Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Lot in West Point Title is generated by Realmo AI

    288 Co Rd 1123, Vinemont, AL 35179

    View on Map
    Claim this Listing
    For Sale
    $31,900

    Lots - Vinemont, AL

    Lot size:
    0.75 Acres
    Added:
    Oct 10, 2025
    Days on Market:
    224
    Last Refresh:
    May 21 at 12:06 am

    Property Features for 288 Co Rd 1123

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1
    Standard status
    Active
    APN
    0805210001047011
    Lot size
    0.75 Acres

    Taxes and HOA fees

    Tax Annual Amount
    61.36

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Stacey Smith

    Listing agent Stacey Smith License #105677

    Listing office Nexthome Limitless Realty 204 9th Street, SW, Cullman, AL

    Listing date Oct 10, 2025

    MLS# 525245 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.

    HighLights

    • Large +/- 0.75 acre lot size.
    • Located in the desirable West Point Community within Somerset Subdivision.
    • Ready to build your dream home.
    • Convenient location to school, shopping, and travel.
    • Mature trees on the lot.
    • Restricted lot.

    Overview

    This residential lot is located in the West Point Community within the Somerset Subdivision. The property is approximately 0.75 acres and features mature trees. It is conveniently located near the school, shopping, and travel amenities. Multiple lots are available in this restricted subdivision. The property is zoned R1 and is located in Vinemont, Alabama.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Pharmacy Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Vinemont
    County
    Cullman
    State
    Alabama
    Longitude
    -86.966501
    Latitude
    34.238608

    Nearby Similar for Sale

    • $229,900

      Vinemont Acreage with Renovation Potential

      14.52 acres near Cullman with existing home and workshop.
      0 Co Rd 1212, Vinemont, AL 35179
      View Details
    • $229,900
      1,302 SF

      New Vinemont Home with Porches

      Move-in ready, 3-bedroom home near schools and shopping.
      720 Co Rd 1447, Vinemont, AL 35179
      View Details
    • $110,000

      Vinemont Land Ready to Build

      5.76 acres in West Point community, ready for building.
      1021 County Road 1242, Vinemont, AL 35179
      View Details
    • $229,900

      Secluded Land with Renovation Potential

      14.52-acre Vinemont property with existing infrastructure and renovation potential.
      0 Co Rd 1212, Vinemont, AL 35179
      View Details
    • $25,000

      Residential Lots in Vinemont, AL

      Two residential lots available in Vinemont, Alabama.
      0 Co Rd 1432, Vinemont, AL 35179
      View Details
    • $249,900

      Unrestricted Land in Vinemont, Alabama

      20.2+/- acres with road frontage and established utilities.
      14959 AL-157, Vinemont, AL 35179
      View Details
    • $224,900

      Vinemont Land with Pasture

      16 acres of level, fenced pasture near Cullman.
      16 ACRES COUNTY ROAD 1105, Vinemont, AL 35179
      View Details
    • $400,000

      Unrestricted 40-Acre Hunting Land

      40 acres in Sardis Community, ideal for nature enthusiasts.
      0 Co Rd 1067, Vinemont, AL 35179
      View Details
    • $400,000

      Unrestricted 40-Acre Nature Retreat

      40-acre unrestricted tract with mature trees, creek, and private pond.
      00 Co Rd 1067, Vinemont, AL 35179
      View Details
    • $400,000

      Unrestricted 40-Acre Nature Retreat

      40-acre unrestricted tract with pond, ideal for recreation/building.
      0 Co Rd 1067, Vinemont, AL 35179
      View Details
    • $29,900

      Unrestricted Lot in West Point

      Unrestricted 1-acre lot in Vinemont, 25 minutes from Cullman.
      1AC County Road 1038, Vinemont, AL 35179
      View Details
    • $31,900

      Residential Lot in Vinemont, AL

      0.75 acre residential lot in West Point Community.
      258 Co Rd 1123, Vinemont, AL 35179
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.75 acre residential lot in Vinemont, Alabama.
    Where is this residential land & home lot located?
    The property is located at 288 Co Rd 1123 Vinemont, AL.
    What is the asking price?
    The asking price for this property is $31,900.
    What are key features of this property?
    This property features: Large +/- 0.75 acre lot size.; Located in the desirable West Point Community within Somerset Subdivision.; Ready to build your dream home.
    (256) 339-1155
    We can help!
    Listing Contact
    Stacey Smith
    Real Estate License ID: 105677
    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
    288 Co Rd 1123, Vinemont, AL 35179
    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!