Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Wooded Lot in Helena Title is generated by Realmo AI

    218 CHESTNUT FOREST CIRCLE, Helena, AL 35080

    View on Map
    Claim this Listing
    New
    For Sale
    $45,000

    Lots - HELENA, AL

    Lot size:
    0.50 Acres
    Added:
    May 11, 2026
    Days on Market:
    2
    Last Refresh:
    May 12 at 5:06 am

    Property Features for 218 CHESTNUT FOREST CIRCLE

    General Information

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

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tim Mitchell
    Tim Mitchell

    Listing agent Tim Mitchell

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

    Listing date May 11, 2026

    MLS# 21452559 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

    • Large, wooded, cul‑de‑sac lot (nearly half acre)
    • No HOA
    • Boat & trailer parking allowed
    • Potential for basement home with 3‑4 car garage
    • Buy now, build later option
    • Surrounded by woods

    Overview

    This is a nearly half-acre wooded cul-de-sac lot located in Helena, Alabama. The property allows for boat and trailer parking. There is no HOA. The lot can be used as expanded land, for storage, or to build a basement home with a 3-4 car garage. The neighborhood utilizes a septic system. There are 4-5 bedroom house plans that may work for the lot. The property is surrounded by woods.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Hotel & Motel HVAC Service Garden Center Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Helena
    County
    Shelby
    State
    Alabama
    Longitude
    -86.921547
    Latitude
    33.288238

    Nearby Similar for Sale

    • $799,900

      Two-Story Office Building in Helena

      Two-story office building with recent renovations in Helena, Alabama.
      1109 TOWNHOUSE ROAD, HELENA, AL 35080
      View Details
    • $499,000

      Helena, AL Land Opportunity

      Prime 12.76-acre land with retail or residential potential in Helena.
      Hillsboro Parkway, Helena, AL 35080
      View Details
    • $250,000

      Secluded Acreage in Helena, Alabama

      10-acre property with mature timber, creek, and convenient location.
      246 SPRING WATER FARMS, HELENA, AL 35022
      View Details
    • $350,000

      23 Acres in Gated Community

      23 acres in Helena's Red Oak Farms community.
      1321 RED OAK ROAD, HELENA, AL 35080
      View Details
    • $125,000

      Wooded Parcel for Dream Home

      3-acre wooded parcel perfect for a dream home.
      12 HONEYSUCKLE ROAD, HELENA, AL 35080
      View Details
    • $799,900
      4,632 SF

      Helena Office Building For Sale

      Two-story office building with recent renovations and ample parking.
      1109 Townhouse Road, HELENA, AL 35080
      View Details
    • $14,999

      Residential Land with Crest Views

      One-acre building site with crest and sunset views.
      5620 S SHADES CREST ROAD, HELENA, AL 35022
      View Details
    • $45,000

      Residential Lots in Helena, AL

      Residential lots available for new construction in Helena, Alabama.
      3271 MORGAN ROAD, HELENA, AL 35022
      View Details
    • $199,900

      5 Acres in Helena

      Five-acre parcel in Helena School System with mature hardwoods.
      1681 HIGHWAY 93, HELENA, AL 35080
      View Details
    • $48,000

      Residential Land in Helena, AL

      Land for sale in Helena, Alabama, ready to build.
      6024 LONG LEAF LAKE TRAIL, HELENA, AL 35022
      View Details
    • $1,163,750
      1,744 SF

      Portfolio of Five SFR Properties

      Five single-family residences in North Shelby County, Birmingham suburban area.
      1949 Riva Ridge Road, Helena, AL 35080
      View Details
    • Contact for pricing

      Helena, AL Development Opportunity

      Prime commercial land for sale in Helena, Alabama.
      2633 Helena Rd, Helena, AL 35080
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Half-acre wooded lot in Helena, Alabama, no HOA.
    Where is this residential land & home lot located?
    The property is located at 218 CHESTNUT FOREST CIRCLE Helena, AL.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: Large, wooded, cul‑de‑sac lot (nearly half acre); No HOA; Boat & trailer parking allowed
    (205) 305-8756
    We can help!
    Listing Contact
    Tim Mitchell
    Tim Mitchell
    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

    Thank You for Inquiry
    218 CHESTNUT FOREST CIRCLE, HELENA, AL 35080
    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!