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    23.84 +/- Acres Belle St Alexander City, AL 35010

    For Sale
    $250,000

    LAND - Alexander City, AL

    Lot size:
    23.84 Acres
    Days on Market:
    220
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 23.84 +/- Acres Belle St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family
    APN
    12-02-03-1-001-019.000 & 12-02-03-4-001-004.000
    Lot size
    23.84 Acres

    Lake Martin Realty (256) 212-1433 [email protected]

    Listing agent Drew Wilder (256) 794-8203

    Listing date May 2, 2025

    Copyright © 2025 Lake Martin Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Alexander City Development Opportunity

    This 23.84-acre property is located in Alexander City, Alabama, and offers a development opportunity. It is zoned R-2 (Medium Density Residential) and R-3 (High Density Residential), providing versatile development potential. The R-2 zoning is suited for single-family homes, duplexes, and select multi-family dwellings, supporting a balanced residential environment. The R-3 zoning is designed for higher-density housing options such as apartments and condominiums, maximizing land use efficiency. The property's size and zoning make it suitable for a planned residential community, including single-family homes, duplexes, or a multi-family apartment complex. The location provides convenient access to local amenities, schools, and transportation routes. Proximity to existing city utilities simplifies the development process. Alexander City is experiencing growth, increasing the demand for housing options. The property's central location enhances its appeal to potential residents seeking convenience and accessibility. The combination of R-2 and R-3 zoning allows developers to tailor projects to market needs, optimizing return on investment.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Alexander City
    County
    Tallapoosa
    State
    Alabama
    Longitude
    -85.942049
    Latitude
    32.925669

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    FAQs

    What type of property is this?
    Residential land & home lot - 23.84 acre development opportunity in Alexander City, Alabama.
    Where is this residential land & home lot located?
    The property is located at 23.84 +/- Acres Belle St Alexander City, AL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Large 23.84+/- acre property in a central Alexander City location.; - Dual zoning (R-2 and R-3) allows for diverse residential development options.; - High-density zoning (R-3) maximizes land use efficiency and investment potential.
    (256) 794-8203
    Request Owner's contact information
    23.84 +/- Acres Belle St Alexander City, AL 35010
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    Realmo Value Estimation

    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.

    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.

    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
    23.84 +/- Acres Belle St Alexander City, AL 35010
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