Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Development Land with Road Frontage Title is generated by Realmo AI

    12493 STEMLEY ROAD lot 30 Acres, Lincoln, AL 35096

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $2,000,000

    LAND - LINCOLN, AL

    Lot size:
    30.00 Acres
    Added:
    Dec 28, 2023
    Days on Market:
    889
    Last Refresh:
    Jun 4 at 3:06 am

    Property Features for 12493 STEMLEY ROAD lot 30 Acres

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active Under Contract
    APN
    02-07-36-0-000-104.000
    Lot size
    30.00 Acres

    Taxes and HOA fees

    Tax Description
    30 Ac(C) Com Int N Ln Interstate Hwy 20 & E Bdy Ln S36 T16s R4e. Th N 210(S) To Pob. W 1325(S) N 1000(S) E 1320(S) S 970(S) To Pob

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Dawn Jenkins

    Listing agent Dawn Jenkins License #113549

    Listing office eXp Realty, LLC Central 100 Chase Park S #128, Hoover, AL

    Listing date Dec 28, 2023

    MLS# 21373383 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.

    HighLights

    • 32+/- acres on I‑20 at Exit 165 Embry, Lincoln, zoned B‑2
    • Estimated 850' frontage on Stemley Road
    • Visible to daily traffic count of 13,000+
    • Additional 2.45+/- acres included (Parcel ID 03‑09‑31‑0‑000‑009.00)
    • Public water available

    Overview

    This offering is a commercial development land parcel in Lincoln, Alabama. The property is zoned for B-2 and totals approximately 32+/- acres, with an estimated 850' frontage on Stemley Road. An additional 2.45+/- acres is included in the transaction as parcel ID 03-09-31-0-000-009.00.

    The site is located along I-20 at exit 165 Embry, with visibility to daily traffic described as 13,000 plus. Public remarks also reference a Hondamanufacturing plant located about 1.5 miles north.

    The property is being presented as suitable for a variety of commercial developments, including hotels, truckstop uses, or restaurants. Its B-2 zoning and accessible frontage along Stemley Road are practical considerations for tenants or operators seeking to establish hospitality and food service concepts in a traffic-exposed location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lincoln
    County
    Talladega
    State
    Alabama
    Longitude
    -86.161231
    Latitude
    33.59417

    Nearby Similar for Sale

    • $750,000

      Prime Investment Opportunity in Lincoln

      1.59 acre lot with high visibility and easy access.
      12184 Stemley Road, Lincoln, AL 35096
      View Details
    • $874,900

      Pastureland Ready Near I-20

      129+ acre pastureland with barn, fencing, and ponds near I-20.
      1015 Saint Mary Road, Lincoln, AL 35096
      View Details
    • $799,900

      Waterfront Peninsula Land with Boat House

      1.5-acre waterfront lot on Logan Martin Lake with a boat house, lifts, and jet ski slips for water recreation.
      535 LAKE POINTE DRIVE lot: 302/302A, LINCOLN, AL 35096
      View Details
    • $399,000

      Highway 77 Intersection Business Location

      Commercial land with concrete office building on Highway 77.
      47851 Highway 78 4, LINCOLN, AL 35096
      View Details
    • $220,000

      Level Shaded Land Parcel

      Five-acre parcel with existing septic tanks and available utilities, suited for campground or other commercial development.
      4715 SPEEDWAY BOULEVARD lot: 1, LINCOLN, AL 35096
      View Details
    • $197,800

      92 Acres Timberland in Lincoln

      92-acre timberland tract with timber potential and long-term land value.
      SPEEDWAY INDUSTRIAL Drive, LINCOLN, AL 35096
      View Details
    • $63,000

      4.6 Acre Wooded Homesite Opportunity

      Prime East Alabama location with road frontage and utilities available.
      HIGHWAY 78 lot: 0, LINCOLN, AL 35096
      View Details
    • $250,000

      Land Across From Lincoln Schools

      Commercial land for sale with investment, office, or retail potential.
      1045 Patton Chapel Road, Lincoln, AL 35096
      View Details
    • $195,000

      Highway Frontage Land For Sale

      3.5 acre commercial land with highway frontage available.
      48364 US-78, Lincoln, AL 35096
      View Details
    • $299,900

      Gently Rolling Land with Barn

      For sale 22.8-acre tract with Highway 78 West frontage and a 30-by-40 barn with front-and-side porches.
      264 STINES LANE lot: 1, LINCOLN, AL 35096
      View Details
    • $799,900

      Waterfront Land on Logan Martin

      Waterfront land with boat house and panoramic lake views.
      535 Lake Pointe Drive 302/302A, LINCOLN, AL 35096
      View Details
    • $34,500

      Partially Cleared Custom Home Lot

      Build-ready land in the Holly Hills subdivision with 1.65 acres and partial clearing for your custom home plans.
      375 WILLOW CREEK DRIVE lot: 29, LINCOLN, AL 35096
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial-zoned land with substantial road frontage, positioned for a range of hospitality and truck-oriented uses.
    Where is this commercial land located?
    The property is located at 12493 STEMLEY ROAD lot 30 Acres Lincoln, AL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 32+/- acres on I‑20 at Exit 165 Embry, Lincoln, zoned B‑2; Estimated 850' frontage on Stemley Road; Visible to daily traffic count of 13,000+
    (205) 427-8962
    We can help!
    Listing Contact
    Dawn Jenkins
    Real Estate License ID: 113549
    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

    Thank You for Inquiry
    12493 STEMLEY ROAD lot: 30 Acres, LINCOLN, AL 35096
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!