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

    101 Oak Pl Gadsden, AL 35901

    View on Map
    Sponsored
    For Sale
    Contact for pricing

    LAND - Gadsden, AL

    Lot size:
    0.60 Acres
    Days on Market:
    77
    Last Refresh:
    Mar 16 at 7:06 am

    Property Features for 101 Oak Pl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1508280001324.001
    Lot size
    0.60 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public

    We can help!

    Listing Contact
    Wesley Sutton
    Wesley Sutton

    CORPORATE SOUTH REALTY,INC (256) 543-1292

    Listing agent Wesley Sutton (256) 504-7665 License #78909

    Listing date Dec 29, 2025

    MLS# 21865077

    Copyright © 2026 ValleyMLS.Com,Inc. 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

    Gadsden, AL Building Lot

    This is a 0.60 +/- acre corner building lot located in Country Club Hills. The lot is situated in an established neighborhood and surrounded by existing homes. Some mature trees are present, offering potential privacy. A driveway is already in place. The property is located in Gadsden, Alabama.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Gadsden
    County
    Etowah
    State
    Alabama
    Longitude
    -86.013369
    Latitude
    33.960786

    Nearby Similar for Sale

    • $499,900
      9,696 SF

      Gadsden Commercial Property with Warehouse

      Strategically located warehouse with office, ancillary building, and fenced yard.
      1229 Malone St, Gadsden, AL 35904
      View Details
    • $999,900
      12,000 SF

      Downtown Gadsden Multi-Tenant Building

      Prime commercial building with high visibility and income potential.
      546 Broad St, Gadsden, AL 35901
      View Details
    • New
      $449,900
      6,883 SF

      Gadsden Commercial Building For Sale

      6,883 SF commercial building with loading dock and parking.
      107 S 26Th St, Gadsden, AL 35904
      View Details
    • $499,900
      7,281 SF

      Downtown Gadsden Commercial Building

      7,300 SF +/- commercial building in downtown Gadsden, Alabama.
      534 Walnut St, Gadsden, AL 35901
      View Details
    • $365,000
      7,954 SF

      Gadsden Office Building on Highway

      Multi-use office building with high visibility and access.
      2600 E Meighan Blvd, Gadsden, AL 35903
      View Details
    • $437,500
      2,574 SF

      Gadsden Medical Office For Sale

      Duplex-style medical office near Riverview Regional Medical Center.
      427 S 4Th St, Gadsden, AL 35901
      View Details
    • New
      $149,900
      2,066 SF

      Historic Commercial Building in Gadsden

      Located in the heart of Alabama City's historic district.
      218 Wall St, Gadsden, AL 35904
      View Details
    • $585,000
      8,800 SF

      Gadsden Commercial Property For Sale

      Commercial property suitable for office or religious activities.
      813 Chestnut St, Gadsden, AL 35901
      View Details
    • $450,000
      42.17 Acres

      42-Acre Multi-Use Opportunity

      Versatile property on 42 acres with diverse recreational and commercial potential.
      445 White Oak Dr, Gadsden, AL 35905
      View Details
    • $399,900
      2,303 SF

      Gadsden Office Space For Sale

      Timeless office space near Riverview Regional Medical Center.
      704 S 4Th St, Gadsden, AL 35901
      View Details
    • New
      $239,000
      1,300 SF

      Mixed-Use Property with Garage

      Mixed-use property featuring office space, kitchen, and garage bays.
      2716 Fields Ave, Gadsden, AL 35903
      View Details
    • New
      $110,000
      0.36 Acres

      Restaurant/Bar Opportunity in Gadsden, AL

      Corner lot with existing restaurant/bar equipment and ample parking.
      823 Tuscaloosa Ave, Gadsden, AL 35901
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Corner building lot in established Country Club Hills neighborhood.
    Where is this residential land & home lot located?
    The property is located at 101 Oak Pl Gadsden, AL.
    What is the asking price?
    The asking price for this property is $29,900.
    What are key features of this property?
    This property features: - Large .60 +/- acre corner building lot.; - Located in established Country Club Hills neighborhood.; - Surrounded by established homes.
    (256) 504-7665
    Request Owner's contact information
    101 Oak Pl Gadsden, AL 35901
    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.
    101 Oak Pl
    Gadsden, AL 35901
    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
    101 Oak Pl Gadsden, AL 35901
    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
    Wesley Sutton
    Wesley Sutton
    Real Estate License ID: 78909
    (256) 504-7665
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!