60,000

      Commercial Land in Tuscumbia, AL

      Commercial property near Highway 20 with business venture potential.
      00 Gargis Ln, Tuscumbia, AL 35674
      View Details
    • $60,000

      Commercial Land Near Highway 20

      Commercial land in Muscle Shoals city limits, near Highway 20.
      0000 Gargis Ln, Tuscumbia, AL 35674
      View Details
    • $60,000

      Commercial Land in Tuscumbia, AL

      Commercial property near Highway 20 with business venture potential.
      000 Gargis Ln, Tuscumbia, AL 35674
      View Details
    • $459,900

      80 Acres on Underwood Mountain

      Secluded 80-acre property with creek access and hunting potential.
      0 Underwood Mountain Rd, Tuscumbia, AL 35674
      View Details
    • $49,900

      Land For Sale, Tuscumbia, AL

      4.68 acre commercial land available in Tuscumbia, Alabama.
      Tract E Old Memphis Pike, Tuscumbia, AL 35674
      View Details

    FAQs

    What type of property is this?
    Land - 5.58 acres of residential land for sale.
    Where is this land located?
    The property is located at 0001 Willingham Hill Rd Tuscumbia, AL.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: Over 5 acres of land, offering ample space.; Located in Tuscumbia, AL.; Potential for division into multiple home sites.
    (256) 577-1777
    We can help!
    Listing Contact
    Melanie Kilpatrick
    Real Estate License ID: 000079899
    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!